It’s that time of the year again and the holiday season is about to begin. Don’t forget that the stock market takes a holiday, too. If you’ve been meaning to place more trades this year, make sure you know your stock market holidays and early closing hours.
Be sure to check your local stock exchange, because the dates vary slightly in each region. Although the following dates are for 2009, basic trading holidays will hold for 2010 and 2011, too – only the day of the week it will fall on changes.
Last Days the Stock Market is Open in 2009
Nov. 26 – closed (NYSE)
Nov. 27 – close at 1pm (NYSE)
Stock markets are closed on Thanksgiving in the U.S. (Thursday, November 26) but reopen again on Friday (aka Black Friday). However, all other major exchanges (Toronto Stock Exchange, London Stock Exchange, etc.) will be trading as usual on November 26.
**The NYSE and related NYSE markets will also close early on Friday, November 27.**
Christmas and New Year’s
Dec. 24 – close at 1pm (NYSE, LSE)
Dec. 25 – all markets closed
Dec. 28 – closed (TSX, LSE)
Dec. 31 – close at 1pm (NYSE, LSE)
The NYSE and related NYSE markets (NYSE Euronext, NYSE Arca, etc.), as well as the London Stock Exchange, close early (at 1pm) on Thursday, December 24.
Most major exchanges will all be closed on Christmas Day, Friday December 25.
The Toronto Stock Exchange and the London Stock Exchange are closed on Monday, December 28 for Boxing Day. This means that the last trading days in Canada and the UK are December 29, 30 and 31 (Tuesday, Wednesday, Thursday).
December 31 (New Year’s Eve) is not considered a stock market holiday, however, and markets will be open, but for half-trading days. **The LSE, NYSE and related NYSE markets will close early on Thursday, December 31.**
When the Stock Markets Open in 2010
Jan. 1 – all markets closed
Jan. 4 – markets open
Although it falls on a Friday, New Year’s Day (January 1) is another holiday for North American stock markets. This means that once you include the weekend, the NYSE and TSX don’t open for trading again until 9:30 am (EST) on January 4, 2010.
Longer Than A Long Weekend
So there are two multi-day periods over the holidays when you won’t be able to trade any stocks: between Thursday afternoon Dec. 24 and Monday morning, Dec. 28 (or Tuesday, Dec. 29th in Canada, Australia, NZ and the UK) and between Thursday afternoon Dec. 31 until Monday morning, January 4th (adding a day and a half onto the weekend).
So make sure you do what you need to do on Dec. 24th and Dec. 31st. Three and a half days (or 4!) is a long time with no market news or updates on your stocks.
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