MATLAB: Fbusdate automatically includes holidays

fbusdateFinancial Toolboxfints

I'm running version R2012a, using fbusdate from fints I get the following
>> tempdate = fbusdate(2012, 01); datestr(tempdate)
ans =
03-Jan-2012
and similarly
>> tempdate = fbusdate(2010, 01, []); datestr(tempdate)
ans =
04-Jan-2010
which suggests the first day of the year is being counted as a holiday. I was under the impression you had to specify holidays using the 'Holiday' parameter? Is there some default list of holidays which are accounted for and then other holidays which need to be manually accounted for?

Best Answer

The documentation says that the default holidays are supplied by the holidays() function; see http://www.mathworks.com/help/finance/holidays.html