(1) trading is generally thin on Canadian stock markets on a U.S. stock market holiday and prices can fluctuate more than usual. Trade with caution on these days.
(2) stock market holidays cannot be trade settlement days so planned sales and purchases must take these dates into consideration when planning trading cash flow.
(3) trading volumes are often high on the day before or the day after a stock market holiday which can often drive prices up or down depending on the direction of the market.
United States Stock Market Holidays 2009
All three major stock markets in the U.S. (New York Stock Exchange, NASDAQ, and the AMEX) will be closed completely on the following days in 2009. Partial and early closings follow:
New Year's Day January 1, 2009
Martin Luther King, Jr. Day January 19, 2009
Presidents Day February 16, 2009
Good Friday April 10, 2009
Memorial Day May 25, 2009
Independence Day July 3rd (observed)
Labor Day September 7, 2009
Thanksgiving Day November 26, 2009
Christmas Day December 25, 2009
Early U.S. Stock Market Closings in 2009
Both the New York Stock Exchange and the NASDAQ will cease trading at 1 pm on Friday, November 27 (the day after Thanksgiving) and Thursday, December 24th (Christmas Eve). On those days, the AMEX will cease trading those securities that normally stop trading at 4:15 pm at 1:15 pm and will begin accepting after-hours orders at that time.
Canada Stock Market Holidays 2009
The Toronto Stock Exchange and the TSX Venture Exchange will be closed on the following days in 2009:
New Year's Day January 1, 2009
Family Day February 16, 2009
Good Friday April 10, 2009
Victoria Day May 18, 2009
Canada Day July 1, 2009
Civic Day August 3, 2009
Labour Day September 7, 2009
Thanksgiving Day October 12, 2009
Christmas Day December 25, 2009
Boxing Day December 28, 2009
Published by Angie Mohr CA CMA - Featured Contributor in Business & Finance
Angie Mohr is a Chartered Accountant and Certified Management Accountant who has worked with thousands of business clients from home-based entrepreneurs to rock bands to celebrity chefs. She is also the auth... View profile
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3 Comments
Post a CommentGood to know.
Extremely helpful information, including how prices and trading volume are affected before and after stock market holidays.
Great article :)