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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

Trading Hours for US Presidents’ Day on 17th February 2020

4 February 2020

Please note that the following trading hours will apply on Monday 17th February 2020. All times are in GMT+0 (London) time. During this time spreads may be wider and liquidity may be thinner. Bank holidays may also give rise to changes in the applicable swap rates. Commodities Monday 17th Febuary 2020 XAUUSD 23:01 Sun – 17:59 […]

Please note that the following trading hours will apply on Monday 17th February 2020. All times are in GMT+0 (London) time. During this time spreads may be wider and liquidity may be thinner. Bank holidays may also give rise to changes in the applicable swap rates.

Commodities	Monday 17th Febuary 2020
XAUUSD	23:01 Sun – 17:59 Mon
XAGUSD	23:00:01 Sun – 17:59:50 Mon
XPTUSD	23:00:01 Sun – 17:59:50 Mon
XPDUSD	23:00:01 Sun – 17:59:50 Mon
XTIUSD	23:00:01 Sun – 17:44:50 Mon
XNGUSD	23:00:01 Sun – 17:44:50 Mon
Índices
J225	23:00 Sun – 18:00 Mon
SPX500	23:00 Sun – 18:00 Mon
NDX	23:00 Sun – 18:00 Mon
WS30	23:00 Sun – 18:00 Mon
US stocks
All	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!

Trading hours

Upcoming Holidays in China and Australia

23 January 2020

Please be aware that the Chinese New Year will take place between January 24th and January 30th. Furthermore, Australia Day will be held on January 27th. Kindly note that during this time spreads may be wider and liquidity may be thinner. Also, the following amended trading hours will apply on Monday 27th January 2020. Time in […]

Also, the following amended trading hours will apply on Monday 27th January 2020. Time in GMT+0 (London) time.

Indices	Monday 27th January 2020
AUS200	06:10 – 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!

Opening of orders in the XPDUSD asset blocked until further notice

22 January 2020

Due to the global palladium shortage and the impossibility of offering reasonable spreads due to the lack of liquidity, we’ve blocked the opening of trades in the XPDUSD asset until further notice. For any questions, don’t hesitate to reach out to us here or, if it’s about your specific case, via email at info@darwinex.com.

Palladium XPDUSD

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

16 January 2020

Please be aware that there is a public holiday in New Zealand on Monday, January 20th during which spreads may be wider and liquidity may be thinner. For any questions, reach out to info@darwinex.com.

Margin increase for XAUUSD (Professional Clients only)

9 January 2020

Our margin requirement for the XAUUSD asset for Professional Clients is changing on Friday (January 10th 2020) around 17:00 GMT due to the US-Iran uncertainty. The new margin requirement will be 2% as opposed to the previous 1%. It will remain in place until further notice and will affect both existing and new positions. Kindly […]

Our margin requirement for the XAUUSD asset for Professional Clients is changing on Friday (January 10th 2020) around 17:00 GMT due to the US-Iran uncertainty.

The new margin requirement will be 2% as opposed to the previous 1%. It will remain in place until further notice and will affect both existing and new positions.

Kindly make sure you have enough available margin and equity in your account for the new margin level.

Need help? Please do not hesitate to contact us at info@darwinex.com.

Darwinex Trading Hours for the 2019 Christmas & New Year Holiday Period

18 December 2019

Please find below the Darwinex Trading Schedule for the 2019 Christmas and New Year Holiday Period. All times are displayed in UK time (GMT) and changes to regular trading hours are highlighted in red.

Christmas is around the corner!

Also 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.

Christmas 2019

DARWINs	Tuesday 24th December	Wednesday 25th December	Thursday 26th December
All DARWINs	22:05 Mon – 21:59 Tue	Closed	22:05 Wed – 21:59 Thu

FX	Tuesday 24th December	Wednesday 25th December	Thursday 26th December
All FX Instruments	22:04:01 Mon – 21:59:50 Tue	Closed	22:04:01 Wed – 21:59:50 Thu

