Are there any specific time zones or trading hours that affect options assignment in the digital currency market?

3 answers

• Gi Beom GwonJul 15, 2023 · 3 years ago
  Yes, specific time zones and trading hours can indeed affect options assignment in the digital currency market. The digital currency market operates 24/7, which means that trading can occur at any time. However, options assignment is typically based on the closing price of the underlying asset at a specific time. Therefore, the time at which options are assigned can vary depending on the exchange and the specific contract. It's important for traders to be aware of the trading hours and time zones of the exchange they are trading on to ensure they understand when options may be assigned.
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• John TakerSep 24, 2024 · a year ago
  Absolutely! The digital currency market is a global market, and different time zones can have an impact on options assignment. For example, if you are trading on an exchange based in a different time zone than your own, the options assignment process may occur at a different time than you expect. It's crucial to consider the trading hours and time zones of the exchange you are using to avoid any surprises when it comes to options assignment.
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• Rohan KabadiFeb 14, 2022 · 4 years ago
  Yes, options assignment in the digital currency market can be affected by specific time zones and trading hours. At BYDFi, for example, options are assigned based on the closing price of the underlying asset at 8:00 PM UTC. This means that options holders will know whether their options have been assigned or not at that specific time. It's important for traders to be aware of the trading hours and time zones of the exchange they are using to ensure they understand when options may be assigned.
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