When does the Australian Securities Exchange open and close? (2024)

FAQs

When does the Australian Securities Exchange open and close? ›

The market is open 10am to 4pm (Sydney time) on ASX business days. This is called “normal trading”, when most trades take place. You can view the full list of ASX market phases here on the ASX website.

The Australia Stock Exchange is open Monday through Friday from 10:00 am to 4:00 pm Australian Eastern Standard Time (GMT+10:00). The Australia Stock Exchange does not close for lunch. The Australia Stock Exchange is open for a total of 6 hours per day. The Australia Stock Exchange does have extended hours trading.

Typically, the ASX is closed for most nationally recognised holidays, including New Year's Day, Australia Day, Good Friday, Easter Monday, Anzac Day, Christmas Day and Boxing Day.

The Australian Securities Exchange (ASX) is open continuously between 10am (Sydney) and 4:10pm/4:12pm (Sydney) time, but there are some inconsistencies. For example, the open is staggered over 9 minutes, and the close is a randomly generated time between 4:10pm and 4:12pm (Sydney).

ASX stands for Australian Securities Exchange. It was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006 and is one of the world's top-10 listed exchange groups measured by market capitalisation.

What are the regulated trading hours for the Australian foreign exchange market? There are no set daily trading hours for the foreign exchange market, which can operate 24 hours a day. Normal trading commences from 5.00 am (Sydney time) on Monday and closes at 5.00 pm (New York time) on Friday.

ASX-quoted products are traded electronically and can only be bought and sold through an ASX participant broker. If you are new to investing, you may value advice from a full service broker or adviser.

The U.S. market is open at 9:30am and closes at 4:00pm U.S. Eastern time Monday-Friday with the exception of public holidays. This is 11:30pm to 6:00am in Australian Eastern Standard Time (AEST). Please note that daylight savings time will impact these hours.

At or near 10am, the ASX will gather all the information and trades from the Pre-open market window, ie: trade orders that were placed between 7am and 10am. The ASX then uses an algorithm to ascertain the volume of buy orders versus sell orders, and the corresponding prices they're set at.

Yes, day trading is legal in Australia. Although it is still important to make sure you are trading with a trusted and regulated provider.

What is the best time of day to exchange AUD to USD? ›

Theoretically you can trade forex pairs 24/7, but there are prime times to trade the AUD/USD when the currency pair is more volatile. The Aussie dollar to US dollar trading hours are generally busy between between 19:00 and 04:30 (GMT).

The AUD/USD pair is the most traded pairing during the Sydney trading session. Day traders love it because of its high volatility, performance, and stability.

When is the most active time to trade the AUDUSD? The AUDUSD trading hours are typically more active between 19:00 and 04:30 (GMT).

In 2006 the Australian Stock Exchange merged with the Sydney Futures Exchange to become the Australian Securities Exchange. Its official name is ASX Limited. Since its creation, the best and most popular way of referring to the company is by its enduring three-letter code - ASX.

The Cboe vs the ASX

The Cboe offers access to exactly the same stocks as the ASX – it just offers a different place to buy and sell them. If your broker allowed it, you could even buy a share on the Cboe and sell it on the ASX. Roughly 20% of Australian shares volume occurs on the Cboe, compared to 80% on the ASX.

The Australian stock market is made up of three stock exchanges, namely: the Australian Securities Exchange Group (ASX), the National Stock Exchange of Australia (NSX), and the Asia-Pacific Stock Exchange (APX). These stock exchanges were born out of a string of stock exchanges that merged over time.

Normal Trading takes place from 10:00 am to 4:00 pm, Sydney time.

The regular schedule for the New York Stock Exchange and Nasdaq is Monday through Friday from 9:30 a.m. to 4 p.m. Eastern time with weekends off.

It usually takes place between 8 a.m. and 9:30 a.m. ET on weekdays, however, a number of discount brokers facilitate access to NYSE and NASDAQ pre-market trading as early as 4 a.m. ET.

The trading time in India runs from 9.15 am to 3.30 pm.