Investors who regularly trade with binary options are used to having access to the markets at any time. But binary options differ from each other with regard to the underlying asset.
Those who want to bank on foreign exchanges can find offers around-the-clock and do not have to take pauses from Monday to Friday. On the other hand, those who bank on shares and indices will quickly discover that binary options are attached to the trading times of the respective markets.
Over the weekend, trades are only possible with a few brokers and when they are, only in a relatively limited scope.
Trading between Sunday and Thursday possible
In order to be able to complete trades with binary options that refer to single shares or indices at the weekend you should take a look at the asset-index of the respective broker. Many providers do not only have binary options on assets from Europe or the USA on lock, but they also offer further opportunities.
Trading places in the Middle East, fro example in this context, represent a good alternative.
In the Arabic region markets are usually closed on Fridays due to the prayer being held on Fridays.
While you also do not trade on Saturdays; Sunday is a normal trading day. The trading week lasts from Sunday until Thursday, Moreover, due to the increasing importance of many Arabic countries
interesting opportunities definitely arise. For this reason, many brokers are capable of at least trading with binary options referring to indices and markets in the Middle East. Partially, even shares are offered as underlying assets, that are traded in Dubai or Tel Aviv, for example.
Different indices offer traders a lot of opportunities
One of the most known indices in the Middle East is the TA-25 at the market in Tel Aviv.
There, the shares of the 25 enterprises with the highest market capitalization at this market are listed. This index is being determined since 1992, the trading times in Tel Aviv are from Sunday to Thursday from 9:00 am until 16:30 pm local time.
Another market that has been gaining more importance very fast over the past few years, are the United Emirates of Arabia. Because of the political structure of the country there exist 2 important trading places. The Dubai financial market and the Abu Dhabi Securities Exchange. Both markets dispose of an own index, here, the opening times are from Sunday to Thursday, too. Many binary options-broker have meanwhile adopted at least one of these indices to their asset-index.
Besides these great markets there are still smaller markets in the Middle East that also play an important role with a few brokers. The most important indices besides the already mentioned in the Arabic region that are calculated , are the Tadawul Index, where 144 enterprises of the Saudi Arabian market are listed, as well as the Kuwait Stock Exchange Index. There, you mainly find banks, insurance companies, property- and investment companies from Kuwait. The Emirate Qatar has also progressed a lot in the past years so that the Qatar Exchange Index also gains in importance.
In a nutshell, traders with binary options have a great choice of markets, where they are at least able to trade on Sundays, too. So, Focusing on the Middle East can definitely pay out.