BOARD

Fine-tuning our algorithms

17 August 2016

As you may have noticed already, we are not resting this summer but are working hard to polish our algorithms. Below you can find the main improvements to our algos introduced this week.

1. Minor bugs (Levels & Performance)

First of all, we have removed minor bugs that were reported by some of our traders.

As you may recall, there are different paths to level up in Darwinex (click here for further info on the different paths). In certain cases, the algorithms were not picking the “right” path to level up. We have found the root of this issue and have fixed it so it won’t happen in the future.

Further, we were reported that the Performance attribute included a minor gap when certain strategies reached 6 D-Periods experience. This has now been fixed, too.

2. VaR Simulations

We are working hard to introduce a major improvement in the way our risk manager replicates trading strategies on behalf of investors. The first step towards that goal has been introduced this week: VaR simulations have been improved significantly. The way we were simulating VaR in the past used to have an effect on the D-Periods’ calculation. This used to cause a delay in the accounts’ analysis that has now been fixed. VaR simulations are now independent from D-Periods, which makes it easier (and faster!) for our algorithms to analyse trading strategies.

This is only the first step in a series of substantial improvements to our risk manager that are underway, we’ll keep you duly posted!

3. Consistency Attribute & swing trading

The main improvement introduced this week relates to the Consistency Attribute.

We have received several complaints from swing traders who felt penalised by the way the Consistency Attribute addressed their trades. In a way, achieving good scores in the Consistency Attribute used to be harder for traders who trade in longer timeframes (e.g. underlying strategies of DARWINS TSB or PGH). With this in mind, we have introduced a major change in the way weight is assigned to each trade in the Return Consistency & Duration Consistency charts.

Snip20160817_11

In the past, Weight used to be calculated as follows:  Weight = Trade’s Leverage* VaR(20%) / VaR of the strategy at trade’s close.

Going fwd, the weight assigned to each trade will contain a correction that takes into account the trade’s duration. The new weight is now calculated as follows: Weight = Leverage * (Square root of trade’s duration) * VaR(20%) / VaR of the strategy at trade’s close.

This improvement has given rise to changes in our traders’ Consistency Attribute score (in general, our community’s score in this Attribute has improved with the amendment introduced).

As a rule of thumb, traders who trade shorter timeframes and keep a specific trade open for longer time than usual will be more penalised on their Consistency Attribute than in the past. On the other hand, traders who trade longer timeframes and close a trade earlier than they usually do won’t be as penalised as much as they used to.

Further improvements to the Consistency Attribute are in the pipeline. In the coming months, we’ll introduce a big improvement in the way “hedging” is assessed by the Consistency Attribute.

4. Upcoming Improvements

Further improvements to our algorithms are underway. In addition to the changes mentioned above,  the main improvement we are working on will affect the risk manager: the way it works today, our risk manager is being too conservative when replicating strategies that trade very frequently and keep several trades open all the time (e.g. QNR). We’ll keep working hard to have this fixed ASAP, we’ll keep you duly posted.

As always, please do not hesitate to contact us at info@darwinex.com should you need assistance. Please accept our apologies for the effects this week’s changes may have caused in DarwinIA’s standings, we promise we do our best to avoid changes halfway of the month!

 

Last News

Amended Trading Hours for Australia Day (26 January 2021)

21 January 2021

Please be aware that Australia Day will be held on 26 January 2021. Kindly note that during this time spreads may be wider and liquidity may be thinner. Also, the following amended trading hours will apply. Indices  Tuesday 26 January 2021 AUS200 06:11 – 22:00 UTC The rest of the assets will trade according to their usual […]

Please be aware that Australia Day will be held on 26 January 2021. Kindly note that during this time spreads may be wider and liquidity may be thinner.

Also, the following amended trading hours will apply.

Indices  Tuesday 26 January 2021
AUS200 06:11 – 22:00 UTC

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

See the full calendar of amended trading hours.

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

Trading Hours for the US Martin Luther King Day on 18 January 2021

11 January 2021

Please note the amended trading hours that will apply on Monday 18 January 2021.

Please note the amended trading hours that will apply on Monday 18 January 2021.

🕤 All times in the following table are UTC (Coordinated Universal Time).
⚠️ During bank holidays spreads may be wider and liquidity may be thinner. They usually also give rise to changes to the applicable swap rates.
Commodities   Monday 18 January 2021
XAUUSD Early close at 17:43 UTC
XAGUSD Early close at 17:59 UTC
XTIUSD Early close 17:44 UTC
XNGUSD Early close 17:44 UTC
Indices
J225 Early close at 17:58 UTC
SPX500 Early close at 17:58 UTC
NDX Early close at 17:58 UTC
WS30 Early close at 17:58 UTC
US Stocks
All US stocks Closed

 

 

 

 

Related information:

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

brexit

Brexit, the endgame: what you need to know in a no-deal Brexit scenario

16 December 2020

With the year coming to an end and Brexit coming into force on January 1st 2021, we would like to remind you that Darwinex is Brexit ready. Below are some updates for both existing and new customers. Please note that these will be relevant only in the case of a no-deal Brexit.

