Beginning July 17, 2023, Darwinex plans to introduce smaller trading options for the Nikkei 225, S&P 500, and Dow Jones 30.
The Dow Jones 30 can still be traded with the symbol WS30. However, the Nikkei 225 and the Standard & Poor’s 500 will now have new symbols, NI225 and SP500, respectively. The old symbols J225 and SPX500 will be replaced.
The new symbols will have the same value as before but will allow trading at a smaller order size. The minimum order size for the S&P 500 will be one-tenth of what it was before, and for the Nikkei 225, it will be one-tenth of a contract, as opposed to one contract.
Name | Former symbol | New symbol | Min. order size | Contract size |
Nikkei 225 | J225 | NI225 | 0.1 | 100 x indice |
Standard & poors 500 | SPX500 | SP500 | 0.01 | 10 x indice |
Dow Jones 300 | WS30 | WS30 | 0.01 | 1 x indice |
For clients who use Expert Advisors (EAs), Darwinex suggests checking the specific details of the symbols before switching to the new symbols. These details include things like contract size, the number of decimal places, and the minimum price increment. The new symbols will be introduced on July 17th, 2023, and to make the transition easier, both the old symbols and the new symbols will be available for two weeks until July 31st, 2023.
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