We are pleased to announce that starting from July 17th, we will be offering micro sizes for the Nikkei 225, S&P 500, and Dow Jones 30.
While the Dow Jones 30 can still be traded under the same symbol (WS30), two new symbols, NI225 and SP500, will be introduced for the Nikkei 225 and the Standard & Poor’s 500, respectively, replacing the old symbols J225 and SPX500. These new symbols will maintain the same notional value as their predecessors but will allow trading at one-tenth (1/10) of the current minimum order size (previously 0.1 contracts in S&P 500 and 1 contract in Nikkei 225). The following table shows the details:
For clients using Expert Advisors (EAs), we recommend reviewing the symbol parameters before migrating to the new symbols (Contract size, Digits, Tick Size, etc). The new symbols will become available on July 17th, 2023, and to facilitate the transition, they will coexist with the old symbols for two weeks until July 31st, 2023.
Important: After these two weeks, no new positions can be opened in the old symbols, and only the closure of existing positions (close only) will be allowed for the following four weeks, until August 28th, 2023. After this transition period, the old symbols (SPX500 and J225) will no longer be available, and all existing positions will be closed.
As always, we are available via email for any questions you may have.
Your Darwinex Team.