What is ASX?
The Australian Securities Exchange (ASX) is the primary securities exchange in Australia, and it is one of the leading exchanges in the Asia-Pacific region. ASX is a publicly listed company, and it operates under the supervision of the Australian Securities and Investments Commission (ASIC).
When Are ASX Trading Hours?
ASX trading hours vary depending on the market. In general, the ASX is open from 10:00 a.m. to 4:00 p.m. (Sydney time) from Monday to Friday, excluding national public holidays. However, different markets have different trading hours, and the ASX may adjust its trading hours on certain occasions.
Normal Trading Hours
The main trading session on the ASX is from 10:00 a.m. to 4:00 p.m. (Sydney time) from Monday to Friday, excluding public holidays. During this time, investors can trade in a wide range of securities, including shares, exchange-traded funds (ETFs), and other financial instruments.
The ASX also has pre-market and post-market trading sessions. Pre-market trading opens at 7:00 a.m. and closes at 10:00 a.m., while post-market trading opens at 4:10 p.m. and closes at 5:00 p.m.
ASX Trade24 is the exchange’s electronic trading platform, which allows investors to trade in futures and options contracts. The platform operates from 6:50 a.m. to 6:00 a.m. (Sydney time) from Monday to Friday, excluding national public holidays.
ASX Centre Point
ASX Centre Point is a dark pool trading platform that allows investors to trade large blocks of shares anonymously. The platform operates from 8:00 a.m. to 4:12 p.m. (Sydney time) from Monday to Friday, excluding national public holidays.
Why Do ASX Trading Hours Matter?
ASX trading hours matter because they determine when investors can buy and sell securities on the exchange. The trading hours also affect market liquidity and volatility, which can impact the prices of securities.
For example, if the ASX is closed or has limited trading hours, investors may not be able to react to important news or events that affect the securities they hold. This can create price gaps and increase the risk of losses.
How Do ASX Trading Hours Compare to Other Exchanges?
The trading hours of the ASX are similar to those of other major exchanges in the Asia-Pacific region, such as the Tokyo Stock Exchange (TSE) and the Hong Kong Stock Exchange (HKEX). However, they are different from those of exchanges in Europe and North America.
For example, the New York Stock Exchange (NYSE) is open from 9:30 a.m. to 4:00 p.m. (Eastern Time) from Monday to Friday, while the London Stock Exchange (LSE) is open from 8:00 a.m. to 4:30 p.m. (Greenwich Mean Time) from Monday to Friday.
ASX trading hours are an important aspect of investing in the Australian securities market. Understanding the trading hours of the ASX can help investors make informed decisions and manage risk effectively. As with any investment, it is important to do your own research and seek professional advice before making any investment decisions.