The 24/6 derivatives trading platform
NTP gives you access to products listed on the ASX 24 market including:
Many NTP products are rated in the Top 10 globally traded interest rate products, such as our 3 and 10 Year Bonds. The three-year contract is now the most actively traded futures on government debt outside the US and Europe.
Longest trading hours
The Australian market has the longest trading hours in the world. ASX Trade24 operates on a 24/6 basis, open 21 hours and 50 minutes every trading day, offering debt, equity index and commodity products and a full suite of trading order management functionalities.
Ease of connectivity
With its fully managed, low latency international network solution ASX Net Global, ASX can offer customers resilient access to ASX markets, data and colocation facility from the heart of international financial centres. Furthermore the Australian Liquidity Centre (ALC) provides customers access to various financial services of other ASX Net participants.
Trading day cycle
From Monday to Saturday, NTP permits 24 hour trading on exchange contracts. The market is accessible at any time from major global financial centres through ASX Net Global. A typical Trading Day Cycle consists of two trading sessions (Night and Day) forming a single Trading Day. The Night Session always precedes the Day Session, e.g. the Night Session for Friday’s trading day starts Thursday afternoon.
For further information on the Trading Day Cycle please view the Developer’s Guide.
Message per Second
NTP gateways are throttled to send 15 messages per second to the host. Any additional messages in excess of the throttle are processed and buffered at the gateway until the next second. Additional TPS can be ordered in blocks of 15 TPS up to 75.