CFE Holiday Schedule

2017 CFE Holiday Calendar

New Year's Day – Monday, January 2 (observed)
Martin Luther King, Jr. Day – Monday, January 16
President's Day – Monday, February 20
Good Friday – Friday, April 14
Memorial Day – Monday, May 29
Independence Day – Tuesday, July 4
Labor Day – Monday, September 4
Thanksgiving Day – Thursday, November 23
Christmas Day – Monday, December 25
New Year's Day – Monday, January 1, 2018

Holiday Session Trading Hours for VIX Futures

Trading Week with No Exchange Holiday.

Unless otherwise specified below in relation to Exchange holidays, the following schedule applies.

Type of Trading HoursMondayTuesday - Friday
Extended5:00 p.m. (Sunday) to 8:30 a.m.3:30 p.m. (previous day) to 8:30 a.m.
Regular8:30 a.m. to 3:15 p.m.8:30 a.m. to 3:15 p.m.

Domestic Holidays Always Observed on Mondays.

The below schedule applies when the following domestic holidays are observed: Martin Luther King, Jr. Day, Presidents' Day, Memorial Day and Labor Day.

Type of Trading HoursMondayTuesday
Extended5:00 p.m. (Sunday) to 10:30 a.m.*5:00 p.m. (Monday) to 8:30 a.m.
RegularNone8:30 a.m. to 3:15 p.m.

Thanksgiving.

The below schedule applies when the Thanksgiving Day holiday is observed.

Type of Trading HoursThanksgivingFriday
Extended3:30 p.m. (Wednesday)* to 10:30 a.m.5:00 p.m. (Thursday) to 8:30 a.m.
RegularNone 8:30 a.m. to 12:15 p.m.

Floating Holidays and Good Friday.

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 by circular.

If New Years Day or Christmas is on a Monday - Thursday:
HolidayType of Trading HoursHoliday Observed (Monday - Thursday)
New Year's Day and ChristmasExtended5:00 p.m. (on holiday) to 8:30 a.m. (day after holiday)
New Year's Day and ChristmasRegular8:30 a.m. to 3:15 p.m. (day after holiday)
If Independence Day is on a Monday - Thursday:
Type of Trading HoursJuly 4July 5
Extended3:30 p.m. (July 3) to 10:30 a.m.*5:00 p.m. (July 4) to 8:30 a.m.
RegularNone8:30 a.m. to 3:15 p.m.
If the holiday is on a Friday:
HolidayType of Trading HoursHoliday Observed (Friday)
New Year's Day, Good Friday, Independence Day and Christmas ExtendedNone
New Year's Day, Good Friday, Independence Day and ChristmasRegularNone

* 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 VIX futures is halted between sessions of extended trading hours on the calendar day of a holiday. The CBOE System will complete the processing of trades that are in the course of being processed by the CBOE System prior to the start of such a halt period. Since these halt periods are a regular feature for certain holiday trading sessions in VIX futures, they shall not be considered the declaration of a trading halt by the Exchange. Trades in VIX futures made during a holiday trading session will be submitted for clearing for the next Business Day.