*/

Technical changes to CFD Contracts (Indices and Oil)

Dear clients of Purple Trading, we would like to draw your attention to this, that on the weekend 2.6. - 3.6.2018 will make some technical adjustments on some CFD. These changes can most affect the proper functioning of EA systems, so we recommend that you check their settings.
 

The new changes:

Indices

  • On all indices it will be possible to trade with the minimum volume and volume step 0.1 lot (the current state of the commodities will be maintained).

  • In the DOW index, the quote will be changed to one decimal place, thereby reducing the tick size from 1 to 0.1 and the tick value from 5 to 0.5. This mean, if the traders at the price range XX now realize a profit / loss YY, then with the same volume of trade and at the same price range XX, will be realized again the same profit / loss YY even after introduce this new changes.
     

Oil (CL)

  • For this instrument, will be decrease the contract size from 1000 to 100 in the symbol specification and the number of decimal places of quote will be changed from the current 3 to 2. For maintain existing margin requirements, here will be also change a value of percentage from 5 to 50. Based on these changes, traders will still to realize the same profit / loss for the same price range as it is for the above-mentioned indices (the nominal value for 1lot is therefore not changed here).

New trading hours of CFD indices (MT4 time)

Symbol Open Close Open Close
ASX 02:50:00 09:30:00 10:10:00 00:00:00
DAX

1:02 (1:05 sunday)

23:15:00

23:30:00

00:00:00 (23:00 friday)

CAC 9:00:00 23:00:00    
STOXX50 9:00:00 23:00:00    
NIKKEI 01:00:00 00:00:00    
FTSE

1:02 (1:05 sunday)

23:15:00

23:30:00

00:00:00 (23:00 friday)

NSDQ 01:00:00 23:15:00 23:30:00 00:00:00
DOW 01:00:00 23:15:00 23:30:00 00:00:00
SP 01:00:00 23:15:00 23:30:00 00:00:00
CL 01:00:00 23:15:00    

Your capital is at risk.
Cookie Policy: The Purple Trading website uses cookies and by continuing using the website you consent to this. Risk Warning: Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Please read the full Risk Warnings and Disclosures.