BOARD

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:

  1. FX pairs will open 5 mins later on Sunday night (GMT time)
  2. FX market will close 1 minute from 21:00:00 to 21:01:00 (GMT time)
  3. XAUUSD will close 1 min earlier than before (i.e. at 20:59:00 GMT)
  4. 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

Darwinex Amended trading Hours for President’s Day (19 February 2018)

13 February 2018

Please note the amended Darwinex trading hours for the upcoming President’s Day in the US on 19 February 2018 (all times are in UK – GMT time).  Instrument Trading Hours  FX 22:05 Sun – 22:00 Mon   DARWINS 22:05 Sun – 22:00 Mon  COMMODITIES   Gold* 23:01 Sun –17:59 Mon Silver* 23:00 Sun –18:00 Mon Platinum* 23:00 Sun –18:00 Mon Palladium* 23:00 Sun –18:00 Mon US Crude […]

Please note the amended Darwinex trading hours for the upcoming President’s Day in the US on 19 February 2018 (all times are in UK – GMT time).

 Instrument Trading Hours
 FX 22:05 Sun – 22:00 Mon
  DARWINS 22:05 Sun – 22:00 Mon
 COMMODITIES  
Gold* 23:01 Sun –17:59 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 –22:00 Mon
Natural Gas 23:00 Sun –22:00 Mon
 INDICES  
Australia 200 23:00 Sun –22:00 Mon
 Europe 50 23:00 Sun –22:00 Mon
France 40 23:00 Sun –22:00 Mon
Germany 30 07:00 – 21:00
Spain 35 07:00 – 19:00
Japan 225 23:00 Sun –22:00 Mon
 UK 100 23:00 Sun –22:00 Mon
 US SPX 500 23:00 Sun –22:00 Mon
 US Tech 100 23:00 Sun –22:00 Mon
Wall Street 30 23:00 Sun –22:00 Mon
*Amended Darwinex trading hours.

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

Our Latest Improvement In…The Importance Of A Good First Impression

In Darwinex, a first impression is the event when one investor first encounters a DARWIN and forms an opinion about it. First impressions are based on a wide range of characteristics: D-Score, Investing Attributes, AuM, return, drawdown, trader’s equity, etc. But, what about the strategy description? Write a delightful description to connect with your investors […]

In Darwinex, a first impression is the event when one investor first encounters a DARWIN and forms an opinion about it. First impressions are based on a wide range of characteristics: D-Score, Investing Attributes, AuM, return, drawdown, trader’s equity, etc. But, what about the strategy description?

Write a delightful description to connect with your investors at a deeper level

We know that a good description could significantly influence whether an investor allocates capital in your DARWIN or not since, at the end of the day, the relationship between a DARWIN provider and its investors is based on trust.

We are also aware that some of you have a blog or website where investors, or other traders, can know more about you and your strategy.

Enhanced tool to describe your strategy

That is the reason why we have decided to enhance our description tool so you can incorporate bold, italics and a link to your site in the description of your DARWIN/strategy, in your main profile and in all your “Darwinian filters”.

Here a brief example of how to do it:

Bold => **bold** => bold

Italics => _italics_ => italics

Link to your website => Go to [my website](https://www.darwinex.com/) => Go to my website

DARWIN VTJ paused for new investment

7 February 2018

Due to the divergence caused by the sheer increase in the volume of investors in the DARWIN VTJ- more than € 2MM under management! -, its DARWIN provider has requested us to close it temporarily. This means that the DARWIN will remain closed for new investments and current investors in VTJ will only be able […]

Due to the divergence caused by the sheer increase in the volume of investors in the DARWIN VTJ- more than € 2MM under management! -, its DARWIN provider has requested us to close it temporarily.

This means that the DARWIN will remain closed for new investments and current investors in VTJ will only be able to sell it.

For your information, we are currently working on a “Capacity Management” tool which will allow DARWIN providers to pause their DARWIN if they meet the following criteria:

  • 1-The max AuM cap established by the DARWIN provider is surpassed. The minimum will be determined by Darwinex.
  • 2-The divergence % in the DARWIN goes beyond the threshold established by the DARWIN provider. At this point, the DARWIN will be automatically paused. Irrespective of the min divergence % required by the DARWIN provider, Darwinex will automatically pause the DARWIN if it goes beyong  1%-1.5% (we’re still defining the optimal %)

This tool will allow Investors to:

  • 1-Know the parameters chosen by the DARWIN provider in advance.
  • 2-Activate a notification mechanism that will alert them when a trader changes any of the parameters defined beforehand or the DARWIN is paused/reopened again.

In the absence of such tool, the procedure hereinafter will be similar to the one applied for VTJ: the DARWIN provider notifies Darwinex of its intention to pause its DARWIN and we will comply with its will, with the limitations above-mentioned.

IMPORTANT: from now on, in case a DARWIN provider decides to pause it before the launch of the “Capacity Manegement” tool , Darwinex will not send any kind of notification to its clients.

Should you want to share your views on this topic, you are more than welcome to participate in this Community thread.

