2015 Holiday stock market hours and settlement dates

2015 Holiday stock market hours and settlement dates

Here are dates times and rules for securities trading hours over the next two Christmas and New Year's holiday-shortened business weeks.

Santa in Chicago. * (Photo copyright Douglas Rahden. See info below.)

WASHINGTON, December 24, 2015 – Ho-ho-ho! Santa is bringing 2015’s beleaguered traders two trading days off this week and next, plus a little bit more. Stock trading around this time of year is an iffy thing. The market’s tendency is to go up (Santa Claus Rally) on thin trading. But this year’s short-sellers and panicked tax-loss sellers have made literal mincemeat out of the tradition.

That said, if you want to get in and out of stocks and bonds over the next few days, you’ll need to know when you can do it. Here’s a condensed list of rules, primarily pertaining to U.S. markets:

Thursday, December 24, 2015—Christmas Eve

  • U.S. equity, option, and corporate bonds listed on an exchange will close for trading today at 1 p.m. EST.
  • Fixed income trading (bonds, similar instruments) will close at 2 p.m.
  • After hours trading today will take place from 1:15 – 5 p.m. EST.
  • Canadian markets will close early at 1 p.m. EST.

Friday, December 25, 2015—Christmas Day

  • U.S. markets and banks are closed for this Federal holiday.
  • Canadian markets are closed.

Monday, December 28, 2015

  • U.S. markets are open.
  • Canadian markets are closed in observance of Boxing Day.
  • Dually listed Canadian stocks will trade in the U.S. markets on Monday, December 28, 2015.

Thursday, December 31, 2015—New Year’s Eve

  • Pre-market trading will take place at its standard time, 8 – 9:25 a.m. EST.
  • U.S. equity, option, and corporate bonds listed on an exchange will all trade on a normal schedule.
  • All other U.S. fixed income markets will close early at 2 p.m. EST.
  • After-hours trading will take place at its standard time, 4:15 – 8 p.m. EST.
  • Canadian markets are open as usual.

Friday, January 1, 2016—New Year’s Day

  • All U.S. markets are closed in observance of this Federal and bank holiday.
  • Canadian markets are closed.

Settlement dates for equity orders:

Trade Date Settlement Date
Tuesday, December 22, 2015 Monday, December 28, 2015
Wednesday, December 23, 2015 Tuesday, December 29, 2015
Thursday, December 24, 2015 Wednesday, December 30, 2015
Monday, December 28, 2015 Thursday, December 31, 2015
Tuesday, December 29, 2015 Monday, January 4, 2016
Wednesday, December 30, 2015 Tuesday, January 5, 2016
Thursday, December 31, 2015 Wednesday, January 6, 2016


Additional Information

Note: If you’re moving money as a result of available balances or settlement dates, cut-off times may vary for these transactions. Check in advance with your broker or financial adviser.

Delayed Pricing Data: due to heavy year-end processing, some market data at some brokerages may temporarily display previous business day pricing information such as in positions, balances, and so forth. As year-end data processing is completed, this situation will generally resolve quickly.

* Header photo via Wikipedia. The copyright holder of this file, Douglas Rahden, allows anyone to use it for any purpose, provided that the copyright holder is properly attributed. Redistribution, derivative work, commercial use, and all other use is permitted. ©Douglas Rahden.

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Terry Ponick
Biographical Note: Dateline Award-winning music and theater critic for The Connection Newspapers and the Reston-Fairfax Times, Terry was the music critic for the Washington Times print edition (1994-2010) and online Communities (2010-2014). Since 2014, he has been the Business and Entertainment Editor for Communities Digital News (CDN). A former stockbroker and a writer and editor with many interests, he served as editor under contract from the White House Office of Science and Technology Policy (OSTP) and continues to write on science and business topics. He is a graduate of Georgetown University (BA, MA) and the University of South Carolina where he was awarded a Ph.D. in English and American Literature and co-founded one of the earliest Writing Labs in the country. Twitter: @terryp17