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)
“We fetch fire and water, run about all day among the shops and markets, and get our clothes and shoes made and mended, and are the victims of these details, and once in a fortnight we arrive perhaps at a rational moment.”
—Ralph Waldo Emerson (1803–1882)