Multiple Exchanges. Multiple Changes. Are You Ready for the New Market Hours?

Between now and April 20, 26 exchanges will adjust their regular trading hours, including the Moscow Exchange, CME, ICE Futures Europe, Eurex, Tokyo Financial Exchange and Euronext Derivatives Paris.

Why the changes

• Holidays: The end of Ramadan will trigger a return to normal hours.
• Daylight Saving Time: Europe will shift clocks this weekend, impacting contracts worldwide.
• Extended Hours: Exchanges continue to expand access for participants.
• Session Reorganization: Structural changes result in the addition and deletion of sessions.

How to stay ahead

For any given trade data, our “New Hours” feature highlights new session times.

✅ No guesswork
✅ No surprises
✅ Clear visibility

In a world where timing is everything, stay ahead with our Trading Hours data.

Anticipate. Plan. Trust.


📄 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 

The Complexity of the Eid Al-Fitr Holiday

Eid Al-Fitr is not only one of the most important Islamic festivals, but also one of the most complex holidays.

  • It is a holiday in 79 countries
  • Holiday length ranges from 1 to 7 days
  • Decision-making bodies differ—governments, religious authorities, and sometimes even financial institutions

Adding to the complexity is the reliance on moon-sighting. The Quran states that the month begins when the new moon is sighted. Many countries interpret this literally, deploying teams of observers each month. The process is influenced not only by astronomy – latitude, longitude, crescent size – but also by terrain, weather, air pollution and local rules on optical aids.

This year, countries will begin moon-sighting on the evening of Wednesday, March 18 or Thursday, March 19. Depending on whether they see the moon, Eid Al-Fitr will generally start on Friday, March 20, or Saturday, March 21.

At Swaps Monitor, we have spent decades understanding the intricacies of the Islamic calendar and its associated holidays. Our approach combines a highly sophisticated projection model with real-time monitoring, enabling our customers to plan confidently in the face of this complexity.

Anticipate. Plan. Trust.


📄 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 

Upcoming: Nasdaq’s Nordic Power Contracts Migrate to Euronext 

Starting March 16, Nasdaq’s Nordic Power Contracts (excluding German contracts, which were suspended on March 9) will officially begin trading on Euronext Amsterdam. 

In addition to administrative changes, there are a number of operational changes: 

🗓️ Trading Sessions 
🔹 Regular trading hours remain unchanged. 
🔹 Two new sessions will be introduced: 
➡️ Opening call 
➡️ Uncrossing 
🔹  All sessions will, for the first time, be subject to randomization 

At Swaps Monitor, our data evolves with the markets – ensuring our customers stay informed of the changes that matter. 

Anticipate. Plan. Trust. 


📄 Explore our product: 

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

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

Political Instability & Market Disruptions 

In the wake of military activity in the Middle East, the initial impact was evident through exchange closures in Iran, Kuwait, and the UAE. Yet the impact has been broader, with volatility spreading across multiple markets. 

Circuit breakers — designed to pause trading during extreme volatility — were triggered multiple times this week: 

🗓️ March 2 

🔹 Pakistan Stock Exchange: Cash Equities and KSE-30 Index Futures 

🔹 Israel Stock Exchange: Cash Equities 

🗓️ March 3 

🔹 Colombo Stock Exchange: Cash Equities  

🗓️ March 4 

🔹 Stock Exchange of Thailand: Cash Equities 

🔹 Thailand Futures Exchange: Index Derivatives and Equity Futures 

🔹 Korea Exchange: Cash Equities and Index Derivatives 

🔹 Nextrade Korea: Cash Equities 

At Swaps Monitor, we monitor closures and halts in real-time – ensuring our clients stay informed and prepared, even in periods of heightened uncertainty. 

Anticipate. Plan. Trust. 


📄 Explore our product: 

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

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