on esignal's site, it lists the trading hours for the dax futures as 08:50am - 08:00pm (local time). of this time period, is there a duration of time considered the day session? kind of like the ES 9:30-4:15 trading time in usa. thanks
What i think is important to know is, that the underlying (Xetra-DAX) is open from 9am till 5:30pm only. After 5:30pm there is quoted a so called "Late-Dax" (L-Dax), but this L-Dax isn`t that meaningful as there are hardly big changes after 5:30pm. Happy trading!
After 5h30pm cet, Dax will follow US very closely. Bure, sure, moves in the last / last and an half hour won't happen often because at that time, US traders are at lunch.
The DAX doesn't have day hours. The DAX only has death hours. My god, check out what I saw today, on the ESTX50 tape! (Attached below) Remember the $250M man, selling some 5,000 odd cars in one go on the ES, a few months ago? So, CME prides itself with its new 400 per clip? EUREX does that in one line! Check this out for a print! All sold on one tick LOL! The exact commitment value of that transaction at that time was USD 250,060,415.81 This is at an exchange rate of US$ 1.2639 to the Euro X underlying contract value (2826) X 7001. Looks like another, probably American, 250M transaction! I tell ya - It's the same guy ... It's the 250-Million-Dollar-Man! Simple moves are the best. Bruce Lee, 1975, Tao of Jeet Kune Do