How the exchange operates during the May holidays in 2021, and trading restrictions

May 2021 gave us the gift of a rather long weekend, but the stock market is operating under its own rules.

Therefore, many traders are interested in how the exchange operates during the May holidays in 2021, in order to organize the process of opening trades as efficiently as possible.

Let's start with the fact that the changes will primarily affect trading in currency pairs such as USDRUB, EURRUB, and assets traded exclusively on Russian exchanges.

This year, May 1 and 2, 2021, fall on a Saturday and Sunday, so trading is closed for all assets except cryptocurrency pairs at some brokers.

 Restrictions will also apply on May 3 and 10. During the May holidays in 2021, trading will be conducted according to the following schedule:

• May 1, 2, 3 – trading is closed for all assets except cryptocurrencies.
• On May 4, the exchange operates as usual.
• Trading is closed on May 10th, except for cryptocurrencies.

There may also be some exceptions to the above schedule; please check the trading schedule on the brokers' websites .

Don't forget to close your trades before the holidays, as the swap for rolling over trades will be charged at a rate of four times the original amount.