Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

TFEX Extends Trading Hours For Currency Futures And Precious Metal Futures, Effective From January 15

Date 12/01/2024

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:

 

Product

 

Current Trading Hours

New Trading Hours

(Starting from January 15, 2024)

Currency Futures:

USD Futures EUR/USD Futures USD/JPY Futures

Pre-open

9:15 - 9:45 hrs.

9:15 - 9:45 hrs.

Morning Session

9:45 - 12:30 hrs.

9:45 - 12:30 hrs.

Pre-Open

13:45 - 14:15 hrs.

13:45 - 14:15 hrs.

Afternoon Session

14:15 - 16:55 hrs.

14:15 - 16:55 hrs.

Pre-Open

18:45 - 18:50 hrs

18:45 - 18:50 hrs.

Night Session

18:50 - 23.55 hrs.

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.

9:15 - 9:45 hrs.

Morning Session

9:45 - 12:30 hrs.

9:45 - 16:55 hrs.

(no intermission)

Pre-Open

13:45 - 14:15 hrs.

Afternoon Session

14:15 - 16:55 hrs.

Pre-Open

18:45 - 18:50 hrs.

18:45 - 18:50 hrs.

Night Session

18:50 - 3:00 hrs.

(the next day)

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.