Ultimate magazine theme for WordPress.

Reminder – Monday is a US holiday (21 February 2022)


Financial markets in the US will be closed on Monday. In observance of Presidents Day (AKA Washington’s Birthday).

  • Stock markets close
  • The Securities Industry and Financial Markets Association (Sifma) has recommended no trading in dollar-denominated securities (i.e. USTs etc)
  • FX markets will not be closed but liquidity will be sharply reduced

Ahead of Monday, though, on Friday (US time), there are $2.2 trillion of stock options expirations on Friday.

  • this is monthly event
  • $545 bn of derivatives across single stocks scheduled to expire (this is a Goldman Sachs estimate)
  • circa $985 bn of S&P 500-linked contracts
  • $165 bn in options over the SPDR S&P 500 ETF Trust (SPY)

US stocks shunted lower Thursday ahead of all this (and on other concerns of course:

Forexlive Americas FX news wrap: FX shrugs off rout in equities


holiday nyse 21 February 2022


Read More: Reminder – Monday is a US holiday (21 February 2022)