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Sunday, January 18, 2015

What Markets Are Open on Martin Luther King Day?

What markets are open on Martin Luther King Day?



NEW YORK (MarketWatch) — U.S. stock and bond markets will be closed on Monday for the Martin Luther King Jr. holiday, but it will be business as usual for Globex electronic trading and in overseas markets.



Oil, gold and Treasurys futures contracts, among other contracts listed on Globex, will all trade electronically during the holiday.



The CME trading floors will be closed.



Globex trading will begin as usual at 6 p.m. Eastern on Sunday and end at 1 p.m. Eastern on Monday, but with a trade date of Tuesday. Trading will resume at 6 p.m. Eastern on Monday.



U.S. stock markets will be closed, and the Securities Industry and Financial Markets Association Sifma has recommended that there be no trading in U.S.-dollar-denominated bonds in the U.S., U.K. and Japan.



Currency trading is expected to be light during the North American day. Banks in Europe and Canada will be open.



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