TFEX

12 Jan 2024 14:17

TFEX News :TFEX extends trading hours for Currency Futures and Precious Metal Futures, effective from January 15

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TFEX News 1/2024 January 12, 2024 TFEX extends trading hours for Currency Futures and Precious Metal Futures, effective from January 15 BANGKOK, January 12, 2023 - Thailand Futures Exchange PCL (TFEX) will extend trading hours of night session for all currency products until 3.00 a.m., and eliminate the intermission during day session for all precious metal products, starting from January 15, 2024. This aims to enhance investor flexibility and to better align with global market movement. TFEX Managing Director Rinjai Chakornpipat said that the new trading hours in night session for Currency Futures, consisting of USD Futures, EUR/USD Futures, and USD/JPY Futures, will start from 18:50 until 3:00 hrs. of the next day. In addition, the trading hours for the Precious Metal Futures, consisting of Gold Online Futures, Gold Futures, Gold-D, and Silver Online Futures, during the day session will also be extended to enable investors uninterrupted trading with no intermission, starting from 9.45 - 16.55 hrs. The extended trading hours will allow investors to better react to the situation and movement of currency and gold prices in the global market in a timely manner. The new trading hours will be effective on January 15, 2024 as follows: Currency Futures: USD Futures, EUR/USD Futures, USD/JPY Futures, Pre-open 9:15 - 9:45 hrs. Morning Session 9:45 - 12:30 hrs. Pre-Open 13:45 - 14:15 hrs. Afternoon Session 14:15 - 16:55 hrs. Pre-Open 18:45 - 18:50 hrs. Night Session 18:50 - 3:00 hrs. (the next day) Precious Metal Futures: Gold Online Futures, Gold Futures, Gold-D, Silver Online Futures Pre-open 9:15 - 9:45 hrs. Morning Session 9:45 - 16:55 hrs. (no intermission) Pre-Open 18:45 - 18:50 hrs. Night Session 18:50 - 3:00 hrs. (the next day) The daily average trading volume of Currency Futures and Precious Metal Futures were at 47,044 contracts and 45,878 contracts respectively. Both were the active products, accounting for the same at 9 percent of total trading volume. In terms of growth, Currency Futures rose 11 percent year-on-year due to high volatility and the products' higher popularity. For more information, please visit www.TFEX.co.th or call + 66 (0) 2009 9999. ______________________________________________________________________