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Is The Bond Market Open on Presidents Day?

Presidents Day - Bond Market

 

The Bond Market will be closed on Presidents Day this year!

Bond Market Holidays vary from year to year. This is because the bond market is not centralized and has no central trading venue like NYSE or NASDAQ which makes decisions regarding when the market is closed.

Presidents Day - Bond MarketYou may find one group of bond traders on holiday, while another might be hard at work.  However, even bond traders do need the occasional day off. SIFMA is an organization of financial firms and they suggest that financial institutions use the following dates and times for holidays.

If you want to trade bonds on these days you may find it a little difficult

Bond Market Holidays 2016

2016 U.S. Holiday Recommendations
Holiday Recommended Early Close (2:00 p.m. Eastern Time) Recommended Close
New Year’s Day 2015/2016 Thursday, December 31, 2015 Friday, January 1, 2016
Martin Luther King Day None Monday, January 18, 2016
Presidents Day None Monday, February, 15, 2016
Good Friday Thursday, March 24, 2016 Friday, March 25, 2016
Memorial Day Friday, May 27, 2016 Monday, May 30, 2016
U.S. Independence Day Friday, July 1, 2016 Monday, July 4, 2016
Labor Day None Monday, September 5, 2016
Columbus Day None Monday, October 10, 2016
Veterans Day None Friday, November 11, 2016
Thanksgiving Day Friday, November 25, 2016 Thursday, November 24, 2016
Christmas Day Friday, December 23, 2016 Monday, December 26, 2016
New Year’s Day 2016/2017 Friday, December 30, 2016 Monday, January 2, 2017

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