And the DarwinIA winners are… (January 2018)

1 February 2018

The January 2018 edition of our DarwinIA trading challenge came to its end. Below you can find the 48 winners of our € 4,000,000 notional allocation for a 6 month period. Place DARWIN Notional allocation 1st VQB € 300,000.00 2nd RDD € 250,000.00 3rd GTD € 210,000.00 4th WFJ € 170,000.00 5th CBY € 150,000.00 […]

The January 2018 edition of our DarwinIA trading challenge came to its end. Below you can find the 48 winners of our € 4,000,000 notional allocation for a 6 month period.

Place DARWIN Notional allocation
1st VQB € 300,000.00
2nd RDD € 250,000.00
3rd GTD € 210,000.00
4th WFJ € 170,000.00
5th CBY € 150,000.00
6th KVL € 140,000.00
7th ONE € 130,000.00
8th HTX € 120,000.00
9th UYZ € 110,000.00
10th XYF € 110,000.00
11th VTS € 110,000.00
12th ZGE € 100,000.00
13th LDZ € 100,000.00
14th RZX € 100,000.00
15th XIS € 90,000.00
16th ERQ € 90,000.00
17th ZZI € 90,000.00
18th LOM € 80,000.00
19th MER € 80,000.00
20th QDJ € 80,000.00
21st FTA € 70,000.00
22nd PFH € 70,000.00
23rd PMZ € 70,000.00
24th STP € 70,000.00
25th ENI € 60,000.00
26th NTI € 60,000.00
27th LFS € 60,000.00
28th LLZ € 60,000.00
29th ADZ € 60,000.00
30th GED € 60,000.00
31st FEG € 50,000.00
32nd YZF € 50,000.00
33rd ZTY € 50,000.00
34th ILM € 50,000.00
35th XSN € 50,000.00
36th QNR € 50,000.00
37th SPV € 50,000.00
38th STT € 40,000.00
39th NDQ € 40,000.00
40th WWB € 40,000.00
41st UEI € 40,000.00
42nd JBR € 40,000.00
43rd ZOX € 40,000.00
44th CEM € 40,000.00
45th HGD € 30,000.00
46th LZL € 30,000.00
47th DZL € 30,000.00
48th VBU € 30,000.00

 

Have questions about DarwinIA trading challenge ? At info@darwinex.com we’ll be happy to assist you!

Darwinex Amended trading Hours for Australia Day (26 January 2018)

22 January 2018

Please note the amended Darwinex trading hours for the upcoming Australia Day on 26 January 2018 (all times are in UK – GMT time).  Instrument Trading Hours  FX 22:01 Thu –21:55 Fri   DARWINS 22:01 Thu –21:55 Fri  COMMODITIES   Gold 23:01 Thu –21:55 Fri Silver 23:00 Thu –21:55 Fri Platinum 23:00 Thu –21:55 Fri Palladium 23:00 Thu –21:55 Fri US Crude 23:00 Thu –21:55 Fri Natural Gas 23:00 Thu –21:55 Fri  INDICES […]

Please note the amended Darwinex trading hours for the upcoming Australia Day on 26 January 2018 (all times are in UK – GMT time).

 Instrument Trading Hours
 FX 22:01 Thu –21:55 Fri
  DARWINS 22:01 Thu –21:55 Fri
 COMMODITIES  
Gold 23:01 Thu –21:55 Fri
Silver 23:00 Thu –21:55 Fri
Platinum 23:00 Thu –21:55 Fri
Palladium 23:00 Thu –21:55 Fri
US Crude 23:00 Thu –21:55 Fri
Natural Gas 23:00 Thu –21:55 Fri
 INDICES  
Australia 200* *06:10  – 21:55 
 Europe 50 23:00 Thu – 21:55 Fri
France 40 23:00 Thu – 21:55 Fri
Germany 30 07:00 – 21:00
Spain 35 07:00 – 19:00
Japan 225 23:00 Thu21:55 Fri
 UK 100 23:00 Thu21:55 Fri
 US SPX 500 23:00 Thu21:55 Fri
 US Tech 100 23:00 Thu21:55 Fri
Wall Street 30 23:00 Thu21:55 Fri
*Amended Darwinex trading hours.

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

Our Latest Improvement In … Chart Re-alignment!

19 January 2018

You already know that our incentives are 100% aligned with those of our clients –zero conflict of interest between Broker, Traders and Investors-, and this is something we feel VERY proud of in Darwinex. However, this was true to some extent as some of our tools had risen up in rebellion. In particular, the profile […]

You already know that our incentives are 100% aligned with those of our clients –zero conflict of interest between Broker, Traders and Investors-, and this is something we feel VERY proud of in Darwinex.

However, this was true to some extent as some of our tools had risen up in rebellion.

In particular, the profile of the DARWINs, displayed in the following sections, were slightly misaligned:

  1. Explore
  2. All DARWINs
  3. Any predefined filter
  4. Your Favorites
  5. Public User Profile
  6. A custom filter

Fortunately, the rebellion has not lasted long and we have been able to re-establish order…and alignment everywhere.

Trade safe!