Holiday & Expiration Calendars

2019 Exchange Holiday Calendar

New Year's Day – Tuesday, January 1 (International)
Martin Luther King, Jr. Day – Monday, January 21 (U.S.)
President's Day – Monday, February 18 (U.S.)
Good Friday – Friday, April 19 (International)
Memorial Day – Monday, May 27 (U.S.)
Independence Day – Thursday, July 4 (U.S.)
Labor Day – Monday, September 2 (U.S.)
Thanksgiving Day – Thursday, November 28 (U.S.)
Christmas Day – Wednesday, December 25 (International)
New Year's Day – Wednesday, January 1, 2020 (International)

Holiday Session Trading Hours for VX & XBT 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 - Friday
Extended 5:00 p.m. (previous day) to 8:30 a.m.
Regular 8:30 a.m. to 3:15 p.m.
Extended 3:30 p.m. to 4:00 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 5:00 p.m. (Sunday) to 10:30 a.m.* 5:00 p.m. (Monday) to 8:30 a.m. and 3:30 p.m. to 4:00 p.m.
Regular 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 Thanksgiving Friday
Extended 5:00 p.m. (Wednesday)* to 10:30 a.m. 5:00 p.m. (Thursday) to 8:30 a.m.
Regular None 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 Year's Day or Christmas is on a Monday - Thursday:
Holiday Type of Trading Hours Holiday Observed (Monday - Thursday)
New Year's Day and Christmas Extended 5:00 p.m. (on holiday) to 8:30 a.m. (day after holiday) and 3:30 p.m. to 4:00 p.m. (day after holiday)
New Year's Day and Christmas Regular 8:30 a.m. to 3:15 p.m. (day after holiday)
Good Friday and if New Year's Day or Christmas is on a Friday:
Holiday Type of Trading Hours Holiday Observed (Friday)
Good Friday and if New Year's Day or Christmas is on Friday Extended None
Good Friday and if New Year's Day or Christmas is on Friday Regular None
Independence Day:
Type of Trading Hours Holiday Observed Business Day After Holiday Observed
Extended 5:00 p.m. (day before holiday) to 10:30 a.m.* (on holiday) 5:00 p.m. (on holiday or on Sunday if holiday observed on Friday) to 8:30 a.m. and 3:30 p.m. to 4:00 p.m.
Regular None 8:30 a.m. to 3:15 p.m.

* 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.