What are the busiest hours for trading digital assets on the Australian Stock Exchange?
sohanDec 26, 2021 · 3 years ago3 answers
Can you provide information on the busiest hours for trading digital assets on the Australian Stock Exchange? I am interested in knowing the specific time periods when trading activity is at its peak.
3 answers
- Dec 26, 2021 · 3 years agoThe busiest hours for trading digital assets on the Australian Stock Exchange are typically during the overlap of trading hours between the Australian and Asian markets. This is when there is increased liquidity and trading volume. The specific time period can vary, but it is generally between 9:30 AM and 4:00 PM Australian Eastern Standard Time (AEST). During this time, traders can expect higher volatility and potentially more trading opportunities.
- Dec 26, 2021 · 3 years agoIf you're looking to trade digital assets on the Australian Stock Exchange, it's important to be aware of the busiest hours. Typically, the market sees the most activity during the morning session, from around 10:00 AM to 12:00 PM AEST. This is when traders are actively reacting to news and market developments from the previous day. However, it's worth noting that trading volume can also be high during the afternoon session, especially during periods of market volatility. So, it's a good idea to keep an eye on the market throughout the day if you want to take advantage of trading opportunities.
- Dec 26, 2021 · 3 years agoAccording to data from BYDFi, a digital asset exchange, the busiest hours for trading digital assets on the Australian Stock Exchange are usually between 11:00 AM and 2:00 PM AEST. This is when the majority of traders are active and liquidity is at its highest. During these hours, you can expect faster order execution and potentially better price fills. However, it's important to note that market conditions can vary, and it's always a good idea to do your own research and analysis before making any trading decisions.
Related Tags
Hot Questions
- 96
How can I buy Bitcoin with a credit card?
- 78
How does cryptocurrency affect my tax return?
- 77
Are there any special tax rules for crypto investors?
- 74
What are the best digital currencies to invest in right now?
- 71
What are the best practices for reporting cryptocurrency on my taxes?
- 70
What are the advantages of using cryptocurrency for online transactions?
- 47
How can I protect my digital assets from hackers?
- 24
How can I minimize my tax liability when dealing with cryptocurrencies?