Feature Highlight: Expanded Futures and Options Expiry Dates Information 

We are pleased to announce an enhancement to the supporting information within our Futures and Options Expiry Dates product. As of today, we cover over 1,400 futures and options contracts across more than 65 global exchanges

🟡 These include: 

CME Group, Eurex, Intercontinental Exchange (ICE), Shanghai Futures Exchange (SHFE), Dalian Commodity Exchange (DCE), Zhengzhou Commodity Exchange (ZCE), B3 (BM&FBOVESPA), Hong Kong Exchanges and Clearing (HKEX), Tokyo Commodity Exchange (TOCOM), London Metal Exchange (LME), and NASDAQ OMX Nordic Derivatives. 

As part of our ongoing commitment to enhancing data granularity and usability, we have introduced two optional new fields to one of our supporting files within the Futures and Options Expiry Dates product. 

🟡 These additions allow clients to easily distinguish: 

🔹 Whether futures contracts are physically delivered or cash settled, and 
🔹 For options contracts, whether they are of American or European style. 

🟡 The new fields include: 

SETT_STYLE 

🔹 Physical 
🔹 Cash 

EX_STYLE 

🔹 American 
🔹 European 

If you would like to incorporate these fields into the data files you currently receive, we would be happy to provide a sample file. This will allow you to preview the changes and confirm they do not interfere with your existing data processing workflows. 

For more information about our product and to download our coverage, please visit: 
👉 Expiry Dates – Never miss a deadline

📩 Contact us at: info@swapsmonitor.com

Why We Track Every Public Appearance by the Fed Chair — And Why It Matters

As Federal Reserve Chair Jerome Powell prepares to speak at the upcoming Jackson Hole Symposium on Friday, August 22, 2025, at 10:00 AM, bond traders are bracing for a pivotal moment that could shape monetary policy expectations for the remainder of the year. 

This appearance follows a hotter-than-expected inflation report on 
Tuesday, August 12, 2025 – Announcement Day

Now, all eyes turn to Powell’s speech, which could either reassure markets that the Fed remains on track to ease policy—or signal a more cautious stance, potentially delaying rate cuts well into 2026. Either outcome could result in sharp moves across rates markets, making this a high-stakes event for fixed income professionals

💡Why This Appearance Matters 

The Jackson Hole Symposium has a long history of producing major policy signals. Powell’s remarks will be closely scrutinized for any hints on how the Fed is weighing persistent inflation pressure against the broader economic outlook. For many market participants, this may be the most important communication from the Fed between now and the next FOMC meeting on September 17, 2025, followed by Powell’s 2:30 PM press conference the same day. 

Stay Ahead with Swaps Monitor 

At Swaps Monitor, we track all Federal Reserve Board – Chair’s Public Appearances so our customers can stay ahead of key market-moving events. In fast-moving environments like this one, timing is everything—and knowing when Powell will speak can make the difference between leading the market and chasing it

Upcoming Key Appearances: 

🔹Jackson Hole SymposiumFri, August 22, 2025 at 10:00 AM 

🔹FOMC Press ConferenceWed, September 17, 2025 at 2:30 PM 

As the Fed’s path remains uncertain, so does the direction of interest rates. But with timely updates and accurate scheduling of official appearances, Swaps Monitor helps you stay positioned to respond—not react

In Addition… 

We also track inflation reports and key economic events, such as U.S. Bureau of Labor Statistics Consumer Price Index (CPI) announcement days. 

To download our full list of 500+ economic events across 44 countries, visit:
🔗https://swapsmonitor.com/product/economic-events/

For more information, please contact us at: 
📧 info@swapsmonitor.com

MSCI Reconstitution: Why Missing the Dates Isn’t an Option 

The August 2025 MSCI reconstitution is fast approaching — and for investors, traders, and institutions, timing is everything. 

Market participants are watching closely for potential inclusions and exclusions, as these moves can trigger significant momentum in the affected stocks. 

🔍 What is Index Reconstitution? 
Index reconstitution is the process of reviewing and updating an index’s list of securities — adding those that meet inclusion criteria and removing those that no longer qualify. For MSCI, these changes can shift billions in capital and reshape market momentum overnight. 

📆 Key Date: 
Tuesday, August 26, 2025 – MSCI Reconstitution changes take effect.

