News Detail

Date/Time 17 Feb 2020 14:14
Subject TFEX News :TFEX to extend trading hours for gold products till 3.00 a.m. starting Feb 24
Product SET
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          TFEX News 2/2020
                                                                                
            February 17, 2020

TFEX to extend trading hours for gold products till 3.00 a.m. starting Feb 24

BANGKOK, February 17, 2020 - Thailand Futures Exchange (TFEX) will extend 
trading hours of the night session for all gold products until 3.00 a.m. to
better align with global gold markets for investors' benefits, starting from Feb
 24, 2020.

TFEX Managing Director Rinjai Chakornpipat said the new trading hours in night 
session for Gold Futures, Gold Online Futures and Gold-D will start from 6.50
p.m. until 3.00 a.m. of the next day, to align with the global gold markets'
activities which will better facilitate trading and hedging strategies in TFEX
gold products.  The extended service will start on the night of February 24,
2020.

In 2019, TFEX's trading volume of TFEX gold-related products accounted for 7 
percent, rising from 4 percent in the previous year. In January 2020, TFEX gold
products' trading volume averaged 38,774 contracts a day, a whopping 192 percent
rise from the same period a year earlier, due to the impact of global economic
situation, the increase in volatility of gold prices and the popularity of Gold
Online Futures.

For more information, please visit www.TFEX.co.th .
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Disclaimer
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