We’re now in December, so that means you need to be aware of upcoming holidays and the end of year holiday trading schedule. CME Group, the organization that oversees futures markets like the E-mini S&P, has released a 2017 CME Globex Trading Schedule. The schedule lists observed holidays in 2017. Each holiday notice is provided in an Excel spreadsheet. Understanding the notices can be a bit tricky, so we’ve done our best to consolidate the closures. Note that we mainly trade equity products, so that is what is described below. Certain commodities, for example, may experience closures at other times. The US/Eastern time zone (EST, GMT-5, New York Time) is used for all listed times below.
Dec. 25, 2017: Monday, Christmas Day – markets are closed and will reopen in the evening at 6:00 p.m.
Jan. 1, 2018: Monday, New Year’s Day – markets are closed and will reopen in the evening at 6:00 p.m.
By the way, Christmas Eve and New Year’s Eve fall on Sundays. The CME Group’s compact Excel time notices do not describe any closures for these days.
Dr. Martin Luther King, Jr. Day is the next holiday in early Jan. 2018, falling on Monday, Jan. 15, 2018. In observance, the markets will halt at 1:00 p.m. and reopen in the evening at 6:00 p.m.