Trading reminder: Due to Martin Luther King Jr. Day, the US stock market will be closed for one day

BiyaPay
Published on 2025-01-17 Updated on 2025-01-17

Dear BiyaPay users:

January 20th (Monday) is “Martin Luther King Jr. Memorial Day”. We hereby inform you that the trading hours of the US stock market will be adjusted. Please pay close attention to the following information and arrange your investment and remittance plans reasonably.

Changes in trading hours

  • US stock market:

January 20th (Monday) is closed all day.

January 21st (Tuesday) normal trading.

Remittance service notification

During this period, BiyaPay’s remittance business will proceed normally.

Please note that there may be delays in the relevant remittance business. We suggest that you make arrangements in advance to avoid possible inconvenience.

Background

In January 1986, US President Ronald Reagan signed a decree designating the third Monday of January each year as Martin Luther King Jr. Day to commemorate the civil rights leader and designated it as a federal holiday. So far, there are only three instances in the US where personal commemorative days are designated as statutory holidays: Abraham Lincoln Day, George Washington Day (also known as Presidents’ Day), and Martin Luther King Jr. Day. Martin Luther King Jr. is the only non-US president to have received this honor, and the only African American to have it.

Martin Luther King Jr. was born on January 15, 1929 in Atlanta, Georgia, US. On August 28, 1963, he delivered his famous speech “I Have a Dream”. Under his and several civil rights leaders’ promotion, the US Congress passed the Civil Rights Act in 1964, declaring racial segregation and discrimination policies illegal. On April 4, 1968, Martin Luther King Jr. was shot in the throat by an assassin on a hotel balcony while leading a strike movement in Memphis, Tennessee, at the age of 39.

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Thank you for your trust and support for BiyaPay. If you have any questions or need further assistance, please feel free to contact us.

BiyaPay team

January 17, 2025

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