Market hours, sessions and auctions

When markets are open, how the ASX opens and closes with auctions, what time it is in New York, how 24-hour markets define a day, and what happens to your orders when trading stops.

Module 4 of 26, in the stage "How markets work". 6 lessons.

Lessons

1. The ASX day, from pre-open to the closing auctionName each phase of the ASX trading day and what your order does in each. 16 min.
2. Auctions: one price for everyoneExplain how an auction sets a single price and why the indicative price moves during pre-open. 14 min.
3. What time is it in New York? US hours in Australian timeConvert US market hours and US announcements into Australian time across both daylight-saving changes. 14 min.
4. 24-hour markets: where does the day end in forex and crypto?See why daily candles in a 24-hour market depend on the chosen close time and venue, and when those markets are busiest. 14 min.
5. Halts, suspensions and circuit breakersKnow what happens to your position, and your stop, when trading stops. 16 min.
6. The shape of a trading day, plus rebalance and expiry daysExpect volume and spreads to change through the day and on scheduled event days, and time orders around that. 14 min.

Concepts covered

• Volume
• Bid-ask spread

Keep going

• Previous module: Trends, order fills and a famous day-trading setup
• Next module: The economic calendar
• All 26 modules and 157 lessons
• Open the first lesson in the course

General information only. It doesn't consider your objectives, finances or needs. Tickfloor holds no financial services licence and never places trades.