In business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2008, open from 9:30 AM Eastern Time to 4:00 PM Eastern Time. Trading days never take place on weekends. When a trading day ends, all share trading ends and is frozen in time until the next trading day begins. There are several other special circumstances which would lead to a shortened trading day, or no trading day at all, such as on holidays.
There are 252 trading days in a year.
Famous quotes containing the words trading and/or day:
“His farm was “grounds,” and not a farm at all;
His house among the local sheds and shanties
Rose like a factor’s at a trading station.”
—Robert Frost (1874–1963)
“The fox, he felt, had never seen his past disposed of like a fall of water. He had never measured off his day in moments: another—another—another. But now, thrown down so deeply in himself, into the darkness of the well, surprised by pain and hunger, might he not revert to an earlier condition, regain capacities which formerly were useless to him, pass from animal to Henry, become human in his prison, X his days, count, wait, listen for another—another—another—another?”
—William Gass (b. 1924)