Sunday, August 30, 2009

Trading Hours


  • 24 hour market
  • Sunday 5pm EST through Friday 4pm EST. Rollover at 5pm EST
Trading begins in New Zealand, followed by Australia, Asia, the Middle East, Europe, and America

  • Size
  • Largest market in the world
  • $1.9 trillion average daily turnover, equivalent to:
    • More than 10 times the average daily turnover of global equity markets 1
    • 40 times the average daily turnover of the NYSE 2
    • $300 a day for every man, woman, and child on earth
    • An annual turnover more than 10 times world GDP 3

  • The spot market accounts for about one-third of daily turnover
1. About $167 billion - World Federation of Exchanges aggregate 2004
2. About $46 billion - NYSE 2004
3. About $36 trillion - World Bank 2003

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