US Stock Market: NYSE Holidays and Market Hours
In this article, we shall be highlighting different NYSE Holidays and the market hours so that investors will be aware of them. It is not a gainsay that New York Stock Exchange (NYSE) plays important role not just is the US Stock market alone. Whatever happens in the New York Stock Exchange has the tendency of affecting the global stock market.
So, why do we need to choose NYSE Holidays and the market hours as a topic? According to Tradimo, “Share prices often rally ahead of long weekends and three-day holidays, such as Thanksgiving and Independence Day in the US.” It was explained further that the rally has been attributed to simple optimism and high spirits among traders. This fact was buttressed by Stockcharts in one of its articles where it was affirmed that historical research shows that stock prices often behave in a specific manner in each of the two trading days preceding stock market holidays. Quantpedia also talked about pre-holiday effects by referring to it as a calendar anomaly in equities as there is tendency for a stock market to gain on the day that precedes the stock market holiday. Quantpedia even went further by saying that research shows that market return during pre-holiday days is often more than 10 times larger than the average return during normal trading days. Therefore, if stock market holidays can have such impact on share prices, it makes sense that stock traders should know only be concerned about the market market hours. They should also know exactly what days are stock market holidays so that they can plan ahead.
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What are the US Stock Market Holidays?
US Stock Market Holidays are the days that the stock markets in the United States of America are closed. This means that there will not be trading activities on such days. It is not only peculiar to US Stock Market alone, it applies to all the stock market all around the world. The only difference is that each stock exchange observe their own holidays as it relates to the holidays in their specific countries. For instance, NYSE Holidays will be different from NSE Holidays. Therefore, if you an international investors and you trade in different stock exchanges, you will need to be conversant with the stock market holidays in respective countries.
NYSE Holidays
NYSE Holidays are in agreement with US public holidays. If you are an active trader on New York Stock Exchange, you will be conversant that the Exchange comprises NYSE American, NYSE Arca Equities, NYSE Arca Options, NYSE American Options, NYSE National, NYSE Bonds. Therefore, it is important to note that all these NYSE markets observe the same NYSE Holidays. However, on any day that NYSC closes early, NYSE Arca Equities hours may change slightly as a result of its extended trading day. To some extent, one can say that NYSE holidays are predictable as they usually agree with US holidays. In this article, we shall cover the NYSE Holidays for four years from 2017 to 2020. But we will break them into two years period each. I believe that the table will provide answers for people asking the following question.
- What days are the stock market closed in 2018?
- Is the stock market open on good friday?
- Is the stock market open on Christmas?
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NYSE Holidays 2017 and 2018
| HOLIDAY | 2017 | 2018 |
| New Year Day | Monday, January 2 | Monday, January 1 |
| Martin Luther King, Jr. Day | Monday, January 16 | Monday, January 15 |
| Washington’s Birthday | Monday, February 20 | Monday, February 19 |
| Good Friday | Friday, April 14 | Friday, March 30 |
| Memorial Day | Monday, May 29 | Monday, May 28 |
| Independence Day | Tuesday, July 4* | Wednesday, July 4* |
| Labor Day | Monday, September 4 | Monday, September 3 |
| Thanksgiving Day | Thursday, November 23** | Thursday, November 22** |
| Christmas | Monday, December 25 | Tuesday, December 25*** |
* Each market will close early at 1:00 p.m. (1:15 p.m. for eligible options) on Monday, July 3, 2017 and Tuesday, July 3, 2018. Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on this date. All times are Eastern Time.
** Each market will close early at 1:00 p.m. (1:15 p.m. for eligible options) on Friday, November 24, 2017, Friday and November 23, 2018, (the day after Thanksgiving). Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on these dates. All times are Eastern Time.
*** Each market will close early at 1:00 p.m. (1:15 p.m. for eligible options) on Monday December 24, 2018. Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on this date. Note that all times are Eastern Time.
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NYSE Holidays 2019 and 2020
| HOLIDAY | 2019 | 2020 |
| New Year Day | Tuesday, January 1 | Wednesday, January 1 |
| Martin Luther King, Jr. Day | Monday, January 21 | Monday, January 20 |
| Washington’s Birthday | Monday, February 18 | Monday, February 17 |
| Good Friday | Friday, April 19 | Friday, April 10 |
| Memorial Day | Monday, May 27 | Monday, May 25 |
| Independence Day | Thursday, July 4* | Friday, July 3* |
| Labor Day | Monday, September 2 | Monday, September 7 |
| Thanksgiving Day | Thursday, November 28** | Thursday, November 26** |
| Christmas | Wednesday, December 25*** | Friday, December 25*** |
* Each market will close early at 1:00 p.m. (1:15 p.m. for eligible options) on Wednesday, July 3, 2019 and Thursday, July 2, 2020. Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on this date. All times are Eastern Time.
** Each market will close early at 1:00 p.m. (1:15 p.m. for eligible options) on Friday, November 29, 2019 and Friday, November 27, 2020 (the day after Thanksgiving). Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on these dates. All times are Eastern Time.* Each market will close early at 1:00 p.m. (1:15 p.m. for eligible options) on Wednesday, July 3, 2019 and Thursday, July 2, 2020. Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on this date. All times are Eastern Time.
*** Each market will close early at 1:00 p.m. (1:15 p.m. for eligible options) on Tuesday, December 24, 2019 and Thursday, December 24, 2020. Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on this date. Note that all times are Eastern Time.
