CFDs are complex instruments. 74% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. CFDs are complex instruments. 74% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

London Stock Exchange to close for Queen’s funeral

A bank holiday on Monday 19 September means the UK’s stock exchange will close for the day.

News of the death of Her Majesty Queen Elizabeth II last week prompted investors to ask what the steps will be for UK markets.

London Stock Exchange expected to close

While trading continued as normal on the day of the passing of the monarch, it is expected that the London Stock Exchange will close, as is normal for a UK bank holiday.

This means there will be no cash market for the FTSE indices on those days, and so shorter trading hours for these markets may apply on the IG platform.

Bank of England meeting delayed

The Bank of England (BoE) has taken the decision to postpone its next monetary policy decision, originally expected to be held on 15 September.

The meeting has been moved back a week, so that it falls outside the period of official mourning announced last week upon the death of Her Majesty. The BoE added that usual bank holiday procedures would apply for the CHAPS and other payment systems.

Other markets remain open

The usual rules for bank holidays in the UK apply for other markets, such as FX, commodities and cryptocurrencies. These are expected to trade as normal throughout the day.


This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.

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