A trading calendar provides information on when financial markets are open and closed. Other than that, they tell us when major financial events are scheduled to take place. This is crucial for traders because it helps them anticipate periods of high volatility and potential trading opportunities.
It not only lists the operational hours of different global financial markets, like the New York Stock Exchange, London Stock Exchange, and Tokyo Stock Exchange, but also includes important information such as public holidays, early closures, and time zone differences.
The trading calendar also often includes historical data that can be helpful for technical and fundamental analysis. Traders can look back at how markets have reacted to similar events in the past and make educated predictions about future performance.
In essence, a trading calendar acts as a tool for traders to stay informed, manage risk, and potentially optimize their strategies around predictable market events. Here’s an example: