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New Darwinex Trading Hours (effective from 21 August 2016)

18 August 2016

As you all may know by now, Darwinex is a 100% STP / agency broker that sources liquidity from its liquidity providers (LPs) on behalf of its customers. In other words, we act as a mere intermediary between our clients and the liquidity available in the market as provided by our LPs.

This has its pros and its cons. On the plus side, our customers can rest assured that we won’t trade against them because we are NOT allowed to act as market makers and hence have no interest whatsoever in our customers losing money (on the contrary, the more our customers win, the better for us because the more commissions they’ll generate in the long run!).

On the downside, as a pure STP broker we depend entirely on the liquidity offered by our LPs (i.e. we have no control over the spreads they offer). In this sense, it is fair to say that our spreads are second to none most of the time (as recently proved by TradeProofer’s “Top Spread Awards”). However, the last couple of weeks (following the Brexit referendum) we have experienced a liquidity drought around market open on Sundays and during rollover time on weekdays (liquidity used to be low per se around rollover because interbank liquidity is literally closed).

The LPs’ reluctance to provide liquidity on Sunday open and around rollover time has given rise to wider spreads and larger candles on market open during the last few weeks. This has caused more TP and SL getting triggered on market open / close than usual.

We have been monitoring spreads on market open & rollover the last few weeks and have concluded that the liquidity available in the market during those times does not meet the high quality standards that our traders deserve. Because there is little we can do as a pure STP broker to increase the liquidity available in the market, we have decided to introduce a daily break so our customers’ trades are not affected by the low liquidity available on market open / close.

Below you can find the new trading hours that will be effective from Sunday 21 August 2016. As you can see below, the main aspects to bear in mind are:

FX pairs will open 5 mins later on Sunday night (GMT time)
FX market will close 1 minute from 21:00:00 to 21:01:00 (GMT time)
XAUUSD will close 1 min earlier than before (i.e. at 20:59:00 GMT)
All the assets will close 5 mins before market close on Fridays.

The new trading hours will remain in force until further notice. We will monitor the liquidity available at all times and we will remove the daily trading breaks only when we are sure that the liquidity available meets our clients’ needs.

New Darwinex Trading Hours (effective from 21 August 2016)*

Instrument	Open (Sunday)*	Trading Hours (Weekdays)*	Close (Friday)*
FOREX
AUDCAD	21:05:00	21:01:00 – 21:00:00	20:55:00
AUDCHF	21:05:00	21:01:00 – 21:00:00	20:55:00
AUDJPY	21:05:00	21:01:00 – 21:00:00	20:55:00
AUDNZD	21:05:00	21:01:00 – 21:00:00	20:55:00
AUDUSD	21:05:00	21:01:00 – 21:00:00	20:55:00
CADCHF	21:05:00	21:01:00 – 21:00:00	20:55:00
CADJPY	21:05:00	21:01:00 – 21:00:00	20:55:00
CHFJPY	21:05:00	21:01:00 – 21:00:00	20:55:00
EURAUD	21:05:00	21:01:00 – 21:00:00	20:55:00
EURCAD	21:05:00	21:01:00 – 21:00:00	20:55:00
EURCHF	21:05:00	21:01:00 – 21:00:00	20:55:00
EURGBP	21:05:00	21:01:00 – 21:00:00	20:55:00
EURJPY	21:05:00	21:01:00 – 21:00:00	20:55:00
EURNOK	21:05:00	21:01:00 – 21:00:00	20:55:00
EURNZD	21:05:00	21:01:00 – 21:00:00	20:55:00
EURUSD	21:05:00	21:01:00 – 21:00:00	20:55:00
GBPAUD	21:05:00	21:01:00 – 21:00:00	20:55:00
GBPCAD	21:05:00	21:01:00 – 21:00:00	20:55:00
GBPCHF	21:05:00	21:01:00 – 21:00:00	20:55:00
GBPJPY	21:05:00	21:01:00 – 21:00:00	20:55:00
GBPNOK	21:05:00	21:01:00 – 21:00:00	20:55:00
GBPNZD	21:05:00	21:01:00 – 21:00:00	20:55:00
GBPUSD	21:05:00	21:01:00 – 21:00:00	20:55:00
NZDCAD	21:05:00	21:01:00 – 21:00:00	20:55:00
NZDCHF	21:05:00	21:01:00 – 21:00:00	20:55:00
NZDJPY	21:05:00	21:01:00 – 21:00:00	20:55:00
NZDUSD	21:05:00	21:01:00 – 21:00:00	20:55:00
USDCAD	21:05:00	21:01:00 – 21:00:00	20:55:00
USDCHF	21:05:00	21:01:00 – 21:00:00	20:55:00
USDHKD	21:05:00	21:01:00 – 21:00:00	20:55:00
USDJPY	21:05:00	21:01:00 – 21:00:00	20:55:00
USDNOK	21:05:00	21:01:00 – 21:00:00	20:55:00
USDSEK	21:05:00	21:01:00 – 21:00:00	20:55:00
USDSGD	21:05:00	21:01:00 – 21:00:00	20:55:00
COMMODITIES
XAUUSD	22:00:00	22:00:00 – 20:59:00	20:55:00
XAGUSD	22:00:00	22:00:00 – 21:00:00	20:55:00
XTIUSD	22:00:00	22:00:00 – 21:00:00	20:55:00
XNGUSD	22:00:00	22:00:00 – 21:00:00	20:55:00
XPDUSD	22:00:00	22:00:00 – 21:00:00	20:55:00
XPTUSD	22:00:00	22:00:00 – 21:00:00	20:55:00
INDICES
STOXX50E	22:00:00	22:00:00 – 21:00:00	20:55:00
GDAXI	–	07:00:00 – 21:00:00	20:55:00
SPX500	22:00:00	22:00:00 – 21:00:00	20:55:00
WS30	22:00:00	22:00:00 – 21:00:00	20:55:00
NDX	22:00:00	22:00:00 – 21:00:00	20:55:00
J225	22:00:00	22:00:00 – 21:00:00	20:55:00
AUS200	22:00:00	22:00:00 – 21:00:00	20:55:00
FCHI40	22:00:00	22:00:00 – 21:00:00	20:55:00
UK100	22:00:00	22:00:00 – 21:00:00	20:55:00