With the year coming to an end and Brexit coming into force on January 1st 2021, we would like to remind you that Darwinex is Brexit ready. Below are some updates for both existing and new customers. Please note that these will be relevant only in the case of a no-deal Brexit.

No-deal Brexit for existing EU customers

What changes in your relationship with FCA-regulated Darwinex in a no-deal Brexit scenario? In short: nothing, if you’re an existing customer.

  1. The FCA continues to protect your right to trade with us.
  2. Your monies remain with Santander UK, Natwest Bank or Sabadell UK in London.
  3. Your Funds enjoy FSCS deposit protection and Lloyd’s insurance for up to GBP 500,000.

Brexit doesn’t impair your right to trade with counterparties in 3rd countries outside the EU. You could trade with Australian brokers, you continue to enjoy the right to trade with UK brokers.

No-deal Brexit for new EU customers

For Darwinex, a no-deal Brexit scenario means restrictions to market to new EU customers with our FCA entity. We’ll shortly share details of our new license in the EU, which will offer identical conditions to our UK entity.

Our FCA-regulated UK entity will, in any case, continue accepting EU customers whenever reverse solicitation applies. Reverse solicitation means traders and investors approaching Darwinex on their own initiative and Darwinex not having solicited them to trade or invest.

We’ve recorded a podcast episode about Brexit and prepared a Brexit FAQ. Feel free to send to info@darwinex.com any questions you might have and we’ll answer them for everyone’s benefit!

Navidad

Darwinex Trading Hours for the 2020 Christmas & New Year Holiday Period

14 December 2020

The Darwinex Trading Schedule for the 2020 Christmas and New Year Holiday Period is already available in the calendar of Amended Darwinex Trading Hours.

Christmas is around the corner!

The Darwinex Trading Schedule for the 2020 Christmas and New Year Holiday Period is already available in the calendar of Amended Darwinex Trading Hours.

Note that during the Cristmas and New Year holiday period spreads may widen and swaps may be affected by the ‘turn’ effect. The ‘turn’ effect is a phenomenon that exists in financial markets which is caused by supply and demand for funding over key dates such as year or quarter-end. This can create anomalies in the forward curves for certain currencies, and we are already beginning to see this priced into the year-end swap points that we receive from our liquidity providers.

Further, you may want to check out what happens if you want to buy/sell a DARWIN which has underlying trades open with different opening/closing times.

As always, if you have any queries, please feel free to contact us at info@darwinex.com.

The Darwinex Team wishes you a Merry Xmas and a Happy New Year!

Trading Hours for the 2020 US Thanksgiving Holidays

17 November 2020

Please note the amended Darwinex trading hours for the upcoming US Thanksgiving holiday period on 26th and 27th of November 2020.

Please note the amended Darwinex trading hours for the upcoming US Thanksgiving holiday period on 26th and 27th of November 2020.

During bank holidays spreads may be wider and liquidity may be thinner. They usually also give rise to changes to the applicable swap rates.

All times are UTC.

 Instrument November 26th 2020 November 27th 2020
COMMODITIES
XAUUSD Close at 17:44:00
Close at 18:29:00
XAGUSD
Close at 17:59:50
Close at 18:14:50
XTIUSD
Close at 17:44:50
Close at 18:29:50
XNGUSD
Close at 17:44:50
Close at 18:29:50
INDICES
J225
Close at 18:00
Close at 18:15
SPX500
Close at 18:00
Close at 18:15
NDX
Close at 18:00
Close at 18:15
WS30
Close at 18:00
Close at 18:15
STOCKS
US Stocks Closed
Close at 17:59

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

NextEra Energy Stock Split 4:1

19 October 2020

The NextEra Energy stock split is approaching. At Darwinex we will apply the stock split on October 27th.

The NextEra Energy stock split is approaching. $NEE shares will be split 4-for-1. The number of shares will be multiplied by 4 and share prices divided by this same value.

At Darwinex we will apply the stock split on Tuesday October 27th at market open.

In live accounts we will adjust open position to the split without the need to close and reopen trades. Pending orders will be cancelled. In MT5, the hedged positions will be closed and the split will be applied to the resulting net position.

In demo accounts we will close all open positions in $NEE on Monday afternoon. Pending orders will be cancelled.

$NEE stocks will be available for trading from Tuesday, October 27th, at the post-split price.

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

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