Stock trading on veterans day

Posted: kumarp Date: 17.06.2017

Bond pros are off for Veterans Day on Wednesday. Veterans Day, which is meant to pay homage to U. Back inVeterans Day was declared a legal holiday to be celebrated on Nov. Over the years, the date has shifted. That is one possible reason why observation of the holiday by the market is so spotty.

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Armistice Day was sort of amorphous at the start: Congress, in recognition of veterans of World War II and the Korean War. Nov 11 was maintained as the designated day. Inunder the so-called Uniforms Holiday Act, signed by President Lyndon B.

JohnsonVeterans Day was moved to the last Monday of October. Another change shortly followed. InPresident Gerald Ford moved the holiday back to Nov.

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That means the day on which the holiday is observed fluctuates, sometimes occurring outside of the regular workweek. Money never sleeps, at least in stocks. Bonds have historically been traded over the phone but computer-driven, electronic trading is permeating the fixed-income market too. The market used to observe Veterans Day with a brief two-minute shutdown from tobut that ended in As for the bond markets, they never officially shut down for Veterans Day, but the bond industry observes the holiday schedule recommended by the Securities Industry and Financial Markets Association, known as Sifma.

One simple explanation for the bond markets closure on Forex.com trading central Day may be the fact that the U.

Treasury Department is closed on the federal holiday. That means, Treasurys—a big chunk of typical trading activity on regular days and a key benchmark—are also forced to take a holiday. Other markets that are open on Veterans Day are ftr trading strategies markets and commodity markets.

Mark DeCambre is MarketWatch's markets editor.

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Which markets are closed on Veterans Day? - MarketWatch

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stock trading on veterans day

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stock trading on veterans day

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