- This event has passed.
Is the Stock Market Open on Respect for the Aged Day 2026? TSE/JPX Hours
September 21
Is the Stock Market Open on Respect for the Aged Day 2026? TSE/JPX Hours
NYSE and Nasdaq are closed on Monday, for TSE/JPX Holidays.
Full schedule and background: TSE/JPX Holidays.
Updated
The Tokyo Stock Exchange closed as scheduled on Monday, September 21, 2026 for Respect for the Aged Day, while JPX’s derivatives night session ran a routine holiday trading session for index futures.
The Tokyo Stock Exchange (JPX) is closed on Monday, September 21, 2026 for Respect for the Aged Day, a national public holiday in Japan honouring elderly citizens. No cash equities, index futures or options trade on the exchange that day. Orders placed while the market is shut simply queue and are not executed until the exchange reopens. See the full TSE/JPX holiday calendar for the rest of the year.
Because Respect for the Aged Day falls on the third Monday of September, and Japan observes a rule that inserts a one-off “Citizens’ Holiday” (Bridge Day) whenever a single business day sits between two public holidays, the JPX will also be closed the following day, Tuesday, September 22, 2026. This creates a rare three-day run of closures heading into the Autumnal Equinox on September 23.
Which markets are closed on Respect for the Aged Day 2026?
| Market | Status | Notes |
|---|---|---|
| TSE/JPX equities | Closed | Regular hours are normally 9:00 am to 11:30 am and 12:30 pm to 3:30 pm JST |
| JPX derivatives (futures and options) | Closed | Index futures, Nikkei 225 options and other JPX-listed derivatives do not trade |
| New York Stock Exchange and Nasdaq | Open (regular hours) | The US holiday, Labor Day, falls earlier in September |
| London Stock Exchange (LSE) | Open (regular hours) | No UK public holiday coincides with this date |
| Euronext | Open (regular hours) | Normal trading across Amsterdam, Paris and other Euronext venues |
Is the market open the day before and after?
The last trading day before the closure is Friday, September 18, 2026, with regular hours. The JPX then remains shut for three consecutive sessions: Monday, September 21 (Respect for the Aged Day), Tuesday, September 22 (Citizens’ Holiday, also called Bridge Day) and Wednesday, September 23 (Autumnal Equinox Day). Trading resumes with normal hours on Thursday, September 24, 2026. There is no early close scheduled around this period; the exchange is either fully open or fully closed on each date.
Why do markets close for Respect for the Aged Day?
Respect for the Aged Day was established as a national holiday to honour elderly citizens and recognise their contribution to society. It was originally fixed on September 15 but moved to the third Monday of September in 2003 under Japan’s Happy Monday System, a policy designed to create long weekends by shifting certain holidays to Mondays.
Japan’s Citizens’ Holiday rule adds a further wrinkle: when a single working day falls between two public holidays, that day automatically becomes a holiday too. In 2026 this converts September 22, sandwiched between Respect for the Aged Day and the Autumnal Equinox, into an unscheduled market closure, extending the break to three days.
What It Means for Your Money
If you hold Japanese shares, ETFs or funds with Tokyo exposure through a UK, European or US broker, any order entered during the closure will simply wait in the queue and execute once the JPX reopens on September 24. Settlement of Japanese trades typically follows a T+2 cycle, so a trade placed just before the holiday run could settle a few days later than usual. Dividend record dates and options expiries that would normally fall within this window are adjusted by the exchange to the nearest open trading day, so check your broker’s notices if you hold Nikkei-linked derivatives. Domestic bank transfers and payroll processing in Japan also pause on public holidays, which can matter if you are managing yen-denominated accounts or pensions with Japanese exposure. Cryptocurrency markets are unaffected, since they trade continuously regardless of national holidays.
Remaining TSE/JPX holidays in 2026
- Citizens’ Holiday (Bridge Day), September 22, 2026
- Autumnal Equinox Day, September 23, 2026
- Sports Day, October 12, 2026
- Culture Day, November 3, 2026
- Labor Thanksgiving Day, November 23, 2026
- New Year’s Eve (Market Holiday), December 31, 2026
Frequently Asked Questions
Is the stock market open on Respect for the Aged Day 2026?
No, the Tokyo Stock Exchange is closed on Monday, September 21, 2026, along with all JPX-listed derivatives markets.
Is the market also closed the day after?
Yes, September 22, 2026 is a Citizens’ Holiday (Bridge Day), and September 23 is the Autumnal Equinox Day, so the JPX is closed for three consecutive sessions.
What time does the Tokyo Stock Exchange normally close?
On a regular trading day the JPX operates from 9:00 am to 11:30 am and 12:30 pm to 3:30 pm JST, split into a morning and afternoon session.
When is the next TSE/JPX market holiday after this one?
The next closure is the Citizens’ Holiday (Bridge Day) on September 22, 2026, immediately followed by the Autumnal Equinox Day on September 23, 2026.
Are Japanese banks open on Respect for the Aged Day?
No, Japanese banks observe the same national public holiday and are closed, along with most government offices.
Results: TSE/JPX Respect for the Aged Day 2026
| Measure | Consensus | Actual | Prior |
|---|---|---|---|
| Cash equities (TSE) | Closed (scheduled) | Closed, no trading Monday, September 21, 2026 | Closed for the equivalent 2025 holiday |
| Derivatives (Osaka Exchange, JPX) | Closed (scheduled) | Day session closed, but the night session ran a routine “holiday trading” session for index futures | Same holiday-trading pattern used since 2022 |
The Tokyo Stock Exchange closed exactly as scheduled on Monday, September 21, 2026 for Respect for the Aged Day. No cash equities changed hands on the main board, confirming the calendar entry published in advance by Japan Exchange Group (JPX).
One detail worth correcting from the standard holiday calendar view: JPX derivatives, run through Osaka Exchange, are not fully dark on this date. Since September 2022, Osaka Exchange and Tokyo Commodity Exchange have operated a “holiday trading” arrangement that keeps the night session open for instruments such as Nikkei 225 futures and options even when the day session is shut for a domestic holiday, because that overnight window overlaps with European and US trading hours. JPX confirmed on September 18, 2026 that this holiday trading applied across all three closed sessions, September 21, 22 and 23. The cash market itself, where most retail and institutional TSE-listed stock trades settle, remained fully closed on all three days, as reported separately by GuruFocus.
Market Reaction
There was no cash-equity price reaction to report because the Tokyo Stock Exchange simply did not trade shares on September 21, 2026. Any headline moves in Japanese stocks that day reflect futures and options activity on Osaka Exchange’s holiday night session rather than the underlying cash market, which stayed frozen at its September 18 close until trading resumed.
Globally, the closure had the usual low-impact, mechanical effect: London, European and US markets traded as normal, and any Tokyo-linked ETFs or ADRs listed abroad continued to price off the last available Japanese close plus overnight futures moves, rather than a fresh cash session.
What this means for your money now
The outlook for holders of Japanese equities, funds or pension exposure is unchanged by this closure. Orders placed on September 21 or 22 simply queued for execution when the TSE reopened; anyone trading Nikkei-linked futures overnight could still act via the Osaka Exchange holiday night session, but this does not alter the broader picture for savers or investors with Japan exposure through UK, European or US brokers.