If there is going to be other holidays as circumstance may sometimes demand, NYSE will publish it on its website so that stock traders will not be caught unaware.
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NYSE Market Hours
NYSE sessions are divided into two namely Pre-opening session and core trading session. Pre-Open Session helps the exchange to arrive at the ideal opening price of a scrip for the current trading session. This session was introduced essentially to reduce the volatility that usually occurs at the beginning of the trading day. During pre-opening session, orders can be entered but they have to queue until the Core Opening Auction. The orders entered during the preopening session will help the exchange to arrive at opening price. Is the stock market open on weekends? No, NYSE market hours run through 9.30 a.m. to 4.00 p.m. on weekdays, that is, from Monday to Friday.
Find below the details.
NYSE Market Hours
| 6:30 a.m. ET | Pre-opening session |
| 9:30 a.m. to 4:00 p.m. ET | Core trading session |
| 9:30 a.m. ET | Core open auction |
| 3:45 p.m. to 4:00 p.m. ET | Closing imbalance period |
| 4:00 p.m. ET | Closing auction |
NYSE American Equities Market Hours
| 6:30 a.m. ET* | Pre-opening session* |
| 7:00 a.m. to 9:30 a.m. ET | Early trading session |
| 6:59 a.m. to 7:00 a.m. ET | Early open auction imbalance freeze period |
| 7:00 a.m. ET | Early open auction |
| 9:29:55 a.m. to 9:30 a.m. ET | Core open auction imbalance freeze period |
| 9:30 a.m. to 4:00 pm ET | Core trading session |
| 9:30 a.m. ET | Core open auction |
| 3:50 p.m. to 4:00 p.m. ET | Closing auction imbalance freeze period |
| 4:00 p.m. ET | Closing auction |
| 4:00 p.m. to 8:00 p.m. ET | Late trading session |
*Orders can be entered and will be queued until the Early Open Auction at 7:00 a.m. ET.
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NYSE Arca Equities Market Hours
| 3:30 a.m. ET* | Pre-opening session* |
| 4:00 a.m. to 9:30 a.m. ET | Early trading session |
| 3:59 a.m. to 4:00 a.m. ET | Early open auction imbalance freeze period |
| 4:00 a.m. ET | Early open auction |
| 9:29:55 a.m. to 9:30 a.m. ET | Core open auction imbalance freeze period |
| 9:30 a.m. to 4:00 p.m. ET | Core trading session |
| 9:30 a.m. ET | Core open auction |
| 3:59 p.m. to 4:00 p.m. ET | Closing auction imbalance freeze period |
| 4:00 p.m. ET | Closing auction |
*Orders can be entered and will be queued until the Early Open Auction at 4:00 a.m. ET.
NYSE National Market Hours
| 6:30 a.m. ET* | Pre-opening session* |
| 7:00 a.m. to 9:30 a.m. ET | Opening session |
| 9:30 a.m. to 4:00 p.m. ET | Core trading session |
| 4:00 pm to 8:00 pm. ET | Late trading session |
*Orders can be entered and will be queued until 7 a.m. ET
NYSE American Options Market Hours
| 9:30 a.m. ET – 4:00 p.m. ET | Equity Options |
| 9:30 a.m. ET – 4:00 p.m. ET | ETF Options |
| 9:30 a.m. ET – 4:15 p.m. ET | ETF Exceptions: DBA, DBB, DBC, DBO, DIA, EEM, IWM, IWN, IWO, KBE, KRE, MDY, MOO, QQQ, SLX, SPY, SVXY, UUP, UNG, UVXY, VIXY, XHB, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY, XME, XRT |
| 9:30 a.m. ET – 4:00 p.m. ET | Index Options |
| 9:30 a.m. ET – 4:15 p.m. ET | Index Exceptions: MNX, NDX |
| 9:30 a.m. ET – 4:15 p.m. ET | ETN Options: GAZ, OIL, VXX, VXZ |
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NYSE ARCA Options Market Hours
| 9:30 a.m. ET – 4:00 p.m. ET | Equity Options |
| 9:30 a.m. ET – 4:00 p.m. ET | ETF Options |
| 9:30 a.m. ET – 4:15 p.m. ET | ETF Exceptions: DBA, DBB, DBC, DBO, DBS, DIA, EEM, EFA, IWM, IWN, IWO, IWV, KBE, KRE, MDY, MOO, OEF, QQQ, SLX, SPY, SVXY, UNG, UUP, UVXY, VIXY, XHB, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY, XME, XRT |
| 9:30 a.m. ET – 4:00 p.m. ET | Index Options |
| 9:30 a.m. ET – 4:15 p.m. ET | Index Exceptions: MNX, NDX |
| 9:30 a.m. ET – 4:15 p.m. ET | ETN Options: AMJ, GAZ, INP, JJC, MLPN, OIL, VXX, VXZ, |
NYSE Bonds Market Hours
| 4:00 a.m. ET – 8:00 a.m. ET | Early trading |
| 8:00 a.m. ET – 5:00 p.m. ET | Core trading |
| 5:00 p.m. ET – 8:00 p.m. ET | Late trading |
Bond Auctions
Basically, New York Stock Exchange two daily bond auctions namely an Opening Bond Auction and a Core Bond Auction. Opening Bond Auction takes place at 4:00 a.m. ET and Core Bond Auction at 8:00 a.m. ET. Any order that is not executed in any of these auctions will then become eligible for continuous trading immediately after the auction.