*Times are in GMT time.

As always, please do not hesitate to contact us at info@darwinex.com should you have questions about the new trading hours.

Last News

DAX Trading Hours Soon to be Extended

9 July 2019

The CFD of the DAX (GDAXI) start trading with an extended schedule as of Monday July 22nd, 2019.

The CFD of the DAX (GDAXI) will soon – probably as of Monday July 22nd – start trading with an extended schedule.

The current schedule is as follows:

07:00 – 21:00 (London) Mon-Thu
07:00 – 20:55 (London) Fri

The extended schedule will be as follows:

01:30 – 21:00 (London) Mon-Thu
01:30 – 20:55 (London) Fri

We’ll update this post with the final implementation date of the extended schedule as soon as possible.

Update on July 18th: the DAX will start trading according to the new schedule on Monday July 22nd.

Note that during the night, GDAXI usually has a wider spread and a lower liquidity than during the day.

Please get in touch at info@darwinex.com for any questions you may have.

The FCA Makes ESMA’s CFD Restrictions Permanent

4 July 2019

The new measure doesn’t affect us more than the ESMA intervention already did. And it affected us in a positive way, contributing to the improvement of our clients’ performance.

The UK’s Financial Conduct Authority (FCA) made the European Authority’s (ESMA) CFD restrictions permanent this week.

Some reactions to this we saw in user forums implied this was a “ban” of Contracts for Differentes (CFDs). Some even said it was “the end of Darwinex”.

We’d like to clarify that the FCA’s measure makes the restrictions we already applied last year permanent. But nothing else changes. It’s only that this time it’s the national regulator that said this while last year it was the ESMA.

The new measure doesn’t affect us more than the ESMA intervention already did. And it affected us in a positive way, contributing to the improvement of our clients’ performance.

Trading Schedule for the US Independence Day on 3rd and 4th July 2019

27 June 2019

Please note the amended Darwinex trading hours (in red) for the upcoming US Independence Day on 3 & 4 July 2019. All times are in UK (BST) time.

FX	Wednesday 3^rd July	Thursday 4^th July
All FX Instruments	22:05 Tue – 22:00 Wed	22:05 Wed – 22:00 Thu

DARWINs	22:05 Tue – 21:59 Wed	22:05 Tue – 21:59 Wed

Commodities
Gold	23:01 Tue – 21:59 Wed	*23:01 Wed – 18:00 Thu
Silver	23:00 Tue – 22:00 Wed	*23:00 Wed – 18:00 Thu
Platinum	23:00 Tue – 22:00 Wed	*23:00 Wed – 18:00 Thu
Palladium	23:00 Tue – 22:00 Wed	*23:00 Wed – 18:00 Thu
US Crude	23:00 Tue – 22:00 Wed	*23:00 Wed – 17:45 Thu
US Natural Gas	23:00 Tue – 22:00 Wed	*23:00 Wed – 17:45 Thu

Indices
AUS200	23:00 Tue – 22:00 Wed	23:00 Wed – 22:00 Thu
STOXX50E	23:00 Tue – 22:00 Wed	23:00 Wed – 22:00 Thu
FCHI40	23:00 Tue – 22:00 Wed	23:00 Wed – 22:00 Thu
GDAXI	07:00 – 21:00	07:00 – 21:00
J225	*23:00 Tue – 18:15 Wed	*23:00 Wed – 18:00 Thu
SPA35	07:00 – 19:00	07:00 – 19:00
UK100	23:00 Tue – 22:00 Wed	23:00 Wed – 22:00 Thu
SPX500	*23:00 Tue – 18:15 Wed	*23:00 Wed – 18:00 Thu
NDX	*23:00 Tue – 18:15 Wed	*23:00 Wed – 18:00 Thu
WS30	*23:00 Tue – 18:15 Wed	*23:00 Wed – 18:00 Thu

US stocks	14:31 – 20:59	CLOSED

Crypto
All Crypto Instruments	22:05 Tue – 22:00 Wed	22:05 Wed – 22:00 Thu

The DARWIN Exchange will remain open even if the underlying assets’ market is closed. Should you want to know the standard procedure when you buy/sell a DARWIN whose underlying asset market is closed, we recommend you to read the following Help Center article: What happens if you want to buy/sell a DARWIN which has underlying trades open with different opening/closing times?

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

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!

Trading hours

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.

Trading hours