How To Trade The Nonfarm Payrolls Report With The Markets Closed Friday

Editor's note: This story has been updated to clarify the nonfarm payrolls report will be released at 8:30 a.m. Friday, April 7.

The weekly jobs report has the potential to have a significant impact on the markets, including the stock, bond and currency markets. But what happens when the report is released on a day when the the markets are closed, such as Good Friday?

The nonfarm payrolls report is scheduled for release at 8:30 a.m. ET Friday. 

In this case, investors may wonder how they can trade the report and take advantage of potential market moves.

One option for trading the jobs report this week is to trade currency markets. Forex markets are open 24 hours a day, five days a week, so even if the stock market is closed, you can still trade currencies.

Another option is to trade futures markets. Futures markets are also open outside of regular trading hours. The jobs report can impact a variety of futures markets, including stock index futures, commodity futures and currency futures. You can trade these markets on exchanges like the CME Group or the Intercontinental Exchange (ICE).

Lastly, you may be able to trade options markets outside of regular stock market hours. Depending on the exchange, you can trade options before and after regular market hours. For example, the Chicago Board Options Exchange (CBOE) allows for extended trading hours for options on certain underlying securities.

You can also trade options on futures contracts, which may be available for trading outside of regular stock market hours on futures exchanges.

Keep in mind that trading outside of regular market hours can be riskier than trading during regular hours. There may be lower liquidity, wider bid-ask spreads, and increased volatility. It's essential to use caution and have a solid trading strategy in place before entering any trades.

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