Proprietary trading platform Blueberry Funded introduced new updates to its forex and
metals trading symbols on the DX Trade platform, aimed at enhancing user efficiency. The updates will now replace the current symbols ending with a “/”
suffix with a new standard: symbols featuring a “.i” suffix.
New Symbol Structure
According to the company’s statement, Blueberry Funded
seeks to modernize traders’ interactions with the DX Trade platform. As part of
these ongoing improvements, Blueberry is implementing changes to how symbols
are presented for forex and metals trades.
The first significant change involves the current
symbols ending in “/.” These symbols, which have been used for some time, will
reportedly transition into a “close only” status.
This means that while traders with open positions tied
to these symbols will still be able to close their trades, no new trades can be
initiated under these symbols. They will eventually become invisible on the
platform after November 12, 2024.
Changes for Future Trades
To replace the retiring symbols, Blueberry Funded is
introducing a new format: symbols ending with the “.i” suffix. These new
symbols will become the default for all Forex and Metals trading going forward. The older “/” suffix symbols will no longer be
available for new transactions, making the transition to the new system
essential.
Blueberry Funded aims to create a more transparent,
efficient trading environment by introducing a new symbol structure. Recently, Blueberry Funded named Marcus Fetherston its
new General Manager. Before joining Blueberry Funded, Fetherston held several
positions in the financial sector.
Notably, he was the Director and Chief Product Officer
at PropTradeTech, a position he held until this year. The firm, which is based
in Melbourne, Australia, focuses on trading technology.
Proprietary trading platform Blueberry Funded introduced new updates to its forex and
metals trading symbols on the DX Trade platform, aimed at enhancing user efficiency. The updates will now replace the current symbols ending with a “/”
suffix with a new standard: symbols featuring a “.i” suffix.
New Symbol Structure
According to the company’s statement, Blueberry Funded
seeks to modernize traders’ interactions with the DX Trade platform. As part of
these ongoing improvements, Blueberry is implementing changes to how symbols
are presented for forex and metals trades.
The first significant change involves the current
symbols ending in “/.” These symbols, which have been used for some time, will
reportedly transition into a “close only” status.
This means that while traders with open positions tied
to these symbols will still be able to close their trades, no new trades can be
initiated under these symbols. They will eventually become invisible on the
platform after November 12, 2024.
Changes for Future Trades
To replace the retiring symbols, Blueberry Funded is
introducing a new format: symbols ending with the “.i” suffix. These new
symbols will become the default for all Forex and Metals trading going forward. The older “/” suffix symbols will no longer be
available for new transactions, making the transition to the new system
essential.
Blueberry Funded aims to create a more transparent,
efficient trading environment by introducing a new symbol structure. Recently, Blueberry Funded named Marcus Fetherston its
new General Manager. Before joining Blueberry Funded, Fetherston held several
positions in the financial sector.
Notably, he was the Director and Chief Product Officer
at PropTradeTech, a position he held until this year. The firm, which is based
in Melbourne, Australia, focuses on trading technology.
This post is originally published on FINANCEMAGNATES.
