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.
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.
Changes for Future Trades
Blueberry Funded aims to create a more transparent, efficient trading environment by introducing a new symbol structure. Recently, Blueberry Funded named Marcus Fetherston as 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.
Blueberry Markets, the forex and contract for difference broker backing Blueberry Funded, previously offered services to proprietary trading companies. However, the trading firm announced the launch of the independent prop firm in July.
Blueberry Markets is based in Australia and is reportedly regulated by ASIC. The broker also holds licenses in Vanuatu and in St. Vincent and the Grenadines. Its services encompass margin forex and CFDs for shares, indices, crypto, and commodities.
