The third Monday of February is celebrated in the USA as a federal holiday: Presidents' Day. Established back in 1885 as president George Washington's birthday, it eventually evolved to be widely recognized as Presidents' Day since 1971. This year the holiday falls on February 17, 2020.
Since the holiday is held on Monday (interestingly, that was made intentionally to create more three-day weekends for the workers), a lot of US businesses, as well as US federal and state government offices, are closed or work on a shortened schedule. The usual trading sessions are also disrupted. For instance, The New York Stock Exchange (NYSE) will be closed on Monday and will resume working on Tuesday, February 18. NASDAQ is also going to be closed, along with the majority of the US banks.
Due to these changes, the IQ Option trading schedule will be impacted as well: some of the trading instruments will be unavailable and some will have their trading hours shortened. Here's the IQ Option trading schedule for February 17, 2020:
- Forex: normal hours
- US Stocks: closed
- Brent oil: normal hours
- WTI oil: 12:00 – 17:45 GMT
- Silver: 00:00 – 18:00 GMT
- Gold: 00:00 – 18:00 GMT
- Platinum: 00:00 – 17:45 GMT
- FX Options: normal hours (early closure is possible depending on market conditions)
Plan your trading activities accordingly.
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Risk warning: Financial products offered by IQ Option include CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.