WASHINGTON, Nov. 24, 2015 – As always, federal holidays have an impact on trading and settlement dates in U.S. and Canadian markets. Here’s how things will work this week on Wall Street:
All U.S. markets—stocks, bonds and options—will not be open for regular trading or pre- or post-market trading hours on Thursday in the U.S. as markets will be closed for the Thanksgiving Day holiday.
Pre-market trading session will take place at its usual time, but U.S. stock, listed corporate bond and options trading will close early, at 1 p.m. EST. As a result of Friday’s early close in regular trading, U.S. after-hours trading will take place from 1:15 to 5 p.m. EST.
Canadian markets will be open on Thursday. But new orders or change orders placed after the close of U.S. markets Wednesday will route to the Canadian exchanges on Friday. Canadian markets are open for regular trading hours on Friday, but new or change orders placed after the early close of U.S. markets on Friday will route to the Canadian exchanges on Monday.
Regular way settlement dates for trading on U.S. markets will be adjusted to take into account the markets’ close on Thanksgiving Day, effectively adding one more business day to settlement. If you need the funds from an investment you’ve sold during the holding period encompassing the holiday, always check with your broker in advance to find out when these funds will become available to you.Click here for reuse options!
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