Darwinex to supply new Micro Indices

Ranging from July 17, 2023, Darwinex can be providing micro sizes for the Nikkei 225, S&P 500, and Dow Jones 30.

Whereas the Dow Jones 30 can nonetheless be traded underneath the identical image (WS30), two new symbols, NI225 and SP500, can be launched for the Nikkei 225 and the Customary & Poor’s 500, respectively, changing the outdated symbols J225 and SPX500.

These new symbols will preserve the identical notional worth as their predecessors however will permit buying and selling at one-tenth (1/10) of the present minimal order dimension (beforehand 0.1 contracts in S&P 500 and 1 contract in Nikkei 225).

The next desk exhibits the main points:

For purchasers utilizing Professional Advisors (EAs), Darwinex recommends reviewing the image parameters earlier than migrating to the brand new symbols (Contract dimension, Digits, Tick Dimension, and so on). The brand new symbols will change into obtainable on July seventeenth, 2023, and to facilitate the transition, they are going to coexist with the outdated symbols for 2 weeks till July thirty first, 2023.

After these two weeks, no new positions will be opened within the outdated symbols, and solely the closure of current positions (shut solely) can be allowed for the next 4 weeks, till August twenty eighth, 2023. After this transition interval, the outdated symbols (SPX500 and J225) will now not be obtainable, and all current positions can be closed.