What’s Up, What’s Down: Spotlight on Holiday Trading
Comments for February 18, 2011
Looking ahead to Friday by reflecting back on Thursday’s trading
Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors
HOLIDAY TRADING SCHEDULE
President’s Day Holiday
February 18-21, 2011
Trading floors close regular times on Friday the 18th, but some electronic sessions will close early. Limited electronic session trading on Monday the 21st.
Although the third Monday in February is popularly known as President’s Day, the holiday is still technically referred to in the federal United States Code as Washington’s Birthday.
All times shown are Central (CT) time.
Friday, Feb. 18
CME Group/CBOT & CME: Trading floor sessions close regular times. Interest rate and currency products close at 3:15pm on Globex. Stock indices and commodities close regular times on Globex.
CME Group/NYMEX & COMEX: Trading floor sessions close regular times. Energies & metals close early at 3:15 pm for Globex session.
ICE Futures U.S.: Softs close regular times. US $ Index closes regular time on open outcry; early 3:15 pm close on electronic platform. Russell indices early close 3:15 pm on electronic platform.
NYSE Liffe U.S.: 3:15 pm early close for mini-gold and silver.
All times shown are Chicago (Central) time.
Trades made on Sunday and Monday will be for “trade date” February 22.
See the Sunday, Feb. 20 and Monday, Feb. 21 trading hours schedule for this holiday, posted at my website: https://www.zaner.com/3.0/market_information/hot_topics.asp
Rick Alexander has been a broker and analyst in the futures business for over thirty years. He is a Vice-President for Sales and Trading at the Zaner Group (www.zaner.com) a Chicago-based futures brokerage firm. Email Rick at ralexander@zaner.com or call toll-free (888) 281-4158.
Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors. The information in this Report and the opinions expressed are subject to change without notice. All known news and events have already been factored into the price of the underlying commodities discussed.