American Stock Exchange working hours (when it opens and when it closes)
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You are thinking of trading in the American market, but you do not know the working hours of the American Stock Exchange in your local time. Read on to find out the working, closing and holiday times.
The stock market or stock market is the measure of the economic health of a country. The world is a global economy in a way that makes trading operations take place on a global level as well. Investors and traders are always looking for opportunities to trade around the world using stock exchange or stock market as a medium. However, they can only do so during the trading hours of the stock exchange of the country in which they want to trade.
The stock market is an independent entity that has its own working time. A country’s stock market operates for pretty much the same time; However, this time may be dependent on local time. For example, in India the stock market operates from 9:15 AM to 3:30 PM. According to US Eastern Time, then the time is between 11:45 PM and 6 AM so Indian investors who want to participate in the US stock market have to trade in US time. The US stock market is open from 9:30 am to 4 pm EST and 7 pm to 1:30 am IST.
In this article, we will help you know everything related to the working hours of the American Stock Exchange so that you can trade in it comfortably, regularly and exactly from any Arab country you are.
What are the working hours of the US stock markets?
The normal trading hours for the US stock market, including the New York Stock Exchange (NYSE) and the Nasdaq Stock Exchange (NASDAQ), are from 9:30 am to 4 pm EST on weekdays (excluding stock market holidays). On early closing days such as the days immediately before or after a market holiday, regular stock trading ends at 1 p.m. ET.
However, trading can occur outside of normal stock market hours at times. For example, on normal days there is “pre-market” trading and while business hours vary, it can extend to 4am and continue to the market opening time of 9:30am. There are also ‘after hours’ sessions which usually run from 4-8pm.
Trading takes place on “Electronic Communication Networks” or ECNs where buyers and sellers are brought together directly rather than using a broker. While this type of trading used to be only available to large institutional buyers, today’s electronic brokers such as Fidelity and Charles Schwab facilitate this type of trading.
As for the weekends, there are no regular trading hours for stocks on Saturdays or Sundays. But if you see a headline on Sunday nights that stock futures are down, it’s because most futures contracts (including equity futures, but also oil, agricultural products, commodities, and other investments) start trading at 6pm ET on Sunday.
What are the working days of the US stock markets and when do they close?
Like most companies, the major stock markets in the US are only open for trading on normal business days i.e. from Monday to Friday excluding holidays. In terms of holidays, the New York Stock Exchange (NYSE) and the NASDAQ have very similar schedules to the federal government’s holiday schedule with a few exceptions that we’ll outline below:
The NYSE and NASDAQ are open on Veterans Day and Aboriginal Day (or the day they are celebrated).
The New York Stock Exchange and Nasdaq are closed on Good Friday.
The New York Stock Exchange and NASDAQ are closed for trading on the following holidays:
New Year’s Day.
Martin Luther King Jr. Day.
Presidents Day (Washington’s birthday).
The Great Friday.
Memorial Day.
Independence Day.
labor day.
Thanksgiving.
Yule.
Facts about trading on holidays:
Seasonality can play a huge role in a trading strategy sometimes. Some holidays in the US market provide periods of low trading volumes, as many investors and traders are preoccupied with holidays and family plans. Also, only a few business news can be published, which are often released just before the holiday as well.
The S&P 500 often trades with a loss on the last trading day of the year and with a gain on the first day of the new year. Trading days before and after January 1st can be affected by profit harvesting, tax losses and portfolio rebalancing.
Sometimes the order can be reversed, with an advance the day before the holiday and a decrease the next. There are usually gains on the Thursday before Good Friday and losses on the following trading day. Trading in the days leading up to and after Presidents Day is often done to cause losses. On the other hand, trading with gains can be done in the days following both Christmas and Thanksgiving.
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