Year-end Christmas and New Year’s holiday trading schedules

Year-end Christmas and New Year’s holiday trading schedules

Investor attention is turning to games and toys for girls and boys in Wednesday action. (Super Mario, anyone?) That said, here’s our year-end trading schedule.

Splash screen for "Super Mario Run," Nintendo's first game for smartphones. (Imagery and character, copyright Nintendo)

WASHINGTON, December 21, 2016 – As of the noon hour Wednesday, our three major stock averages are looking slightly anemic as traders’ and investors’ thoughts turn first toward the Christmas holiday weekend (now that we can call it that again) and the weeklong interregnum between then and New Year’s Day.

Maybe they’re all out shopping, or checking out the new “Super Mario Run” on their iPhones to see if that $9.99 charge to play the game’s “higher levels” is really worth it. Nintendo hopes that this is what users will conclude. But so far, numbers for the new game—which doesn’t provide any more goodies after the initial upgrade—aren’t looking so hot according to industry sources.

At any rate, since Wednesday trading has been deadly dull, at least for us, today would be a fine day to provide Wall Street’s Year-end trading schedule, which includes Christmas Day and New Year’s Day. That way, our readers will know when they can play in the market and when they can take some time off.

Keep in mind that since both Christmas and New Year’s fall on Sundays in 2016, actual trading holiday dates will be a bit nonstandard.

 

2016 Year-end Trading Schedule

Friday, December 23, 2016

  • Pre-Market Trading will take place at the usual time, 8 a.m. – 9:25 a.m. ET.
  • Equity, option and listed corporate bonds will trade during normal and customary hours.
  • Other U.S. fixed income markets will close early at 2 p.m. ET.
  • After Hours Trading will take place at its standard time 4:15 p.m. – 8 p.m. ET).
  • Canadian markets are open as normal.

Monday, December 26, 2016

  • The U.S. markets and most banks will be closed in observance of the national Christmas Day holiday today, given that the official holiday (December 25) falls on Sunday in 2016.
  • There will be no Pre-Market or After Hours Trading.
  • The Canadian markets are also closed for the same observance.
  • New or changed good-‘til-canceled (GTC) orders placed after the close of U.S. Markets on Friday, December 23, 2016 will route to the Canadian exchanges on Wednesday, December 28, 2016.
  • Day orders for Canadian stocks placed after the market close on Friday, December 23, 2016, will be cancelled out at the end of the business day on Tuesday, December 27, 2016.
  • Dually listed Canadian stocks will trade in the U.S. markets on Tuesday, December 27, 2016.

Tuesday, December 27, 2016

  • S. markets will be open as usual.
  • Canadian markets are once again closed in observance of Boxing Day, a Canadian national holiday.
  • Day orders for Canadian stocks will be cancelled out at the end of the business day.
  • Canadian GTC orders placed after the close of the U.S. Market on Friday, December 23, 2016 will route to the Canadian exchanges on Wednesday, December 28, 2016.
  • Dually listed Canadian stocks will trade in the U.S. markets on Tuesday, December 27, 2016.

Friday, December 30, 2016

  • Pre-Market Trading will take place at the usual time, 8 a.m. – 9:25 a.m. ET.
  • Other U.S. fixed income markets will close early at 2 p.m. ET.
  • After Hours Trading will take place at its standard time 4:15 p.m. – 8 p.m. ET).
  • Canadian markets are open as normal.

Monday, January 2, 2017

  • All U.S. markets and most banks will be closed in observance of the national New Year’s Day holiday today, given that the official holiday (January 1) falls on Sunday in 2017.
  • The Canadian markets are closed. Any new orders or change orders placed after the close of the US Market on Friday, December 30, 2016 will route to the Canadian exchanges on Tuesday, January 3, 2017.

 

Settlement Days:

Equity orders settle as follows:

Trade Date Settlement Date
Wednesday, December 21, 2016 Tuesday, December 27, 2016
Thursday, December 22, 2016 Wednesday, December 28, 2016
Friday, December 23, 2016 Thursday, December 29, 2016
Tuesday, December 27, 2016 Friday, December 30, 2016
Wednesday, December 28, 2016 Tuesday, January 3, 2017
Thursday, December 29, 2016 Wednesday, January 4, 2017
Friday, December 30, 2016 Thursday, January 5, 2017

 

Check with your broker if you require further information. Some brokerage customs and rules may vary with the generally observed schedule above.

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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