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 Trading Hours for ANZAC Day

19 April 2018

Please note the amended Darwinex trading hours for the upcoming ANZAC Day on 25 April 2018 (all times are in UK time).  Instrument Trading Hours  FX 22:01 Wed – 22:00 Thu   DARWINS 22:01 Wed – 22:00 Thu  COMMODITIES   Gold 23:01 Wed – 21:59 Thu Silver 23:00 Wed – 22:00 Thu Platinum 23:00 Wed – 22:00 Thu Palladium […]

Please note the amended Darwinex trading hours for the upcoming ANZAC Day on 25 April 2018 (all times are in UK time).

 Instrument Trading Hours
 FX 22:01 Wed – 22:00 Thu
  DARWINS 22:01 Wed – 22:00 Thu
 COMMODITIES  
Gold 23:01 Wed – 21:59 Thu
Silver 23:00 Wed – 22:00 Thu
Platinum 23:00 Wed – 22:00 Thu
Palladium 23:00 Wed – 22:00 Thu
US Crude 23:00 Wed – 22:00 Thu
Natural Gas 23:00 Wed – 22:00 Thu
 INDICES  
Australia 200* 08:10 – 22:00
 Europe 50 23:00 Wed – 22:00 Thu
France 40 23:00 Wed – 22:00 Thu
Germany 30 07:00 – 21:00
Spain 35 07:00 – 19:00
Japan 225 23:00 Wed – 22:00 Thu
 UK 100 23:00 Wed – 22:00 Thu
 US SPX 500 23:00 Wed – 22:00 Thu
 US Tech 100 23:00 Wed – 22:00 Thu
Wall Street 30 23:00 Wed – 22:00 Thu
*Amended Darwinex trading hours.

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

Change in bank account details for GBP deposits

6 April 2018

Over the next few days the segregated accounts for our GBP clients will be transferred over to a new FCA regulated banking entity. Your deposits remain protected under the Financial Services Compensation Scheme (FSCS). The change will be 100% automatic and will not require any action on your part. Nevertheless, due to the fact that […]

Over the next few days the segregated accounts for our GBP clients will be transferred over to a new FCA regulated banking entity. Your deposits remain protected under the Financial Services Compensation Scheme (FSCS). The change will be 100% automatic and will not require any action on your part.

Nevertheless, due to the fact that the bank account details used up until now for GBP deposits have been changed, if you wish to make a deposit via bank transfer, make sure to initiate the deposit from your Wallet in order to receive the new bank account details per email. This should be the way you always initiate a deposit as opposed to copying a previous deposit’s data.

We remain at your disposal at info@darwinex.com

And the DarwinIA winners are… (March 2018)

2 April 2018

The March 2018 edition of our DarwinIA trading challenge came to its end. Below you can find the 48 winners of our € 4,000,000.00 notional allocations for a 6 month period and the 7 traders who won € 1,000 in Darwinian Dividends. Congratulations to the winners! Place DARWIN Notional allocation Darwinian Dividends 1st VQB € 300,000.00 € 1,000.00 […]

The March 2018 edition of our DarwinIA trading challenge came to its end. Below you can find the 48 winners of our € 4,000,000.00 notional allocations for a 6 month period and the 7 traders who won € 1,000 in Darwinian Dividends. Congratulations to the winners!

Place DARWIN Notional allocation Darwinian Dividends
1st VQB € 300,000.00 € 1,000.00
2nd EEE € 250,000.00 € 1,000.00
3rd GUA € 210,000.00 € 1,000.00
4th SYO € 170,000.00 € 1,000.00
5th NCN € 150,000.00 € 1,000.00
6th BAD € 140,000.00 € 1,000.00
7th EWL € 130,000.00 € 1,000.00
8th LVS € 120,000.00 /
9th LZB € 110,000.00 /
10th CBY € 110,000.00 /
11th JHJ € 110,000.00 /
12th CLA € 100,000.00 /
13th FEG € 100,000.00 /
14th VTS € 100,000.00 /
15th VFL € 90,000.00 /
16th SDP € 90,000.00 /
17th OVL € 90,000.00 /
18th RIH € 80,000.00 /
19th STV € 80,000.00 /
20th CJN € 80,000.00 /
21st JMP € 70,000.00 /
22nd AGD € 70,000.00 /
23rd LDD € 70,000.00 /
24th CSP € 70,000.00 /
25th NAF € 60,000.00 /
26th LDZ € 60,000.00 /
27th XYF € 60,000.00 /
28th SCN € 60,000.00 /
29th PFI € 60,000.00 /
30th BGR € 60,000.00 /
31st OSM € 50,000.00 /
32nd ZLA € 50,000.00 /
33rd VRT € 50,000.00 /
34th AAN € 50,000.00 /
35th XSN € 50,000.00 /
36th ZZL € 50,000.00 /
37th ZTY € 50,000.00 /
38th SIX € 40,000.00 /
39th HTS € 40,000.00 /
40th ONE € 40,000.00 /
41st XYP € 40,000.00 /
42nd HFE € 40,000.00 /
43rd AOF € 40,000.00 /
44th MER € 40,000.00 /
45th NSC € 30,000.00 /
46th VOZ € 30,000.00 /
47th FYW € 30,000.00 /
48th QKL € 30,000.00 /

