Event date & time:
31.10.2020 at 00:00
The Australian Securities Exchange (ASX) is one of the world’s leading financial market exchanges, operating markets for a large range of asset classes that include stocks/equities, fixed income instruments and commodities.
Viewed as a global exchange leader, the ASX ranks among the top five exchanges worldwide with a total market capitalisation of around $2 trillion.
Day Trading on the ASX
Day trading australia is the practice of making profits through the daily buying and selling of forex, commodities, derivatives, CFDs, and shares. Positions are closed at the end of the day with the intention of starting fresh the following morning when the markets open.
The practice of day trading is a skill that takes time, focus and dedication to education, along with a specific mindset. The process involves taking advantage of small micro-movements in the market through fast decisions that require a large number of trades.
The ASX offers many products for trade, including shares, indices, bonds, hybrid securities, ETFs, ETPs, managed funds, warrants, options, index derivatives, interest rate derivatives, grains derivatives, energy derivatives, and market-making arrangements. While some of these are longer-term investments, many appeal to day traders seeking to make profits on daily market volatility.