Anybody trading ASX SPI 200 ?

Discussion in 'Index Futures' started by ASusilovic, Mar 2, 2009.

  1. Any comments with regards to volume, spreads, correlation etc.?

    Thanks in advance !
     
  2. Pager

    Pager

    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.
     
  3. Xtreme

    Xtreme

    The volumes and spreads are good during the day, but can widen a little during the night session.
     
  4. dozu888

    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.
     
  5. Between all Asian markets, KOPSI is the best to day trade.
     
  6. Xtreme

    Xtreme

    What broker are you using to trade the kospi?

    When I looked there was only one or two online platforms that offered the kospi.
     
  7. I use IB. What other brokers do you know?
     
  8. Xtreme

    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.
     
  9. I can only use broker that offers either Ninja or X Trader.
     
  10. 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.
     
    #10     Apr 12, 2009