/*
 Copyright (C) 2008 Srinivas Hasti
 Copyright (C) 2008 Dominik Holenstein

 This source code is release under the BSD License.

 This file is part of JQuantLib, a free-software/open-source library
 for financial quantitative analysts and developers - http://jquantlib.org/

 JQuantLib is free software: you can redistribute it and/or modify it
 under the terms of the JQuantLib license.  You should have received a
 copy of the license along with this program; if not, please email
 . The license is also available online at
 .

 This program is distributed in the hope that it will be useful, but WITHOUT
 ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS
 FOR A PARTICULAR PURPOSE.  See the license for more details.

 JQuantLib is based on QuantLib. http://quantlib.org/
 When applicable, the original copyright notice follows this notice.
 */

package org.jquantlib.time.calendars;

import static org.jquantlib.time.Month.April;
import static org.jquantlib.time.Month.December;
import static org.jquantlib.time.Month.January;
import static org.jquantlib.time.Month.July;
import static org.jquantlib.time.Month.May;
import static org.jquantlib.time.Month.November;
import static org.jquantlib.time.Weekday.Friday;

import org.jquantlib.lang.annotation.QualityAssurance;
import org.jquantlib.lang.annotation.QualityAssurance.Quality;
import org.jquantlib.lang.annotation.QualityAssurance.Version;
import org.jquantlib.lang.exceptions.LibraryException;
import org.jquantlib.time.Calendar;
import org.jquantlib.time.Date;
import org.jquantlib.time.Month;
import org.jquantlib.time.Weekday;

//  Brazilian calendar
/**
 * Banking holidays:
 * 
    *
  • Saturdays
  • *
  • Sundays
  • *
  • New Year's Day, JANUARY 1st
  • *
  • Tiradentes's Day, April 21th
  • *
  • Labour Day, May 1st
  • *
  • Independence Day, September 21th
  • *
  • Nossa Sra. Aparecida Day, October 12th
  • *
  • All Souls Day, November 2nd
  • *
  • Republic Day, November 15th
  • *
  • Black Awareness Day, November 20th
  • *
  • Christmas, December 25th
  • *
  • Passion of Christ
  • *
  • Carnival
  • *
  • Corpus Christi
  • *
* * Holidays for the Bovespa stock exchange *
    *
  • Saturdays
  • *
  • Sundays
  • *
  • New Year's Day, JANUARY 1st
  • *
  • Sao Paulo City Day, JANUARY 25th
  • *
  • Tiradentes's Day, April 21th
  • *
  • Labour Day, May 1st
  • *
  • Revolution Day, July 9th
  • *
  • Independence Day, September 21th
  • *
  • Nossa Sra. Aparecida Day, October 12th
  • *
  • All Souls Day, November 2nd
  • *
  • Republic Day, November 15th
  • *
  • Black Awareness Day, November 20th (since 2007)
  • *
  • Christmas, December 25th
  • *
  • Passion of Christ
  • *
  • Carnival
  • *
  • Corpus Christi
  • *
  • the last business day of the year
  • *
* * @author Srinivas Hasti * @author Dominik Holenstein */ @QualityAssurance(quality = Quality.Q3_DOCUMENTATION, version = Version.V097, reviewers = { "Richard Gomes" }) public class Brazil extends Calendar { /** * Brazil calendars */ public static enum Market { /** * Generic settlement calendar */ SETTLEMENT, /** * Bolsa de Valores de Sao Paulo */ BOVESPA } // // public constructors // public Brazil() { this(Market.SETTLEMENT); } public Brazil(final Market market) { switch (market) { case SETTLEMENT: impl = new SettlementImpl(); break; case BOVESPA: impl = new ExchangeImpl(); break; default: throw new LibraryException(UNKNOWN_MARKET); } } // // private final inner classes // private final class SettlementImpl extends Calendar.WesternImpl { @Override public String name() { return "Brazil"; } @Override public boolean isBusinessDay(final Date date) { final Weekday w = date.weekday(); final int d = date.dayOfMonth(); final Month m = date.month(); final int y = date.year(); final int dd = date.dayOfYear(); final int em = easterMonday(y); if (isWeekend(w) // New Year's Day || (d == 1 && m == Month.January) // Tiradentes Day || (d == 21 && m == Month.April) // Labor Day || (d == 1 && m == Month.May) // Independence Day || (d == 7 && m == Month.September) // Nossa Sra. Aparecida Day || (d == 12 && m == Month.October) // All Souls Day || (d == 2 && m == Month.November) // Republic Day || (d == 15 && m == Month.November) // Christmas || (d == 25 && m == Month.December) // Passion of Christ || (dd == em - 3) // Carnival || (dd == em - 49 || dd == em - 48) // Corpus Christi || (dd == em + 59)) { return false; } return true; } } private final class ExchangeImpl extends Calendar.WesternImpl { @Override public String name() { return "BOVESPA"; } @Override public boolean isBusinessDay(final Date date) { final Weekday w = date.weekday(); final int d = date.dayOfMonth(); final Month m = date.month(); final int y = date.year(); final int dd = date.dayOfYear(); final int em = easterMonday(y); if (isWeekend(w) // New Year's Day || (d == 1 && m == January) // Sao Paulo City Day || (d == 25 && m == January) // Tiradentes Day || (d == 21 && m == April) // Labor Day || (d == 1 && m == May) // Revolution Day || (d == 9 && m == July) // Nossa Sra. Aparecida Day // || (d == 12 && m == OCTOBER)-> not closed at the 12th October // All Souls Day // || (d == 2 && m == NOVEMBER) -> not closed at the 2nd // November // Republic Day // || (d == 15 && m == NOVEMBER) -> not closed at the 15th // November // Black Awareness Day || (d == 20 && m == November && y >= 2007) // Christmas Eve || (d == 24 && m == December) // Christmas || (d == 25 && m == December) // Passion of Christ / Good Friday || (dd == em - 3) // Carnival || (dd == em - 49 || dd == em - 48) // Corpus Christi || (dd == em + 59) // last business day of the year || (m == December && (d == 31 || (d >= 29 && w == Friday)))) { return false; } return true; } } }

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