Why Projections Matter

At Swaps Monitor, our philosophy is simple: get it right the first time.

Every time a holiday changes, it costs our customers time and sometimes money. Settlement dates need to be reset, trade confirmations adjusted, valuations changed, and option expiry dates modified. We are very aware of these costs and invest heavily in getting it right in the first place.

A Case in Point

🗓️ Mumbai 2026 Holidays

India’s holidays are very complex – blending lunar and solar calendars with political decisions about which festivals to favor. Dates shift every year.

The official government holidays for 2026 in Mumbai were not announced until December, 2025. Yet we had already projected them correctly—no update required.

The Swaps Monitor Advantage

✔️ Nearly four decades of expertise
✔️ 50+ specialists, speaking 39 languages
✔️ Real-time monitoring
✔️ Over 70% of resources devoted to research
✔️ Four global offices covering all time zones
✔️ Proprietary algorithms built on deep knowledge

Anticipate. Plan. Trust.


📄 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 

The Year that was: 2025 Highlights

📊In Numbers

  • 42% of holiday changes were announced within 7 days of observance
  • New Year’s Day and Christmas Day were the most observed holidays worldwide
  • 32% of trading hours changes occurred on the same day
  • 67% of our trading hours markets observed irregular hours (early closes, halts, etc.) on at least one day
  • 19 exchanges experienced unplanned trading halts

🏆 Rankings

  • Most Bank Holidays
    1️⃣
    Iran — 35 days
    2️⃣ Maldives — 27 days
    3️⃣ Myanmar — 26 days
  • Stock Exchanges with the Most Available Trading Hours
    1️⃣
    Russia – 4,127 hours
    2️⃣ Kazakhstan – 2,500 hours
    3️⃣ Belgium, France, Luxembourg, Netherlands, Portugal, and Spain – 2,155 hours each

 📌 Highlights from our Journey

  • Partnered with leading exchanges, including BME, 24X, and Blue Ocean
  • Holiday coverage surpassed 2,000 financial centers
  • Expanded expiry dates coverage to 1,500+ contracts
  • Delivered trading hours for 3,000+ markets worldwide
  • Celebrated 38 years of delivering the most accurate and reliable data

💡 In 2026, we look forward to building stronger partnerships and providing our customers with data they can trust, always! 

Anticipate. Plan. Trust.


👉To learn more about the methodology behind these numbers, contact us at info@swapsmonitor.com.

📄 Explore our products: 

🔗 Holidays – Correctly anticipate future holidays
🔗 Trading Hours – Know your trading window, down to the second 
🔗 Expiry Dates – Never miss a deadline
🔗 Economic Events – Keep current on economic events

Do Weekends Matter? A Major Shift at the Tel Aviv Stock Exchange 

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. 


📄 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 

Bulgaria Adopts the Euro: Key Operational Impacts

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.


📄 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 

Coming Up on December 19: Triple Witching Day — A Potential Market Disruptor

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. 


📄 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 

NSE India & BSE India Introduce Pre-Open Session in Equity Derivatives: What Traders Need to Know

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.


Affected Swaps Monitor codes:

SM CodeContract 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 

BME’s European-Style Cash-Settled Stock Options: A New Alternative 

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. 


📄 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 

📢 CME Halt on Thanksgiving Highlights Trading Schedule Complexities

On Thanksgiving Day (November 27), CME markets experienced trading halts, further disrupting an already adjusted holiday trading schedule. While many assume holidays mean full market closures, several CME products were scheduled for trading on that day for the trade date of November 28.

At Swaps Monitor, we ensure that our customers have the correct trading times and trade dates —helping them stay fully aligned with market conditions.

Why It’s Significant

🕒 Global Trading Schedule Nuances: Many exchanges — from Hong Kong to the US — trade select contracts even on local holidays.
🌍 Cross-market Ripple Effects: Disruptions in one market can impact trading in others.
CME halts impacted trading on global exchanges, including Bursa Malaysia and CBOE Options Exchange.
📊 Strategic Edge: Accurate and reliable Trading Hours data empowers market participants to shape trading strategy, avoid misalignment risk, and capture every available trading window.

➜ Impact

This halt affected 450+ of our Trading Hours markets, including:
🔹 CMEM – Chicago Mercantile Exchange (E-Mini S&P 500 Futures)
🔹 KLSO – Bursa Malaysia (Crude Palm Oil Futures)
🔹 COEC – Cboe Options Exchange (VIX Index Options)

Stay in sync with global trading—down to session-level details.

Anticipate. Plan. Trust.


📄 Explore our product:

🔗 Trading Hours – Know your trading window, down to the second 

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

Perpetual Futures: The New Product on the Block 

Perpetual futures — often called perps — are the new trend in digital-asset trading. Unlike traditional futures, perps have no expiration date, allowing traders to hold positions indefinitely. 

At Swaps Monitor, we are committed to supporting your trading needs as new products emerge. We provide the trading hours, holiday calendars, and contract specs you need to trade with confidence. 

Available Perpetual Futures Products 

SM Code Contract Name
Col Coinbase Derivatives trade date holidays (Crypto contracts) 
COLG Coinbase Derivatives (nano Bitcoin Perp Style, 24×7 Futures) 
COLH Coinbase Derivatives (nano Ether Perp Style, 24×7 Futures) 
COLK Coinbase Derivatives (nano Solana Perp Style, 24×7 Futures) 
COLL Coinbase Derivatives (nano XRP Perp Style, 24×7 Futures) 

We publish information on new contracts upon request. If there is a product you would like us to add — holidays, trading hours, or expiry dates — just let us know. 

Anticipate. Plan. Trust. 


📄 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 

Two Weeks — Two Milestones! We Now Deliver Trading Hours for Over 3,000 Markets

Two weeks ago, we surpassed 1,500 contracts in our Expiry Dates product. 
This week, we achieved another major milestone: We now anticipate the open and close times for more than 3,000 markets worldwide

Whether you need auction times or continuous-trading windows, our Trading Hours product provides detailed session insights, including the most common activities in each session. 

Key Product Features 

  • Early closes and trading halts 
  • Up to 6 years in the future, plus extensive history 
  • Randomized open and close times 
  • Session functionalities 
  • T+ settlement windows 
  • Adjusted for daylight-savings changes 
  • Country, exchange, and product-ID filters 

With accurate and reliable trading hours data, Swaps Monitor empowers your global financial strategy. 

Anticipate. Plan. Trust.


📄 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