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CFE Holiday Schedule


2014 CFE Holiday Calendar

New Year's Day– Wednesday, January 1
Martin Luther King, Jr. Day– Monday, January 20
President's Day– Monday, February 17
Good Friday– Friday, April 18
Memorial Day– Monday, May 26
Early Market Close– Thursday, July 3
Independence Day– Friday, July 4 (observed)
Labor Day– Monday, September 1
Thanksgiving Day– Thursday, November 27
Early Market Close– Friday, November 28
Early Market Close– Wednesday, December 24
Christmas Day– Thursday, December 25 (observed)*
New Year's Day– Thursday January 1, 2015 *

*Attention FIX users:
Please be advised that on this day all CFE FIX session sequence numbers will be reset to "1".


Domestic & International 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 Hours

Monday

Tuesday - Friday

Extended Trading Hours 2:00 a.m. to 8:30 a.m. 3:30 p.m. to 4:15 p.m.
(previous day)*
- and -
2:00 a.m. to 8:30 a.m.
Regular Trading Hours 8:30 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 Hours

Monday

Tuesday

Extended 2:00 a.m. to 10:30 a.m.* 2:00 a.m. to 8:30 a.m.
Regular None 8:30 a.m. to 3:15 p.m.

International Holidays.

The below schedule applies when the following international holidays are observed: New Year's Day, Good Friday and Christmas Day.

Type of Trading Hours

Prior Business Day that Week
(If Monday)

Prior Business Day that Week
(If Tuesday - Thursday)

Holiday

Next Business Day that Week
(If Tuesday - Friday)

Extended 2:00 a.m. to 8:30 a.m. 3:30 p.m. to 4:15 p.m.
(previous day)*
- and -
2:00 a.m. to 8:30 a.m.
None 2:00 a.m. to 8:30 a.m.
Regular 8:30 a.m. to 12:15 p.m.
- or -
8:30 a.m. to 3:15 p.m.

The Exchange closes at 12:15 p.m. on Christmas Eve and at 3:15 p.m. on New Year's Eve and Holy Thursday.
8:30 a.m. to 12:15 p.m.
- or -
8:30 a.m. to 3:15 p.m.

The Exchange closes at 12:15 p.m. on Christmas Eve and at 3:15 p.m. on New Year's Eve and Holy Thursday.
None 8:30 a.m. to 3:15 p.m.

Thanksgiving.

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

Type of Trading Hours

Wednesday

Thanksgiving

Friday

Extended 3:30 p.m. to 4:15 p.m.
(Tuesday)*
- and -
2:00 a.m. to 8:30 a.m.
3:30 p.m. to 4:15 p.m.
(Wednesday)*
- and -
2:00 a.m. to 10:30 a.m.
2:00 a.m. to 8:30 a.m.
Regular 8:30 a.m. to 3:15 p.m. None 8:30 a.m. to 12:15 p.m.

Independence Day.

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

Type of Trading Hours

Prior Business Day that Week
(If Monday)

Prior Business Day that Week
(If Tuesday - Thursday)

July 4

Next Business Day that Week
(If Tuesday - Friday)

Extended 2:00 a.m. to 8:30 a.m. 3:30 p.m. to 4:15 p.m.
(previous day)*
- and -
2:00 a.m. to 8:30 a.m.
2:00 a.m. to 10:30 a.m. on a Monday - Thursday*
None if July 4 on a Friday
2:00 a.m. to 8:30 a.m.
Regular 8:30 a.m. to 12:15 p.m. 8:30 a.m. to 12:15 p.m. None 8:30 a.m. to 3:15 p.m.

*Trading in VIX futures is halted after the close of an extended trading hours period and prior to the start of the next extended trading hours period on the same Business Day. 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 of VIX futures trading hours, they shall not be considered the declaration of a trading halt by the Exchange.

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. Trades in VIX futures made during a holiday trading session will be submitted for clearing for the next Business Day.