Trading day
The examples and perspective in this article deal primarily with the United States and do not represent a worldwide view of the subject. (January 2019) |
In
NYSE and NASDAQ
The NYSE and NASDAQ average about 252 trading days a year. This is from 365.25 (days on average per year) * 5/7 (proportion work days per week) - 6 (weekday holidays) - 4*5/7 (fixed date holidays) = 252.03 ≈ 252.
The holidays where the stock exchange is closed are
Up to three trading days (July 3, the day after Thanksgiving, and Christmas Eve) are shortened, i.e. the exchanges are open from 9:30AM–1:00PM, depending on where they fall in the calendar year (if July 3 or Christmas Eve fall on a weekend, the shortened day is simply skipped).
Juneteenth was added as a national holiday and market holiday on June 17, 2021.[2]
Trading day time zones
Each stock exchange has opening hours that are based on specific time zones. People can trade in these exchanges remotely using electronic trading platforms. For those trading in different parts of the world, there are unique trading days based on the hours associated with any given time zone. For example, NASDAQ is open 9:30–16:00 ET and anyone outside of the Eastern Time Zone will have a different trading day (for example, in Vancouver a trading day would run from 6:30–13:00). During the part of the year when North America is on standard time, it would be 17:30–24:00 in Moscow, and in Shanghai it would be 22:30–5:00.[3] Remote traders should find their trading hours based on the stock exchange's hours and time zone.
See also
- Extended-hours trading
- List of stock exchange trading hours
- List of stock exchanges
References
- ^ "NYSE: Holidays and Trading Hours". www.nyse.com.
- ^ "Rule Change to Make Juneteenth National Independence Day a Holiday of the Exchange" (PDF). SEC.gov.
- ^ "NASDAQ Stock Market Hours – Remote Prop Trading". trader2b.com. Retrieved 2017-04-13.