Any comments with regards to volume, spreads, correlation etc.?
Thanks in advance !
Thanks in advance !
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Anybody trading ASX SPI 200 ?
- Thread starter ASusilovic
- Start date
I trade this market every day, volumes are good for the day session and it moves well, current range is about 75 points or A$1875.
Watch out for Australian statistics which are usually announced 11-30am Sydney time also the RBA announces interest rate decisions on the first Tuesday each month at 2-30pm, at these times volatility goes pretty high.
Avoid the night session as its not very liquid and spreads can be huge, the day session the spread is most always only 1 point (A$25 per point).
Overall its a very good market to trade, well the day session is anyway, opens 9-50am or 10 mins before the cash, closes 4-30pm or 30 mins after the cash has closed, night session runs from 5-10pm until 8am the following morning.
Watch out for Australian statistics which are usually announced 11-30am Sydney time also the RBA announces interest rate decisions on the first Tuesday each month at 2-30pm, at these times volatility goes pretty high.
Avoid the night session as its not very liquid and spreads can be huge, the day session the spread is most always only 1 point (A$25 per point).
Overall its a very good market to trade, well the day session is anyway, opens 9-50am or 10 mins before the cash, closes 4-30pm or 30 mins after the cash has closed, night session runs from 5-10pm until 8am the following morning.
Quote from dozu888:
aussie is not bad, although the spread can stay at 2 points quite often.
Taiwan is the easiest to read, it's like shooting fish in a barrel.
the best one is korea, very technical, superb liquidity.
Hongkong is good if you are a thrill seeker.
Between all Asian markets, KOPSI is the best to day trade.
I use the www.totaltrader.com.au platform for most of my trading. I have used the IB platform before, but found their support hopeless.
Unfortunatly very few online platforms seem to cover the kospi.
Unfortunatly very few online platforms seem to cover the kospi.
Quote from Xtreme:
I use the www.totaltrader.com.au platform for most of my trading. I have used the IB platform before, but found their support hopeless.
Unfortunatly very few online platforms seem to cover the kospi.
What do you know about them ?
The web site does not inspire confidence:
- can't find commish schedule
- can't find any mailing address
- can't find list of products or exchanges
- can't find any evidence of financial stability
- can't find margin requirements
etc etc
DNS record suggests they are owned by:
http://www.xh.com.au/
and the DNS registrant (MXWay Online) is a parked domain.