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Australian ATX, what does "Pre-Open Session" mean?
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Answer
In the context of the Australian ATX (All Ordinaries Index), the "Pre-Open Session" refers to a trading period before the official market opening where investors can place orders. It is a time for market participants to prepare for the trading day, allowing for the accumulation of buy and sell orders that will be executed once the market officially opens. This session helps establish an initial direction for the market based on the order flow and can be an important indicator of market sentiment. Typically, the pre-open session lasts for a specific period, such as 15 minutes before the market opens.
Suggestions
- What are the benefits of participating in the pre-open session?
- How does the order flow during the pre-open session impact market sentiment?
- Are there any specific rules or regulations governing the pre-open session?
- Can investors modify or cancel their orders placed during the pre-open session?
- What are some common strategies used during the pre-open session to prepare for the trading day?
AAAnonymous