The ASX (Australian Securities Exchange) is popular among day traders due to its relatively stable market hours, high liquidity in blue-chip stocks, and the availability of leveraged products like CFDs and options. Day traders are attracted to ASX-listed companies because of the frequent price movements and trading volume in sectors like mining, banking, and biotech. Moreover, local economic news and announcements often cause short-term volatility, creating opportunities to trade the ASX by day traders seeking quick profits within a single trading session.