Trading hours

About the Wool Futures markets available at ASX

The ASX Group of companies, includes the combined operations of ASX (formerly the Australian Stock Exchange) and ASX 24 (formerly SFE Corporation).
 
The ASX Group's activities span primary and secondary market services, including capital formation and hedging, trading and price discovery (Australian Securities Exchange); central counterparty risk transfer (ASX Clearing Corporation); and securities settlement for both the equities and fixed income markets (ASX Settlement Corporation).
 
Effective 1 August 2010, the supervision of trading on Australia’s domestic licensed markets and the supervision of trading participants has been transferred from ASX to ASIC.  ASX Compliance, formerly ASX Markets Supervision, is a wholly owned subsidiary company of ASX which fulfils ASX's oversight obligations as a market operator and clearing and settlement facility operator. 
 
Greasy Wool Futures and Options, Fine Wool and Broad Wool Futures are listed on the ASX 24 platform (SYCOM) in accordance with the ASX 24 Operating Rules and ASX Clear (Futures) Operating Rules.
 
China Type Wool Futures are listed on the ASX Trade platform in accordance with the ASX Operating Rules and ASX Clear Operating Rules.
 

Trading Hours

 
Listed below are the trading hours for both the ASX and ASX 24 Wool Futures markets. All times are AEST/AEDT.

China Type Wool Futures

9:50am - 4:30pm Normal trading
4:30pm - 5:00pm Late trading*

* Late trading
After the 4:30pm 'Normal trading' close, Designated Trading Representatives (DTRs) trading on behalf of Futures Participants are no longer able to execute trades in the central orderbook of ASX Trade. During the 4:30 to 5:00pm 'Late trading' period, DTRs trading on behalf of Futures Participants are able to trade by following the late trading procedures. If there is an order in the central orderbook that the DTR trading on behalf of a Futures Participant wishes to trade against, then the DTR must contact that seller and state his intention to buy at that price. If the seller agrees, the trade must be reported by using the 'Enter Trade Report' window with the Condition Code 'LT' which signifies Late Trade.

ASX 24 Wool Futures (Greasy Wool, Fine Wool, Broad Wool)

Night Session Day Session   
5.10pm - 7.00am 10.30am - 4.00pm 

During US daylight saving time

(begins 2nd Sunday in March and ends 1st Sunday in November) 
5.10pm - 7.30am 10.30am - 4.00pm 

During US non daylight saving time