FMG 0.87% $21.71 fortescue ltd

The other thing to note is that the 1st session starts at 9pm...

  1. 3,600 Posts.
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    The other thing to note is that the 1st session starts at 9pm the night before and ends at 3pm on the following business day.

    The DCE is a unique beast. I don't proclaim to understand all details or rational.

    @Convexity can you add anything further to explain the DCE IO trading process etc?

    The ASX market opens at 10am, the DCE opens at 11am.

    I find that once the DCE session opens it can and often does impact the pricing / demand for ASX listed assets IO miners and related dominant IO miners ( like BHP & RIO) and to a lesser extent to MIN etc.

    Anyway food for thought.

    For me if the change in the DCE is dramatic Up swing on a down day for the share, I see this as a strong opportunity to buy ( Ceteris Paribus )
    Last edited by zendiceman: 13/05/22
 
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