Description
NSE announces trading holiday for Currency Derivatives segment on January 15, 2026 due to Municipal Corporation Elections in Maharashtra.
Summary
NSE has declared Thursday, January 15, 2026 as a trading holiday for the Currency Derivatives segment due to Municipal Corporation Elections in Maharashtra. This circular partially modifies the earlier notification dated December 23, 2025 (reference: NSE/CD/71962).
Key Points
- Trading holiday declared for Currency Derivatives segment on January 15, 2026
- Reason: Municipal Corporation Elections in Maharashtra
- This is a partial modification to previous circular NSE/CD/71962 dated December 23, 2025
- All members are required to take note of this change
Regulatory Changes
Partial modification to the trading calendar previously announced in circular NSE/CD/71962 dated December 23, 2025. The exchange has added January 15, 2026 as an additional trading holiday.
Compliance Requirements
- All Currency Derivatives segment members must observe the trading holiday
- Members should update their trading calendars and systems accordingly
- No trading activity will be permitted on the Currency Derivatives segment on this date
Important Dates
- Circular Issue Date: January 09, 2026
- Trading Holiday Date: Thursday, January 15, 2026
- Original Calendar Circular Date: December 23, 2025
Impact Assessment
Market Impact: High - Complete trading halt for the Currency Derivatives segment affects all market participants including traders, brokers, and institutional investors.
Operational Impact: Members need to adjust their trading strategies, positions, and risk management plans to account for the market closure. Settlement schedules and delivery obligations may be affected. Market participants should plan their currency hedging activities accordingly to avoid any liquidity or exposure issues around this holiday.
Impact Justification
Trading holiday affects all Currency Derivatives market participants and trading operations for the entire day