NYSE and Nasdaq to Close on January 9th in Remembrance of Former Chairman Carter

Forex - The U.S. stock and options markets will be closed on January 9th due to the declaration of a National Day of Mourning for former President Jimmy Carter, who passed away on Sunday at the age of 100. President Joe Biden instructed that January 9th be a national day of mourning for Carter, the 39th President of the United States and a Nobel Peace Prize laureate in 2002 for his humanitarian work.

The Securities Industry and Financial Markets Association proposed an early closing for the U.S. bond market on January 9th at 2:00 PM ET/7:00 PM GMT. Intercontinental Exchange (ICE), which operates the New York Stock Exchange (NYSE), and Nasdaq separately announced that they will close their doors in honor of the 39th President. NYSE Group President Lynn Martin remarked that Carter came from "humble beginnings" and dedicated his life to public service and defending our freedoms. Martin added that the former president left behind "a lasting legacy of humanitarianism" even after leaving the White House in 1981.

ICE noted that the American flag, which flies above the NYSE, will be lowered to half-staff during the mourning period. Nasdaq President Tal Cohen described Carter as "an exemplary leader who tirelessly continued his efforts to improve the human condition even after his tenure in public office had ended."