These aren’t just dates on a calendar — they are strategic moments when capital flows shift and market opportunities emerge. 

At Swaps Monitor, we ensure you’re always aware of MSCI reconstitution schedules so you can act proactively rather than react too late. 

For more information about our Economic Events product and to download our coverage, please visit: 

👉 Economic Events – Track release dates and times

📫 Contact us at: info@swapsmonitor.com

📌 Feature Highlight: Accurate Currency Holiday Tracking

One of the core challenges in FX trading is knowing exactly when a currency is on holiday — and it’s not always as simple as checking a public calendar. 

💡 That’s where we come in. 

Swaps Monitor provides precise, market-recognized currency holiday data, helping FX traders, operations teams, and systems avoid costly errors due to misinterpreted holidays. 

Take the Australian Dollar (AUD) for example: 

🔹 The AUD market is only considered closed when Sydney banks are closed

🔹 Holidays in other Australian states (like Victoria or Queensland) do not impact AUD FX settlement. 

🔹 For instance, August 13, 2025 is a holiday in some parts of Australia — but not an AUD currency holiday, as Sydney banks remain open. 

With Swaps Monitor, you get: 

🔹 Trusted, up-to-date holiday data for all tradable currencies 

🔹 Clarity on when each currency market is open or closed 

🔹 Reduced risk of trade failures and incorrect value dates 

Whether you’re pricing swaps, scheduling settlements, or running post-trade processes, Swaps Monitor ensures you always know the correct market status — no guesswork, no assumptions. 

In FX, certainty matters. Swaps Monitor delivers it. 

For more information, feel free to contact us at info@swapsmonitor.com

What Counts as a Business Day? Why It Truly Matters 

In a world driven by real-time market data and complex algorithmic infrastructure, one of the most overlooked — yet critical — aspects of global financial markets is the definition of business days for derivatives

From interest rate swaps to cross-currency trades, regulatory frameworks like Dodd-Frank, EMIR, and MiFID II impose strict requirements around reporting deadlines, valuation cycles, and settlement conventions

But here’s the challenge: 
What happens when a U.S. swap is booked on a day that’s a holiday in Tokyo, but a regular business day in New York? Or vice versa? 

🔍 That’s where Swaps Monitor steps in. 

For decades, we have provided accurate, reliable, and manually verified holiday and market closure calendars, trusted by: 

✔ Global swap dealers 
✔ Compliance and reporting teams 
✔ Legal departments drafting ISDA agreements 
✔ Back-office systems vendors and central counterparties (CCPs) 

Our flagship product — the Holiday Calendar — offers clear, authoritative guidance on when markets are open and which days count for valuation and clearing

As cross-border derivatives grow in complexity, the demand for precision in calendar data increases exponentially. Many firms continue to rely on Swaps Monitor alongside industry giants — not because of size, but because of our unmatched clarity and reliability

📌 In today’s regulatory environment, it’s not just about speed — it’s about knowing exactly when the clock starts ticking

For more information, feel free to contact us at info@swapsmonitor.com

Making the Complex Simple — So You Don’t Have To 

Anyone can find out when the next bank holiday is in New York. 
That’s easy — it takes a quick Google search. 

But what about knowing if banks in Hong Kong are closed because of a Black Rainstorm Warning? 
Or if financial markets in Iran are shut on August 6, 2025, to conserve electricity? 
Or confirming that Prayer Day in Liberia (July 30), heavy rainfall in Metro Manila (July 22), or Election Day in Togo (July 17) will disrupt banking operations? 

That’s not so simple. 
That requires deep local knowledge, real-time monitoring, and a global network of experts. 

We have built a team of 50+ specialists from 26 nationalities, speaking over 32 languages, across 4 global offices on 3 continents — working 24/7 to track every market development across the world. 

Each team member undergoes extensive training over at least three months, gaining deep knowledge of global financial systems, markets, institutions, and cultures. From central banks and stock exchanges to clearinghouses, FX markets, and local holidays — we cover it all. 

The result? 

✅ Accurate, consistent, and real-time updates. 
✅ Actionable intelligence from around the world. 
✅ Simplicity for our clients — no matter how complex the situation is behind the scenes. 

We make the complex simple. So you can make decisions with confidence.