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Trading Hours and
Holiday Calendar
2008 Holiday Calendar
DME
Trading and
Settlement Calendar 2008
Trading
for
Business
Day
DME
Settlement
(NYMEX
intra-day
Settlement)
DME
Post Close
Settlement
(NYMEX
Settlement)
Clearing
and
Banking
New Year
Tuesday,
Jan 1
Closed
No
No
No
Martin Luther King Day
Monday,
January 21
22/1/2008
Yes
No
No
Presidents' Day
Monday,
February 18
19/2/2008
Yes
No
No
Good Friday
Friday,
March 21
Closed
No
No
No
Memorial Day
Monday,
May 26
27/5/2008
Yes
No
No
Independence Day
Friday,
July 4
7/7/2008
Yes
No
No
Labour Day
Monday,
September 1
2/9/2008
Yes
No
No
Thanksgiving
Day
Thursday,
November 27
28/11/2008
Yes
No
No
Christmas Holiday
Thursday,
December
25
Closed
No
No
No
Note: The last trading day shall not be set for any Holiday (Singapore or NYMEX). Please see product definitions.
Although the DME has made every effort to ensure the
accuracy of the information contained herein, this
information is occasionally subject to change. All
entities are therefore encouraged to check the DME
website regularly for any updates.
Click
here to download the 2008
Holiday Calendar in pdf format.
To download the 2007 Holiday Calendar in pdf
format, please click
here.
Trading Hours
Markets trade electronically, opening at
6:00 PM, prevailing time in New York and closing at 5:15
PM New York time the next day, Sundays through Fridays –
the same as the NYMEX trading hours. Singapore is 13
hours ahead of standard time in New York and Dubai is 9
hours ahead. The time difference is reduced by one hour
when Daylight Savings Time is in effect in New York.
Neither Dubai nor Singapore observe Daylight Savings
Time. Settlement
A daily settlement price is published by the DME at
4:30 PM Singapore time.
The DME also publish a "post close" price at 2:30
PM in New York, which coincides with the close of the
NYMEX trading floor. The DME post-close price is
used by Clearing Members and the Exchange to calculate
the daily initial and variation margins on all NYMEX and
DME contracts.
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