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Darwinex reloaded

13 October 2016

Dear all,

Since launching the community forum, and particularly following the momentous GBP slide last week, the feature requests keep piling in the forum – THANK YOU for all the engagement!

The requests are all over the community site – so we thought it’d be better to disclose their scope and direction in a single post, than answer all comments piecemeal. Going forward, if you see any new requests that pertain to Darwinex reloaded, kindly let other readers about this post!

There’s going to be a VERY substantial overhaul of the entire Darwinex  in the coming weeks and months. So much change, in fact, we’ve codenamed the project internally as “Darwinex re-loaded”. 

This post outlines the core  developments – hope plenty of your Father X-Mas feature request list makes the cut 🙂

What’s changing?

A LOT. Please find a list of what to expect in the next months.

The investor proposition. We will:

  1. Substantially reduce default VaR for DARWINs to either 5% or 10%
  2. Introduce the option to gear up on default VaR for those investors who really want higher returns
  3. Introduce a completely overhauled risk management engine that will incorporate the many lessons the markets have taught us in the last 12 months
  4. Introduce limit orders (TP & SL on DARWINs)
  5. Gradually add more features empowering traders and investors to use DARWINs in the same ways you’d expect from other asset classes
  6. Introduce fundamental changes to the portfolio concept – with many underlying improvements that will be the foundation of the asset class

The trader proposition

  1. New assets (CFDs & futures)
  2. New trading interfaces, including APIs & compatibility with other mainstream charting platforms than MT4

The Darwinex message

When creating the asset class, we’ve had to position ourselves issuing judgment on what we thought “investable”. Thus the investable attributes, the score, the skill levels, etc. Having said that, we’re approaching the point where non-neutrality is neither necessary nor productive. Therefore, Darwinex will genuinely become the DARWIN Exchange, which implies:

  1. The Levels will disappear
  2. The investable attributes will NOT disappear – but it’ll be down to individual users to value as they see fit
  3. Short of disclosing trader intellectual property, we will offer tools so users create their own assessment criteria – including their own personal score, if they wish to, etc.

The entire site. We’ve learnt valuable lessons from users and are changing the complete layout to make

  1. Everyone’s user experience more intuitive,
  2. Less intimidating for new users, and
  3. More sophisticated for sophisticated users!

The algos. We’ve put a lot of work due to finish in the coming months that includes

  1. All investable attributes to be calculated on a trade by trade basis (as opposed to end of day), which means
  2. A much improved risk management engine that will overcome many of the issues identified with SNB 2015, GBP Flash Crash 2016, etc.
  3. Instant upgrades to available information
  4. A new world of opportunity when it comes to trading support tools…

As you can see – there’s plenty of evolution on its way, and we look forward to feedback on all the above, and indeed any other topics you’d like us to touch upon.

When will this happen?

The releases will take place gradually, but all will be processed as soon as possible! Unfortunately, technology is capricious in delivering unknown unknowns, so we can’t commit to specific timelines yet. 

Unfortunately, fundamental overhauls come at a “cost”: development resources are gradually shifting to “Darwinex reloaded” and we’re discontinuing work on the existing site – so… you won’t see material change to the interface in the next weeks, but please bear with us. It’s not that we’ve stopped working, we’re working on stuff that you can’t see yet.

One thing we promise is: it’s worth the wait!

Last News

UK General Election: Significant Volatility, Wider Spreads Expected

10 December 2019

Increased volatility and wider spreads are expected as the UK is gearing up to hold a general election on Thursday.

We would like to remind you that there is a general election in the UK on Thursday, December 12th 2019.

Kindly note that all GBP related instruments are likely to experience significant volatility, wider spreads and an increased risk of market gaps.

It is important that you have sufficient margin coverage and are comfortable with the exposure on your account.

Please feel free to contact us at info@darwinex.com should you need assistance in this regard.

Trading Hours for the 2019 US Thanksgiving Holidays

22 November 2019

Please note the amended Darwinex trading hours for the upcoming US Thanksgiving holiday period on 28th and 29th of November 2019.

Please note the amended Darwinex trading hours for the upcoming US Thanksgiving holiday period on 28th and 29th of November 2019. During this time spreads may be wider and liquidity may be thinner. Bank holidays may also give rise to changes on the applicable swap rates.

All times are in UK (GMT+0) time.


