Trading hours of trading
You may not know it, but trading on the stock exchange gives you the opportunity to trade online 24 hours a day, thanks to the overlapping opening hours of the various international stock markets.
In fact, there are eight major global financial centers whose trading hours are listed in three major sessions: the Asian session, the European session and the North American session. But of course, we must also consider the summer and winter times that are not the same according to the time zone. Here are some detailed explanations of trading times on the stock market.
The Asian session:
At the beginning of the week, the Asian session is the first to open. This session includes stock exchanges in Japan, China, Australia, New Zealand, Russia and other smaller centers. Asian assets and currency pairs with currencies from these countries are therefore the most volatile during these times. The same goes for economic publications.
The trading hours of the Asian session are as follows:
The European session:
The European session is of course the most interesting for French traders. It is the second to open after the Asian session and also includes several major stock exchanges including France, Germany, Switzerland or the United Kingdom. It should be noted here that London’s financial center is the largest in the world and more than 30% of financial transactions are carried out each day. Exchange volumes are therefore very important during the European session and therefore lead to highly volatile and interesting trading movements. Of course, European stocks are the most volatile during this period as well as Forex currency crosses including the Euro.
The trading hours of the European session are as follows:
The North American session:
Finally comes the North American session, which is the last to open and close its markets. Of course, this session is also one of the most followed by traders around the world because it is during this period that US assets are traded. This session includes the financial centers of the United States, but also of Canada, Mexico and countries of South America. It is on the New York stock market that volatility is highest during this time of the day, especially for particular assets such as commodities and all other securities quoted in dollars.
The trading hours of the North American session:
Overnight financing fee
Our daily overnight financing rate is currently 0.0128% for bitcoin (4.5% per annum) and 0.0392% for other cryptocurrencies (14.3% pa). Long-term customers will now pay overnight financing fees while customers with a short position will receive these fees. In addition, a Bearsmarkets administrative fee of 2.5% per annum will apply for all positions.
What consequences on your positions?
Our overnight financing fees are regularly reviewed and updated on our website and in our trading conditions.
|Overnight financing fee on long position on bitcoin||Overnight financing fee on short position on bitcoin|
|1 bitcoin contract with the purchase, listed at 7500.
(1 x 5663.94) x 0,0392% = 2.22€
The Customer Will Be charged 2.22€ par jour.
|1 contrat bitcoin à la vente, coté à 5663.94.
(1 x 5663.94) x 0,009% = 0.5€
Le client sera crédité de 0.5€ par jour.