Monitoring Uncertainty: Nepal’s Political Instability Triggers Turmoil in Financial Market Operations 

Over the past two weeks, Nepal has been caught in a fresh wave of political instability, injecting significant uncertainty into its financial markets. Market participants have had to navigate rapidly shifting directives, with trading and settlement availability changing abruptly and frequently.  

Authorities initially imposed day-by-day closures, which soon escalated to weekly shutdowns—only to be reversed, then reversed again.  

To further complicate matters, trading and settlement schedules were not aligned. Trading remained halted for multiple days, while settlement systems operated sporadically. 

These disruptions impacted the following: 

🔹 KtS (Nepal Stock Exchange trading holidays) 
🔹 KtX (Nepal Stock Exchange settlement holidays) 
🔹 NEPSE Settlement Cycle 

✅Stay Ahead with Swaps Monitor 

While Nepal’s market represents a small portion of global trading, every trade matters and at Swaps Monitor, we understand that. 

We’re committed to delivering timely, accurate, and actionable information—no matter the market or situation. Our clients can rely on us to stay ahead of the curve, ensuring they’re equipped to make informed decisions, even amid the most volatile conditions.  

In times of uncertainty, one thing is certain: we’re on top of it. 


Explore our product and download the full coverage list:  

🔗 Holidays – Monitor when the markets that matter are open and closed. 

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

📢 Market Update: Deutsche Börse (Xetra) Trading Hours Changes 

Deutsche Börse will soon implement a Retail Trading Service Extension, along with modifications to the Opening Auctions and Trading at Close sessions for selected segments of its main market. These changes will impact several of our Trading Hours centers, including: 

🔹 FRSA – Xetra–DAX 
🔹 FRSB – Xetra–MDAX/SDAX 
🔹 FRSF – Xetra–Other German Shares 
🔹 FRSS – Xetra–ETFs/ETCs/ETNs 
🔹 FRSU – Xetra–Other Foreign Shares 
🔹 FRSZ – Xetra–TecDAX 

✅ All affected clients have already received updated files reflecting the latest changes to trading hours. 

We provide historic, current, and projected trading hours for over 2,900 markets across 107 countries

🟡 Our coverage includes major global exchanges such as the New York Stock Exchange (NYSE), Nasdaq, Shanghai Stock Exchange (SSE), Euronext, Tokyo Stock Exchange, B3, Johannesburg Stock Exchange (JSE), and the National Stock Exchange of India (NSE). 

With Swaps Monitor, there’s no need to look elsewhere — we’ve got you covered. No matter where you trade, we deliver accurate, reliable, and customized trading hours data to your specifications — all in one place. 


📄 Explore our product and download the full coverage list: 
🔗 Trading Hours – Know your trading window, down to the second 

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

📢 India: Maharashtra Government Declares September 8, 2025, as Public Holiday – Impact Across Financial Markets 

At Swaps Monitor, we proactively track and update our clients on market holidays and trading disruptions—ensuring you’re always in sync with the markets. 

As an example, today the Government of Maharashtra has declared Monday, September 8, 2025, as a public holiday under Section 25 of the Negotiable Instruments Act, 1881

This update will affect all major market segments, including: 

🔹 Government Securities Market 
🔹 Foreign Exchange Market 
🔹 Money Market 
🔹 Rupee Interest Rate Derivatives Market 
🔹 Equity Markets 
🔹 Derivatives Markets 

🔍 Why This Matters for Your Operations 

If you are involved in trading, settlements, or compliance, this change has direct implications: 

🔹Settlement cycle adjustments 
🔹Trade booking and reporting deadlines 
🔹Liquidity and funding operations 
🔹Regulatory and cut-off compliance 

Failing to reflect these changes in your systems could result in missed settlements, reconciliation errors, or operational bottlenecks

How We Helped Clients Stay Ahead

We’re proud of our rapid response to this announcement—informing clients well ahead of official sources and providing timely updates to ensure smooth operations.

🕒 Key Timings (All times approx., in IST):

  • We alerted clients: 4:53 PM IST
  • RBI circular released: 5:59 PM IST
  • We delivered updated files: 6:14 PM IST
  • Exchange Announcements:
    • NSE: 6:23 PM IST
    • BSE: 6:26 PM IST
    • MSEI: 8:28 PM IST

Thanks to this swift response, our clients gained an operational advantage, allowing them to make early adjustments to internal systems, processes, and communications. We remain committed to complementing the efforts of exchanges by providing timely, actionable updates to support smooth business continuity.


If you’re already a subscriber, no action is needed. If you’re not, now is a great time to explore how we can support your team in avoiding costly oversights. 

📩 Contact us at info@swapsmonitor.com to learn more or schedule a quick demo.