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Thanksgiving and Globex trading
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Thanksgiving and Globex trading

  #1 (permalink)
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grego's Avatar
 
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Thanksgiving and Globex trading

Does Globex close for your thanksgiving Holiday or do I have a bug in my system?

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  #3 (permalink)
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Here is the market hours for holiday CME Group Holiday Calendar
http://www.cmegroup.com/tools-information/holiday-calendar/files/2010-thanksgiving.pdf

Take your Pips, go out and Live.
Luke.
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grego View Post
Does Globex close for your thanksgiving Holiday or do I have a bug in my system?

CME is open on Thanksgiving during the night session and the first 2 hours of the regular session. For index futures it pauses from 11:30 EST until 6:00 PM EST. All trades executed on Thanksgiving are for trade date November 26, which means

- that Thanksgiving is not a separate session
- that trades executed on Nov 25 and Nov 26 will have the same settlement date

This also affects floor pivots:

- Friday's pivots are calculated from Wednesday's high, low and settlement
- Monday's pivots are calculated from high, low and settlement fo the two-day session Nov 25 + Nov 26

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Fat Tails View Post
CME is open on Thanksgiving during the night session and the first 2 hours of the regular session. For index futures it pauses from 11:30 EST until 6:00 PM EST. All trades executed on Thanksgiving are for trade date November 26, which means

- that Thanksgiving is not a separate session
- that trades executed on Nov 25 and Nov 26 will have the same settlement date

This also affects floor pivots:

- Friday's pivots are calculated from Wednesday's high, low and settlement
- Monday's pivots are calculated from high, low and settlement fo the two-day session Nov 25 + Nov 26


I think your indicator takes care of these specificities, is it not ?

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trendisyourfriend View Post
I think your indicator takes care of these specificities, is it not ?

It should, would appreciate if you can verify that it works as expected! All indicators that use sessions and have fields to enter the holiday dates should theoretically cope with it, but I would be not be astonished, if somebody is able to to find a little bug. There are only few occasions per year to test this.

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