Change in bank provider

26 March 2018

Over the next few days the segregated accounts for our EUR and USD clients will be transferred over to a new banking entity. The change will be 100% automatic and will not require any action on our users part. Nevertheless, due to the fact that the bank details used up until now for EUR and […]

Over the next few days the segregated accounts for our EUR and USD clients will be transferred over to a new banking entity.

The change will be 100% automatic and will not require any action on our users part.

Nevertheless, due to the fact that the bank details used up until now for EUR and USD have been changed, any client who wishes to make a deposit via bank transfer will have to enter the new bank details.  

To access these new details, it is necessary to generate a new order to deposit via bank transfer from your Wallet.

We remain at your disposal at info@darwinex.com

Kind regards,

The Darwinex Team

Bank transfers won’t get processed on Friday 30th March and Monday 2nd April

23 March 2018

Easter is just around the corner which means a bit of vacation, reflection and celebration that we hope you enjoy with your nearest and dearest. Please note that Friday 30th March and Monday 2nd April are UK Bank Holidays. Bank transfers to / from your Darwinex Wallet won’t get processed on those days. Should you […]

Easter is just around the corner which means a bit of vacation, reflection and celebration that we hope you enjoy with your nearest and dearest.

Please note that Friday 30th March and Monday 2nd April are UK Bank Holidays. Bank transfers to / from your Darwinex Wallet won’t get processed on those days.

Should you want to deposit or withdraw through a bank transfer next week, you might want to make arrangements to initiate the transfer process earlier.

Do not hesitate to contact us at info@darwinex.com in case you need any assistance.

Happy Easter!

 

Darwinex Trading Schedule Easter 2018

Trading Schedule for the 2018 Easter Holiday Period

Please note the amended Darwinex Trading Schedule for the 2018 Easter Holiday Period. Times are displayed in UK time and changes to regular schedules are highlighted in red.   Instrument Thursday 29th March  Friday 30th March  Monday 2nd April FX 22:01:01 Wed – 21:59:59 Thu 22:01:01 Thu – 21:55:00 Fri 22:05 Sun – 21:59:59 Mon Commodities* 23:00 […]

Please note the amended Darwinex Trading Schedule for the 2018 Easter Holiday Period.

Times are displayed in UK time and changes to regular schedules are highlighted in red.

 

Instrument

Thursday 29th March  Friday 30th March  Monday 2nd April
FX 22:01:01 Wed – 21:59:59 Thu 22:01:01 Thu – 21:55:00 Fri 22:05 Sun – 21:59:59 Mon
Commodities* 23:00 Wed – 22:00 Thu CLOSED  23:00 Sun – 22:00 Mon 
DARWINs 22:05 Wed – 21:59 Thu CLOSED 22:05 Sun – 21:59 Mon
Indices      
Europe50 23:00 Wed – 22:00 Thu  CLOSED  CLOSED
GDAXI 07:00:00 – 21:00:00  CLOSED   CLOSED
SPX500 23:00 Wed – 22:00 Thu  CLOSED  23:00 Sun – 22:00 Mon
WS30 23:00 Wed – 22:00 Thu  CLOSED  23:00 Sun – 22:00 Mon
NDX 23:00 Wed – 22:00 Thu  CLOSED   23:00 Sun – 22:00 Mon
J225  23:00 Wed – 22:00 Thu CLOSED  23:00 Sun – 22:00 Mon
AUS200 23:00 Wed – 14:00 Thu CLOSED  CLOSED 
FCHI40  23:00 Wed – 22:00 Thu  CLOSED  CLOSED
UK100 23:00 Wed – 22:00 Thu  CLOSED   CLOSED 
SPA35 07:00 – 19:00  CLOSED   CLOSED 

 

*Please, be reminded that the instrument XAUUSD closes a minute earlier, and opens a minute later, than the rest of Commodities in Darwinex as shown in the table of Darwinex assets and spreads.

March 30th

In spite of the DARWIN Exchange being closed on Friday, 30th of March, the quote in the majority of DARWINs will keep moving throughout the whole market day due to the fact the the Forex market will remain open as seen in the table above.

March 29th and April 2nd

On the other hand, on March 29th -Thursday, and April 2nd -Monday-, the DARWIN Exchange will remain open even if the underlying assets’ market is closed, like AUS200 on March 29th or UK100 on April 2nd.

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 Knowledge Base article: Can I buy and sell DARWINs whenever I want?

Do not hesitate to contact us at info@darwinex.com for support.

Happy Easter!