WASHINGTON, Sept. 2, 2015 – We’re back briefly this morning to remind you this morning that we have a national holiday—Labor Day—coming up on Monday. Given the violent whipsaw action we’ve seen in market over the past two weeks, we didn’t notice this incoming holiday until just this morning.
Given that trading will remain crazy, and perhaps even crazier given the long weekend where China and other market mischief-makers might have some fun while we in the U.S. can’t trade, it’s best to be aware of holiday trading rules each time a new holiday shows up.
Here are the particulars for Labor Day 2015 in the U.S. and Canada:
U.S.: On the Labor Day holiday Monday, all U.S. markets (equity, fixed income and options) will be closed to observe the holiday. Likewise on that day, there will be no pre-market or after-hours trading.
Canada: Canadians also celebrate the Labour Day holiday on Monday, albeit with a slightly different spelling. Canadian orders placed after the close of U.S. markets on Friday will be routed to the Canadian exchanges for execution on Tuesday.
Active traders should check with their brokers for any additional details. U.S. markets will resume regular trading on Tuesday.