Which futures market times have the highest trading volumes for digital assets?
Aryan MojidraDec 17, 2021 · 3 years ago3 answers
Can you provide insights into the futures market times that experience the highest trading volumes for digital assets? I'm particularly interested in understanding the peak trading hours and days for digital asset futures. Please include any relevant factors that contribute to these high trading volumes.
3 answers
- Dec 17, 2021 · 3 years agoThe futures market for digital assets experiences the highest trading volumes during the Asian trading session, specifically between 8:00 PM and 4:00 AM UTC. This period overlaps with the active trading hours in major Asian markets such as Japan, South Korea, and China. The high trading volumes can be attributed to the increased participation of institutional investors and retail traders from these regions. Additionally, news releases and market events during this time can also impact trading volumes. It's important to note that trading volumes can vary depending on the specific digital asset and market conditions.
- Dec 17, 2021 · 3 years agoWhen it comes to futures trading of digital assets, the highest trading volumes are typically observed during the early hours of the morning and late evening. This is because these hours coincide with the opening and closing of major global markets, such as the New York Stock Exchange and the London Stock Exchange. The increased trading activity during these times can be attributed to the higher liquidity and participation from institutional investors and professional traders. However, it's worth noting that trading volumes can also be influenced by market sentiment, economic events, and regulatory developments.
- Dec 17, 2021 · 3 years agoAccording to data from BYDFi, one of the leading digital asset futures exchanges, the highest trading volumes for digital assets are usually observed during the Asian trading session. This session starts at 8:00 PM UTC and continues until 4:00 AM UTC. The peak trading hours within this session are typically between 10:00 PM and 2:00 AM UTC. During these hours, traders from Asia and other regions actively participate in the futures market, leading to increased trading volumes. It's important to keep in mind that trading volumes can vary depending on market conditions, digital asset popularity, and other factors.
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