Stock Market Holidays

By: Anne Durrell

There is nothing worse than actively trading in the stock market than to be suddenly faced with something you did not think about stock market holidays! Many people get caught with those, and while the rest of the world seems to be dealing in stocks, you must sit on your hands waiting for the holiday to be over in the United States.

Although all major countries have stock markets, and they all have holidays, this particular article will center on the stock market holidays that deal with closings in the United States. Although the author would like to not be repetitive, tedious and excessively informative, even the acknowledged holidays will be mentioned such as Christmas.

Each of the stock markets are affected by the holidays be they NYSE, Nasdaq, or AMEX. The following days are for the year, 2009. For instance, on New Year's Day, on January 1st, 2009 that is a holiday when the markets will be closed. Martin Luther King, Jr. Day is observed on January 19th, and Washington's Birthday also referred to as President's Day falls on February 16th. Good Friday is on April 10th, and that's followed by Memorial Day, May 25th.

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Independence Day will be observed not on July 4th, but on July 3rd in 2009. Labor Day is celebrated on September 7th, and Thanksgiving Day will fall on November 26th in 2009. Christmas Day will, as usual, be celebrated on December 25th.

However, even though those are the stock market holidays posted, there are going to be some exceptions to these. For instance on Independence Day, Thanksgiving Day as well as Christmas Day, the NYSE and NASDAQ will be closing trading early (at 1:00 PM Eastern Standard Time) on Friday, November 27th, 2009 (which is the day after Thanksgiving) and Thursday, December 24th, 2009, which is the day before Christmas.

AMEX on the other hand, due to stock market holidays, will end trading (1) for the products that on the whole generally cease trading at 4:00 p.m. at 1:00 p.m. and (2) for the products that on the whole generally cease trading at 4:15 p.m. at 1:15 p.m. The AMEX will begin to accept orders for after-hours trading at 1:15 p.m. and in this way, all eligible orders shall be executed by 1:30 p.m.

By tradition if a holiday falls on a Sunday, the NYSE will close the succeeding Monday. Of interest is the fact that on July 3rd, 1959, they adopted the policy that if a holiday falls on a Saturday, then they will not open for business on the preceding Friday. There is an exception to that though, that if it ends on a monthly or yearly accounting period then they will be open. Thus, even stock market holidays can be subject to change.

The NYSE trading floor closes early on Friday, November 27th, which is the day after Thanksgiving, as well as Thursday, December 24th, which is the day prior to Christmas. Their trading floor closes at 1 p.m. and Crossing Session 1's order entry will be set to begin at 1:15 p.m. with their order executions at 1:30 p.m. Crossing Sessions II will begin to be accepted starting at 1 p.m. for nonstop executions until 1:30 p.m. on those dates.

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Stock Market Holidays

stock market holiday calendar

Stock Market Holidays

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