Commodities	Tuesday 24th December	Wednesday 25th December	Thursday 26th December
XAUUSD	23:01 Mon – 18:29 Tue	Closed	23:01 Wed – 21:59 Thu
XAGUSD	23:00:01 Mon – 18:29:50 Tue	Closed	23:00:01 Wed – 21:59:50 Thu
XPTUSD	23:00:01 Mon – 18:44:50 Tue	Closed	23:00:01 Wed – 21:59:50 Thu
XPDUSD	23:00:01 Mon – 18:44:50 Tue	Closed	23:00:01 Wed – 21:59:50 Thu
XTIUSD	23:00:01 Mon – 18:29:50 Tue	Closed	23:00:01 Wed – 21:50:50 Thu
XNGUSD	23:00:01 Mon – 18:29:50 Tue	Closed	23:00:01 Wed – 21:59:50 Thu

Indices	Tuesday 24th December	Wednesday 25th December	Thursday 26th December
AUS200	23:00 Mon – 03:30 Tue	Closed	Closed
STOXX50E	Closed	Closed	Closed
FCHI40	23:00 Mon – 13:00 Tue	Closed	Closed
GDAXI	Closed	Closed	Closed
J225	23:00 Mon – 18:15 Tue	Closed	Closed
SPA35	07:00 – 13:00	Closed	Closed
UK100	23:00 Mon – 12:50 Tue	Closed	Closed
SPX500	23:00 Mon – 18:15 Tue	Closed	Closed
NDX	23:00 Mon – 18:15 Tue	Closed	Closed
WS30	23:00 Mon – 18:15 Tue	Closed	Closed

US Stocks	Tuesday 24th December	Wednesday 25th December	Thursday 26th December
All US stocks	14:31 – 17:59	Closed	14:31 – 20:59

Crypto	Tuesday 24th December	Wednesday 25th December	Thursday 26th December
All Crypto Instruments	22:05 Mon – 22:00 Tue	22:05 Tue – 22:00 Wed	22:05 Wed – 22:00 Thu

New Year 2020

DARWINs	Tuesday 31st December	Wednesday 1st January	Thursday 2nd January
All DARWINs	22:05 Mon – 21:59 Tue	Closed	22:05 Wed – 21:59 Thu

FX	Tuesday 31st December	Wednesday 1st January	Thursday 2nd January
All FX Instruments	22:04:01 Mon – 21:59:50 Tue	Closed	22:04:01 Wed – 21:59:50 Thu

Commodities	Tuesday 31st December	Wednesday 1st January	Thursday 2nd January
XAUUSD	23:01 Mon – 21:59 Tue	Closed	23:01 Wed – 21:59 Thu
XAGUSD	23:00:01 Mon – 21:59:50 Tue	Closed	23:00:01 Wed – 21:50:50 Thu
XPTUSD	23:00:01 Mon – 21:59:50 Tue	Closed	23:00:01 Wed – 21:59:50 Thu
XPDUSD	23:00:01 Mon – 21:59:50 Tue	Closed	23:00:01 Wed – 21:59:50 Thu
XTIUSD	23:00:01 Mon – 21:59:50 Tue	Closed	23:00:01 Wed – 21:59:50 Thu
XNGUSD	23:00:01 Mon– 21:59:50 Tue	Closed	23:00:01 Wed – 21:59:50 Thu

Indices	Tuesday 31st December	Wednesday 1st January	Thursday 2nd January
AUS200	23:00 Mon – 03:30 Tue	Closed	23:00 Wed – 22:00 Thu
STOXX50E	Closed	Closed	23:00 Wed – 22:00 Thu
FCHI40	23:00 Mon – 13:00 Tue	Closed	23:00 Wed – 22:00 Thu
GDAXI	Closed	Closed	07:00 – 21:00
J225	23:00 Mon – 22:00 Tue	Closed	23:00 Wed – 22:00 Thu
SPA35	07:00 – 13:00	Closed	07:00 – 19:00
UK100	23:00 Mon – 12:50 Tue	Closed	Closed
SPX500	23:00 Mon – 22:00 Tue	Closed	23:00 Wed – 22:00 Thu
NDX	23:00 Mon – 22:00 Tue	Closed	23:00 Wed – 22:00 Thu
WS30	23:00 Mon – 22:00 Tue	Closed	23:00 Wed – 22:00 Thu

US Stocks	Tuesday 31st December	Wednesday 1st January	Thursday 2nd January
All US stocks	14:31 – 20:59	Closed	14:31 – 20:59

Crypto	Tuesday 31st December	Wednesday 1st January	Thursday 2nd January
All Crypto Instruments	22:05 Mon – 22:00 Tue	22:05 Tue – 22:00 Wed	22:05 Wed – 22:00 Thu

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!