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March/April 2024: Easter Holiday Season Trading Schedule

Forex traders should be aware of the Christian holiday season of Easter because it impacts market opening and arguably the market itself.

As the Forex market is mostly headquartered in London and New York, Forex traders should be aware of the Christian holiday season of Easter. You do not want to be trading in markets with exceptionally low levels of liquidity and volatility.

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    So, let us pick through the daily trading calendar, showing the usual hours most brokers will be shut or closed early, plus some advice about when and what to trade:

    Daily Trading Calendar

    Date
    Date Typical Early Closing Time (UTC / GMT)
    Advice
    Friday 29th March 2024 – GOOD FRIDAY
    The NYSE and NASDAQ will close – although it is not a public holiday in the USA - and some Forex / CFD brokers may shut down from approximately 5pm Tokyo time until Monday. Most will remain open, but trading in many equity markets will not be available.
    The entire day is a public holiday in Germany, Canada, the UK, Switzerland, Australia, and New Zealand, so trading the GBP, CAD, CHF, AUD, or NZD could be especially pointless. Markets remaining open, including the Forex market, generally tend to move little this day, with low liquidity, so it may be wise to avoid opening any new trades.
    Monday 1st April 2024 – EASTER MONDAY
    Almost all Forex / CFD brokers should be open. Several major markets will be closed today on this major holiday, with Japan, China, and Middle Eastern countries as the main notable exceptions. The UK, Switzerland, Australia, France, Germany, and Italy celebrate a public holiday today, so trading in the stock markets of these countries will not be available.
    The entire day is a public holiday in the UK, Switzerland, Australia, France, Germany, and Italy, so trading the GBP, CHF or AUD could be especially pointless. Markets remaining open, including the entire Forex market generally tend to move little this day, with low liquidity, so it may be wise to avoid opening any new trades until the US open.

    Bottom Line

    If you are celebrating, enjoy the holiday, and if you are not, do not try to enter new trades when major markets are thin. This is the daily calendar covering the holiday period. Even if you are not in a country that celebrates Easter, it is probably a good idea to take advantage of it and forget about trading on Friday 29th March and the first half of Monday 1st April, as strong price movements are unlikely to happen before the start of the US session on Monday 1st April. 

     

    FAQs

    Is the Forex market open during Easter?

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    Yes, the Forex market is open during Easter, but many currencies will be trading with very thin liquidity, making trading these currencies mostly pointless.

    Is the stock market open after Easter?

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    The only stock markets that will be closed the Monday after Easter, 1st April 2024, will be the stock markets of the UK, Switzerland, Australia, France, Germany, and Italy.

    Is Easter a stock market holiday?

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    Yes, in many countries, stock markets will be closed on 29th March and 1st April 2024, notably 29th March in the USA will see stock markets closed even though it is not a public federal holiday.

    Is trading closed at Easter?

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    Some markets will be closed on 29th March and 1st April 2024, representing the Easter holiday in many countries, but Forex / CFD brokers will be mostly open for trading.

    Adam Lemon
    About Adam Lemon

    Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.

     

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