Petroneft, like most Irish resource stocks, has far
more trading volume in London vs. Dublin — generally, a higher volume market should offer better spreads / prices... but not always!
Data from Bitcoinity
shows more trade volume during the past several hours than at any other point during the past week.
There's
far more trading volume in a 24 - hour period, thus its formation tends to carry more weight than those that occur on the intraday time frames.
As a general commodities futures trading rule, the nearer (to expiration) contracts are usually more liquid, i.e. there are more traders trading them and there is
inherently more trading volume therein, which is referred to as liquidity.
TMX Group — which operates the Toronto Stock Exchange and is an affiliate member of CETFA — would profit
from more trading volume.
Bitfinex, which regularly
sees more traded volume than Bitstamp, recorded a 30 % increase in volume, or 203,652 coins traded.
Quite simply, there's
more trading volume in a 24 hours period than any 1 - hour or 4 - hour block; as long as you're comparing the same currency pair, of course.
The reason being: the European session has
more trading volume and volatility than any other single session.
The first exchange to offer a futures contract on bitcoin is good news for my CME friends:
more trading volume and speculative opportunities.