This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

ASX may extend trading hours

Trembling Hand

Can be found on the bid
Joined
10 June 2007
Posts
8,852
Reactions
205
What the hell do they think is going to happen in an extra 2 hours that doesn't happen now? The only ones that I see gaining from this are the Arb bots. Why would you make the worlds most boring market even longer? Making it one of the longest trading days in any equity market!

 
Hopefully they would delay the opening by 2 hours as well. Would be very handy for those mornings where I drank too much the night before.
 

I hope they don't do it. In fact I wouldn't mind a lunch break. Opening/closing auctions are great opportunities for entry/exit in equities so a few more of those wouldn't go astray.
 
Don't think brokers will be too happy.

A few of my friends working in equities also trade the US markets in the morning and are up before 5am.

They finish work at 4pm.. after trading Aus markets. Wonder what will happen now..
 
Cookies are required to use this site. You must accept them to continue using the site. Learn more...