The Fourth of July (Independence Day) is right around the corner. This year, the holiday occurs on a Monday. As a day trader, it’s important to be aware of federal holidays. The markets can close early or unexpectedly. If you know when the closures or “halts” occur, you can plan ahead.
Also, it’s important to be aware that often times market activity slows down on or before holidays. Adjust your approach based on how the market is performing that day.
Independency Day, Monday, July 4
• Market halt @ 1:00 p.m. US/Eastern (UTC-4)
• Market reopen @ 6:00 p.m. US/Eastern (UTC-4)
As described above, on July 4, you can expect regular market hours until 1 p.m. ET. The market then halts for several hours, reopening at 6 p.m. ET.
Please keep in mind this describes CME Group equity products only, such as the E-mini S&P 500 (ES). Other types of markets, such as cryptocurrencies, interest rate products, FX products, etc. may exhibit different closure periods. If you would like to see the official release/schedule from CME Group, click here.
In addition, NinjaTrader Brokerage (ninjatraderbrokerage.com) recently sent an email that states the following:
“Due to the observance of the US Independence Day holiday on Monday, July 4th, all trades made from Sunday at 5:00 pm CT through Tuesday at 4:00 pm CT will clear on Tuesday’s trade date. All trades will remain visible in your trading platform until Tuesday evening.”