 Instrument November 28th 2019 November 29rd 2019
 COMMODITIES    
XAUUSD 23:01 Wed – 17:59 Thu 23:01 Thu – 18:10 Fri
XAGUSD 23:00 Wed – 17:59:50 Thu 23:00 Thu – 18:10 Fri
XPTUSD 23:01 Wed – 17:59:50 Thu 23:01 Thu – 18:40 Fri
XPDUSD 23:00 Wed – 17:59:50 Thu 23:00 Thu – 18:40 Fri
XTIUSD 23:00 Wed – 17:44:50 Thu 23:00 Thu – 18:25 Fri
XNGUSD 23:00 Wed – 17:44:50 Thu 23:00 Thu – 18:25 Fri
 INDICES    
Japan 225 23:00 Wed – 18:00 Thu  23:00 Thu – 18:10 Fri 
 US SPX 500 23:00 Wed – 18:00 Thu 23:00 Thu – 18:10 Fri 
 US Tech 100 23:00 Wed – 18:00 Thu 23:00 Thu – 18:10 Fri 
Wall Street 30 23:00 Wed – 18:00 Thu 23:00 Thu – 18:10 Fri 
 STOCKS    
US Stocks CLOSED 14:31 Fri – 17:59 Fri 

 

The rest of the assets will trade according to their usual trading time. As always, at info@darwinex.com we’ll be happy to assist you!

apalancamiento esma

Last night’s incident on MT4 micro indices

14 November 2019

Our MT4 feed on some “micro” indices went down in the night from November 13th to November 14th, 2019. NB: the downtime did NOT affect FX pairs, commodities, stocks and cryptos on MT4, and MT5 operated as normal. This blog post explains what happened and what we did about it. What happened One of our Prime Brokers […]

Our MT4 feed on some “micro” indices went down in the night from November 13th to November 14th, 2019.

NB: the downtime did NOT affect FX pairs, commodities, stocks and cryptos on MT4, and MT5 operated as normal.

This blog post explains what happened and what we did about it.

What happened

One of our Prime Brokers had issues with their “micro” Liquidity Provider on STOXX50E, UK100, GER30 and WS30 in the very early European morning.

We worked with them to isolate, then fix the root cause  and resumed streaming later in the European morning.

Our decision

Our Operations Department has proactively reviewed all affected orders. We will pay affected customers wherever a compensation is due. Luckily enough, some of our customers benefited from this incident and made larger profits than they planned!

If you feel any of your orders ought to be reviewed, kindly reach out to info@darwinex.com. As ever, don’t forget to mention your MT4 account number and (where possible), Order ID.

We keep working hard to improve our liquidity, the better our LPs, the lower the chances that this sort of incidents take place.

Please accept our sincerest apologies for the inconvenience and do let us know if doubts remain. We’ll do our utmost to clarify!

apalancamiento esma

Upcoming Holiday in Japan on November 4th

31 October 2019

There is a public holiday in Japan on Monday, 4th of November. Kindly note that during this time spreads may be wider and liquidity may be thinner. Bank holidays may also give rise to changes on the applicable swap rates.

There is a public holiday in Japan on Monday, 4th of November. Kindly note that during this time spreads may be wider and liquidity may be thinner. Bank holidays may also give rise to changes on the applicable swap rates. For any questions, don’t hesitate to reach out to info@darwinex.com.

apalancamiento esma

Upcoming Holiday In New Zealand Resulting In The Possibility Of Wider Spread

25 October 2019

Please be aware that there is a public holiday in New Zealand on Monday, October 28th during which spreads may be wider and liquidity may be thinner. For any questions, reach out to info@darwinex.com.

Please be aware that there is a public holiday in New Zealand on Monday, October 28th during which spreads may be wider and liquidity may be thinner. For any questions, reach out to info@darwinex.com.

apalancamiento esma

MetaTrader and Wine / PlayOnMac incompatibility on MacOS Catalina

18 October 2019

We’d like to inform you that MetaTrader terminals are currently not working correctly when using Wine or PlayOnMac on MacOS Catalina. CodeWeavers (developers of Wine) are already working on fixing this. We recommend that if you use Wine or PlayOnMac on MacOS, you postpone updating the operating system to MacOS Catalina until a solution is […]

We’d like to inform you that MetaTrader terminals are currently not working correctly when using Wine or PlayOnMac on MacOS Catalina. CodeWeavers (developers of Wine) are already working on fixing this.

We recommend that if you use Wine or PlayOnMac on MacOS, you postpone updating the operating system to MacOS Catalina until a solution is ready.

In the meantime, users who are already affected can continue using MetaTrader on MacOS by installing Windows as an alternative OS or by using Parallels.

For any questions, don’t hesitate to contact us at info@darwinex.com.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.