Serving the Quantitative Finance Community
FX Option Trading
Since FX market is a 24 hour market, how does it affect the trades of different traders trading from different parts of the country?Please help.
-
- bskilton81
- Posts: 0
- Joined:
FX Option Trading
The big firms will always have an open trading desk. So you can basically always find a counterparty no matter the time of day (except maybe on the weekend).If I want to trade EURNZD at 11:00pm Chicago, I get ahold of a Bank's "Asian" desk. If I want to trade at 11:00 am, I will get ahold of the NY desk. Keep in mind, though, that the Asian desk may be located in NY, but works Asian hours.
Last edited by bskilton81 on August 17th, 2005, 10:00 pm, edited 1 time in total.
-
- quantstudent19
- Posts: 0
- Joined:
FX Option Trading
yes, big firms do have an open desk 24 hours a day, but not all ccy pairs trade 24 hrs a dayEURUSD options mkt is dead during Asian hours, so is CAD in London timefor traders, the main thing is you dont actually have a book of your own. you need to share it with one or 2 people.