If this happens, the investment/sale will not be carried out immediately.  The system will buy/sell those assets whose assets are open, waiting for the opening of the other market to complete the investment/sale. In the case of sale, the funds will be available, and the investment will show as historico, once 100% of the assets open in the DARWIN have been sold.

Opening/closing times for indices* and commodities: 18:00-16:59 (NY time)

*Please bear in mind that the German DAX (GDAXI at Darwinex) as well as the Spanish IBEX25 (SPA35 at Darwinex) have a different opening times to the rest of the indices:

  • German DAX (GDAXI) opening times: Monday to Friday 07:00 - 21:00 (London time).
  • IBEX35 (SPA35) opening times: Monday to Friday 07:00 - 19:00 (London time).

IMPORTANT: bear in mind that some assets’ opening times can be subject to change/restrictions due to national holidays.

Example of buying a DARWIN

Imagine you buy a DARWIN at 17:15 (NY time) that has underlying assets on the EURUSD and the SPX500 (S&P500).

Asset opening times

  • EURUD => 17:05
  • Opening time SPX500 => 18:00

By having different times, this would be the sequence of your investment:

17:15 => the DARWIN is open and its quote price is moving

17:15 => you decide to buy the DARWIN.  Darwinex buys the underlying asset whose market is open, in other words the EURUSD.  From that moment on you are exposed to the EURUSD although you cannot see the trade reflected on your DARWINs Terminal.

18:00 => at this time the SPX500 market opens and Darwinex sends an order to the market to buy this asset and fully complete the investment in the DARWIN.  From this moment on you will be able to see the trade in your DARWINs Terminal.

For 45 minutes, from 17:15 to 18:00, you have invested in a DARWIN whose quote price has been moving in term of the EURUSD-  However the opening price reflected in the DARWINs Terminal will be that at 18:00 therefore it is highly likely that the quote price has varied somewhat between 17:15 and 18:00, either in your favour or against you.

Example of selling a DARWIN

Imagine you sell a DARWIN at 17:15 (NY time) that has underlying assets on the EURUSD and the SPX500 (S&P500).

Asset opening times

  • EURUD => 17:05
  • Opening time SPX500 => 18:00

By having different times, this would be the sequence of your sale:

17:15 => the DARWIN is open and its quote price is moving

17:15 => you decide to sell the DARWIN

Darwinex sells the underlying asset whose market is open, in other words the EURUSD.  From this moment on, as well as not being exposed to the EURUSD, the investment in your portfolio disappears, but the amount will not be reflected in ‘’Available’’ until the sale has been fully completed.  The closed P&L will temporally show as 0.

18:00 => at this time the SPX500 market opens and Darwinex send an order to the market to sell said asset and fully complete the sale of the DARWIN.  From this moment on you will be able to see the increase in your available capital, as well as the details of the trade in the ‘’History’’ tab.

Did this answer your question?