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About Alibaba
BABA tracks the value of 1 American depositary share of Alibaba Group Holding Ltd. Alibaba operates e-commerce marketplaces, cloud services, and digital payments in China.
On Aster (AsterDex), BABA is a synthetic perpetual market. Aster quotes it independently of every other venue CoinBeaver tracks, so its mark price, funding rate and open interest are its own.
BABA is listed as an Aster synthetic perpetual market. Prices track traditional-asset exposure synthetically and do not represent ownership of the underlying shares, ETFs, commodities, or cash instruments. Educational market data only — not investment advice.
Sector tags: China Equity, Consumer Tech.
US Market Hours vs Aster 24/7 Perpetual
Comparing BABA New York Stock Exchange session hours with continuous crypto trading
- Regular Session
- 09:30 – 16:00 ET
- Trading Days
- Mon – Fri (Closed Weekends & Holidays)
- Settlement Rule
- T+1 Settlement (No same-day resale)
- Trading Hours
- Continuous 24 Hours / Day
- Lunch Break
- None (No Midday Pause)
- Weekend Trading
- Active 24/7 (No Weekend Shutdown)
- Trading Schedule
- Monday – Sunday 365 Days
- Settlement Rule
- T+0 Instant Execution & Hedging
Frequently Asked Questions
- Does trading BABA give me any of the rights of owning Alibaba stock?
- No. BABA is a synthetic perpetual with no delivery mechanism or arbitrage bridge to Alibaba's actual ADS. It gives price exposure only — there are no shareholder rights, no dividends, no voting rights, and no claim on the underlying shares.
- Does BABA track the American Depositary Share (ADS) or Alibaba's Hong Kong-listed ordinary share?
- It tracks the ADS, which trades in USD. Alibaba is dual-primary-listed: its ADS trades on the NYSE in U.S. dollars, and its ordinary shares also trade on the Stock Exchange of Hong Kong in Hong Kong dollars (HKD). Because BABA tracks the USD-denominated ADS, no live FX conversion is needed for the price.
- How is BABA different from other names, like COIN?
- BABA tracks a Chinese e-commerce, cloud, and digital-payments conglomerate whose core business is tied to the Chinese market. COIN, by contrast, operates a cryptocurrency exchange with no comparable single-country retail business.
- BABA on Aster is a synthetic perpetual market that tracks 1 American depositary share of Alibaba Group Holding Ltd. It trades on Aster, so you can go long or short without holding any shares.
- BABA on Aster is a synthetic perpetual market that tracks 1 American depositary share of Alibaba Group Holding Ltd. It trades on Aster, so you can go long or short without holding any shares.
- Can BABA's price on Aster differ from the price on other venues?
- Yes. Aster quotes BABA independently of every other venue CoinBeaver tracks, so its mark price, funding rate, and open interest are its own. The price on Aster can therefore differ from the same instrument on another venue.
- What does an independent quote on Aster mean in practice?
- It means BABA's price on Aster is set by activity on Aster itself — its mark price, funding rate, and open interest reflect Aster's own market rather than being copied from another venue's feed.
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