Category: Uncategorized

As Europe and North America exited Daylight Saving Time over the past two weeks, global markets entered one of the most operationally complex periods of the year. What might appear to be a simple administrative shift triggers major adjustments across the trading landscape – influencing trading hours from Brazil to India.  

Clock changes reshape trading overlaps, liquidity patterns, and cross-market correlations. Many exchanges respond by realigning opening and closing times to accommodate new time gaps. 

Time accuracy provides a strategic edge. That’s why at Swaps Monitor, we make it effortless to stay ahead of every adjustment. We provide precise, real-time visibility into every DST change and every exchange trading window – down to the second. 

Affected markets include: 

SM Code	Contract Name
BMFC	B3 (Mini Ibovespa Futures)
BOVB	B3 (Cash Equities–Ibovespa & IBrX Indexes)
SGFK	ICE Futures Singapore (Mini WTI Crude Futures)
SGFM	ICE Futures Singapore (Mini US Dollar Index Futures)
IMEB	Multi Commodity Exchange of India (Gold Futures)
IMEW	Multi Commodity Exchange of India (iCOMDEX Bullion Index Futures)

…Plus more than 75 others. 

Anticipate. Plan. Trust. 

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📄 Explore our product: 
🔗 Time Zones – Easily convert past or future dates and times around the world
🔗 Trading Hours – Know your trading window, down to the second 

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

Reflecting our relentless commitment to expanding our coverage, this week our Expiry Dates product exceeded 1,500 futures and options contracts across 65+ global exchanges. 

From last trading days to safe-to-trade dates, our data helps you trade with confidence, manage exposure, plan rollovers, and avoid costly surprises. 

Our comprehensive, rigorously-maintained, and constantly-updated dataset covers every major sector—Energy, Power, Metals, Equity, Interest Rates, Agriculture, Currency, and Emissions. 

Key features: 

✅ Last trading days, delivery and notice days, and spot month position limits 
✅ Immediate updates 
✅ Holiday & early-close adjustments 
✅ Global time zone support 
✅ Fully customizable and backed by expert support 

Never miss a deadline!  

Anticipate. Plan. Trust. 

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

📩 Contact us at: info@swapsmonitor.com

Diwali is the biggest holiday of the year in India. Nonetheless, the Indian equity and futures markets are open for “Muhurat” trading for a portion of the day. 

Muhurat means “auspicious”. The session marks the first trades of the new Hindu year and symbolizes prosperity and good fortune. Muhurat sessions are typically an hour long—this year’s is on October 21 and starts at 1:45 pm IST.  

The date of Diwali is determined by the Hindu religious calendar. The time of the Muhurat session varies each year and is chosen as auspicious by Indian astrologers. 

The event will impact 58 of our Trading Hours markets, including: 

🔹INSN – National Stock Exchange of India (Equity Futures and Options)

🔹BMSD – BSE (USD-Based Currency Futures and Options)

🔹IMEB – Multi Commodity Exchange of India (Gold Futures)

🔹INSG – National Stock Exchange of India (Natural Gas (Henry Hub) Futures)

🔹INSK – NSE International Exchange (Currency Derivatives)

🔹NCDJ – National Commodity & Derivatives Exchange (Jeera Futures)

🔹GINA – SGX India Connect IFSC (Nifty 50 Index Futures).

At Swaps Monitor, we not only keep you informed of when this special session occurs but also provide the exact trading timings. 

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📄 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 

We are pleased to announce the addition to our global trading venue coverage of 24X National Exchange. The exchange launches on October 14.

At Swaps Monitor, we support seamless global trading by providing our customers with comprehensive, real-time data and round-the-clock support — ensuring they always have the information they need to stay ahead.

New Coverage Details:

• Holidays (Code: NES): 24X National Exchange trading holidays
• Trading Hours (Code: HMYA): 24X National Exchange (Cash Equities)

Everywhere you do business, we’ve got you covered!

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You can access our updated coverage using the links below:

Holidays Data
Trading Hours Data

For additional information or support, please contact us at info@swapsmonitor.com. 

Today, we celebrate us—our incredible team, our valued customers and our trusted partners.

For nearly four decades, we’ve been united by one mission: delivering the most accurate, reliable, and timely data humanly possible. From a small office to a global presence in New York, London, New Delhi, and Manila, we’ve grown into the world’s most trusted source for date and time related data.

We thank our dedicated team for their hard work, our customers for their trust, and our partners for their collaboration.

38 years. Countless milestones. One shared journey. Here’s to the road ahead!

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Learn more about our story and our team.

As of 12:01 AM ET on Wednesday, October 1, 2025, the U.S. federal government has officially entered a shutdown. This development has immediate implications for financial markets, particularly around the release of key economic indicators.

The Impact

Due to the suspension of federal funding, several government agencies may delay or pause the publication of economic reports. These data releases play a critical role in shaping:

• Market volatility
• Liquidity
• Trading strategies

📉 During the 35-day government shutdown in 2018, agencies such as the USDA, Bureau of Economic Analysis, and U.S. Census Bureau postponed key data releases.

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Potentially Affected Releases

Code	Report	Agency
USUCP	Crop Production	U.S. Department of Agriculture
USUGS	Grain Stocks	U.S. Department of Agriculture
WASDE	World Agricultural Supply and Demand Estimates	U.S. Department of Agriculture
USGDP	Gross Domestic Product	U.S. Bureau of Economic Analysis
USCEI	Durable Goods Orders	U.S. Census Bureau
USTRD	International Trade in Goods and Services	U.S. Census Bureau
USCER	New Residential Sales	U.S. Census Bureau
USRTS	Retail Trade Report (Monthly)	U.S. Census Bureau
USCEW	Wholesale Trade Report (Monthly)	U.S. Census Bureau
USHST	New Residential Construction	U.S. Census Bureau / HUD

➡️ Plus 10+ additional reports across price indices, labor markets, energy, agriculture, and housing sectors may also be affected.

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✅ How Swaps Monitor Keeps You Informed

At Swaps Monitor, we track every scheduled release and alert you to any changes in real time—so you can respond with confidence.

• Real-time monitoring of all economic data releases
• Immediate alerts for delays, changes, or disruptions
• Timely, actionable intelligence to support your trading and risk decisions

We keep you informed—when it matters most.

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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

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. 

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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 

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. 

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📄 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 

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.

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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. 

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