Month: December 2025

Over the past decade, there has not been a single year without at least one country changing its weekend. Another such change is approaching. 

📌 Effective January 4, 2026, the Tel Aviv Stock Exchange will change its trading weekend from Friday–Saturday to Saturday–Sunday.  

Key changes:  

🔹 Adjusted Friday trading hours 

🔹 Updated holiday rules when a holiday or its eve falls on Sunday 

🔹 Revised contract expiry date rules 

At Swaps Monitor, our product suite — Holidays, Trading Hours, and Expiry Dates— covers all these changes. We monitor them in real time and alert you immediately. 

Anticipate. Plan. Trust. 

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📄 Explore our product: 

🔗 Holidays – Correctly anticipate future holidays
🔗 Trading Hours – Know your trading window, down to the second 
🔗 Expiry Dates – Never miss a deadline

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

On January 1, 2026, the euro replaces the Bulgarian lev. Financial institutions must prepare for numerous operational adjustments, including around trading hours and holiday schedules.

🗓️ Key Dates and Adjustments

•           December 22, 2025 – Stock exchange operates under modified trading hours.

•           December 23, 2025 – January 4, 2026 – Stock exchange closed for trading.

•           Year-end holidays – Stock exchange settlement will follow the standard schedule, with additional holidays on December 31 and January 2.

•           January 2, 2026 – A good business day for EUR settlement, but a holiday for banks

At Swaps Monitor, we provide the data you need to be prepared for complex market transitions.

Anticipate. Plan. Trust.

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📄 Explore our products: 

🔗 Holidays – Correctly anticipate future holidays
🔗 Trading Hours – Know your trading window, down to the second 

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

Four times a year, US markets face Triple Witching – the simultaneous expiration of stock options, index options, and index futures. 

Traders must close, roll, or rebalance positions—often resulting in sudden bursts of buying and selling, rapid exposure shifts, and heightened volatility, often in the final trading hour. 

When markets operate under this kind of pressure, having accurate dates and times is essential for effective planning and risk management. 

At Swaps Monitor, we provide: 
✔️ Triple Witching dates 
✔️ Trading hours for all the relevant contracts 
✔️ Expiry dates and times 

Make informed decisions before the volatility arrives. 

Anticipate. Plan. Trust. 

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📄 Explore our product: 

🔗 Holidays – Correctly anticipate future holidays
🔗 Trading Hours – Know your trading window, down to the second 
🔗 Expiry Dates – Never miss a deadline

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

On December 8, NSE India and BSE India introduced a Pre-Open Session for the Equity Derivatives segment. The twist is that not all expiries are eligible.

🔹 What’s Affected

• Index & Stock Futures (not Options)
• Pre-open applies to current-month contracts
• Next-month futures become eligible during the last five trading days of the current-month expiry
• The session is divided into three: Order Entry → Order Matching/Confirmation → Buffer Period

🔹How Swaps Monitor Helps

• Enhanced Trading Hours Centers with clear segmentation
• The “Functionalities” feature in our Trading Hours data indicates allowed actions in each sub-session
• New: “Pre-Open Eligibility Day” in our Expiry Dates data shows exactly when each contract becomes eligible

These enhancements ensure our customers know exactly when each contract is eligible for pre-open and what activities are allowed during each session.

Market adjustments can be complex — we make them simple to navigate.

Anticipate. Plan. Trust.

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Affected Swaps Monitor codes:

SM Code	Contract Name
INSN	NSE Equity Futures
BMSB	BSE Index Futures
BMBSX	SENSEX Futures
INSSF	Cash-Settled Single Stock Futures
INSNI	Nifty 50 Futures
INSNK	Nifty Bank Futures
INFIN	Nifty Financial Services Index Futures
INSSG	Physically-Settled Single Stock Futures

📄 Explore our product: 
🔗 Trading Hours – Know your trading window, down to the second 
🔗 Expiry Dates – Never miss a deadline

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

Earlier this year, BME introduced the first standardized European-style cash-settled stock options in Europe—an important milestone for the region’s equity derivatives landscape. 

By combining European-style exercise with cash settlement, these contracts remove early-exercise risk and eliminate the operational issues arising from physical share delivery at expiry.  

As new alternatives emerge, we at Swaps Monitor help market participants stay current with the key components of smooth trading—holidays, trading hours, and expiry dates. Our forward-looking data gives the clarity they need to adjust quickly and operate with confidence as markets evolve. 

Swaps Monitor codes for BME contracts are available at: https://www.meff.es/ing/Financial-Derivatives/Vendor-Codes. 

Anticipate. Plan. Trust. 

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📄 Explore our product: 

🔗 Holidays – Correctly anticipate future holidays
🔗 Trading Hours – Know your trading window, down to the second 
🔗 Expiry Dates – Never miss a deadline

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