Local market time deadlines
Having no daylight saving constraints on our settlement deadlines means you can benefit from up to two hours additional settlement depending on the market and your time zone. For example, if the local time deadline in Australia is 17:30 and you are in London you benefit from a two-hour increase on the deadline between April and October.
It also takes the headache out of converting the local market time to your instruction deadline – you can forget about clocks going forward or back and just think about one time zone (the local one) throughout the entire year.
Many companies fix their deadlines by the country of their headquarters (CET, GMT, etc) but by fixing our deadlines in the local time of each domestic market you always have consistent, best-possible deadlines.