BOARD

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

Australia Public Holiday on 10th June 2019

5 June 2019

Please note the amended Darwinex trading hours for the upcoming Bank Holiday in Australia on 10th June 2019 (all times are in UK time).

Please note the amended Darwinex trading hours for the upcoming bank holiday in Australia on 10th June 2019. All times are in UK (BST) time.

Indices  Monday 10th June 2019
AUS200 08:10 – 22:00

 

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

Upcoming holiday in New Zealand resulting in the possibility of wider spreads and thinner liquidity

30 May 2019

Please be aware that there is a bank holiday in New Zealand on Monday June 3rd. Therefore, during this time, spreads may be wider and liquidity may be thinner for all NZD-related assets. For any questions, we’re one email away, at info@darwinex.com.

Please be aware that there is a bank holiday in New Zealand on Monday June 3rd.

Therefore, during this time, spreads may be wider and liquidity may be thinner for all NZD-related assets.

For any questions, we’re one email away, at info@darwinex.com.

US Memorial Day & UK Spring Bank Holiday on 27th May 2019

14 May 2019

Please note the amended Darwinex trading hours for the upcoming US Memorial Day & UK Spring Bank Holiday on Monday 27th May 2019. All times are in UK (BST) time. Important: if you open / close an investment in a DARWIN that has an open trade in an asset with the market closed (see amended trading […]

Please note the amended Darwinex trading hours for the upcoming US Memorial Day & UK Spring Bank Holiday on Monday 27th May 2019. All times are in UK (BST) time.

Important: if you open / close an investment in a DARWIN that has an open trade in an asset with the market closed (see amended trading hours in red below), the transaction will not be carried out immediately. The operation will show up in your investor portfolio once it has been executed by our system when the index/commodity resumes trading on Monday night.

As always, at info@darwinex.com we’ll be happy to assist you!

Commodities   Monday 27th May 2019
Gold 23:01 Sun – 18:00 Mon
Silver 23:00 Sun – 18:00 Mon
Platinum 23:00 Sun – 18:00 Mon
Palladium 23:00 Sun – 18:00 Mon
US Crude 23:00 Sun – 17:45 Mon
US Natural Gas 23:00 Sun – 17:45 Mon
Indices
UK100 CLOSED
J225 23:00 Sun – 18:15 Mon
SPX500 23:00 Sun – 18:15 Mon
NDX 23:00 Sun – 18:15 Mon
WS30 23:00 Sun – 18:15 Mon
US Stocks
All US stocks CLOSED

The rest of the assets will trade according to their usual trading time.

UK100 closed on 6th May 2019

29 April 2019

Please note that on Monday 6th May 2019, the UK100 index CFD will be closed due to bank holiday in the United Kingdom.

Please note that on Monday 6th May 2019, the UK100 index CFD will be closed due to bank holiday in the United Kingdom.

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!

Amended trading hours and changes to EUR swaps: 1st May 2019

24 April 2019

Please note that amended Darwinex trading hours will apply on Wednesday 1st May 2019. There will also be changes to the way EUR swaps get charged / credited during next week due to the bank holiday on May 1st. Indices Wednesday 1st May 2019 STOXX50E CLOSED FCHI40 CLOSED GDAXI CLOSED SPA35 CLOSED   The rest of […]

Please note that amended Darwinex trading hours will apply on Wednesday 1st May 2019. There will also be changes to the way EUR swaps get charged / credited during next week due to the bank holiday on May 1st.

Indices Wednesday 1st May 2019
STOXX50E CLOSED
FCHI40 CLOSED
GDAXI CLOSED
SPA35 CLOSED

 

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!

Amended trading hours on ANZAC Day on 25th April 2019

22 April 2019

Please note that on Thursday 25th April 2019, the Australia 200 index CFD will open at 8:10 and close at 22:00 BST. The rest of the assets will trade according to their usual trading time.

Please note that on Thursday 25th April 2019, the Australia 200 index CFD will open at 8:10 and close at 22:00 BST.

The rest of the assets will trade according to their usual trading time.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71 % 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.