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Australia 200 spreat too much

MITH

By MITH,
in Indices and Macro Events

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ArvinIG Respected Contributor

ArvinIG

Posted
Posted
1 hour ago, MITH said:

why the market time Australia 200 spread high.

Hi @MITH,
Because we price our ASX cash by deriving pricing from ASX futures. Hence, the trading halt in ASX24 did not allow us to price our cash as usual. We had to use Out Of Hours pricing for ASX cash during the halt which resulted in a higher spread.

All the best - Arvin

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