Unless otherwise specified below in relation to Exchange holidays, the following
The below schedule applies when the following domestic holidays are observed: Martin
Luther King, Jr. Day, Presidents' Day, Memorial Day and Labor Day.
The below schedule applies when the Thanksgiving Day holiday is observed.
The below schedules apply when the following holidays are observed: New Year's Day,
Good Friday, Independence Day (July 4) and Christmas Day. If the holiday falls on
a Saturday, the holiday will be observed on the previous day (Friday), except for
New Year's Day. If the holiday falls on a Sunday, the holiday will be observed on
the next day (Monday). The holidays specified in the below charts refer to the day
on which the Exchange observes the applicable holiday. The Exchange will typically
close at 12:15 p.m. on July 3 (the day before Independence Day) and December 24
(Christmas Eve). Holiday closures and shortened holiday trading hours will be announced
* A holiday trading session includes extended trading hours on the calendar day
of the holiday and any extended trading hours for the holiday on the previous calendar
day. Holiday trading sessions are not separate Business Days and are part of the
next Business Day. Trading in VX futures is suspended between sessions of extended
trading hours on the calendar day of a holiday. Since these suspension periods are a regular
feature for certain holiday trading sessions in VX futures, they shall not be considered
the declaration of a trading halt by the Exchange. Trades in VX futures made during
a holiday trading session will be submitted for clearing for the next Business Day.