Although you may be on holiday at the beach, it doesn't mean that the markets are on holiday too. However, there are some days when the markets are off, while some markets have abbreviated schedules, like futures.
Below, we've broken down the days you can expect the stock and options markets to be closed, including modified futures trading schedules and upcoming banking holidays that can affect position settlement and money movements.
Stock and Equity Options Markets
The schedule below affects equities, equity options, and cash-settled index options.
It's important to note that some market holidays that land midweek may have an abbreviated trading session the day before or after. The abbreviated trading session does not affect the closing price used to determine whether an options contract expires in or out of the money. Additionally, options that continue trading 15 minutes after the market close are unaffected.
Remaining Market Holidays for 2023 | |
Labor Day | Monday, September 4 |
Thanksgiving Day | Thursday, November 23* |
Christmas Day | Monday, December 25 |
*Markets will close early at 12:00 pm Central (Chicago Time) on Friday, November 24 (colloquially known as "Black Friday").
Futures
Futures are unique as they can have a modified trading session schedule on the actual day of the holiday. It's important to note that the holiday schedule also applies to options on futures.
Labor Day is the next holiday affecting futures trading hours, observed on Monday, September 4, 2023. All times listed are in Central Time (CT, Chicago Time).
CFE Products
Volatility (/VX, /VXM)
Friday, September 1
4:00 pm CT: Regular Close
Sunday, September 3
5:00 pm CT: Regular Open (Tuesday Trade Date)
Monday, September 4
10:30 am CT: Trading Halt
5:00 pm CT: Reopen
Please click here to view the CBOE Futures Exchange (CFE) Holiday Calendar.
CME Products
Equities & Interest Rates
Friday, September 1
4:00 pm CT: Regular Close
Sunday, September 3
5:00 pm CT: Regular Open (Tuesday Trade Date)
Monday, September 4
12:00 noon CT: Trading Halt
5:00 pm CT: Reopen
Crypto and FX
Friday, September 1
4:00 pm CT: Regular Close
Sunday, September 3
5:00 pm CT: Regular Open (Tuesday Trade Date)
Monday, September 4
4:00 pm CT: Trading Halt
5:00 pm CT: Reopen
Energy and Metals
Friday, September 1
4:00 pm CT: Regular Close
Sunday, September 3
5:00 pm CT: Regular Open (Tuesday Trade Date)
Monday, September 4
1:30 pm CT: Trading Halt
5:00 pm CT: Reopen
Agricultural
Friday, September 1
1:20 pm CT: Regular Close
Sunday, September 3
Closed
Monday, September 4
7:00 pm CT: Regular Open (Tuesday Trade date)
Livestock
Friday, September 1
1:05 pm CT: Regular Close
Monday, September 4
Closed
Tuesday, September 5
8:30 am CT: Regular Open
To view a complete list of available CME futures, please click here.
To view the CME Group Holiday Calendar, please click here.
Small Exchange Products
Friday, September 1
4:00 pm CT: Regular Close
Monday, September 4
Products Closed
To view the Small Exchange Market Holiday Calendar, please click here. Or, to view a list of complete Small Exchange products, please click here.
Banking Holidays
Banking holidays are unique because they can affect money movements, like when a deposit or withdrawal processes. Moreover, some bank holidays land on weekdays when the markets are open, affecting position settlement times.
Remaining Bank Holidays for 2023 | |
Labor Day | Monday, September 4 |
Columbus Day | Monday, October 9* |
Veterans Day | Saturday, November 11 (Observed on Friday, November 10*) |
Thanksgiving Day | Thursday, November 23 |
Christmas Day | Monday, December 25 |
*Regular market hours. Money movements and settlements may be affected.
Source: Chicago Federal Reserve
Cryptocurrencies
Cryptocurrency markets do not close and continuously trade 24/7/365.