Canadian Stock Market Hours Of Operation
Knowing when the stock market hours are in Canada can help you manage your portfolio better. You can know when you can buy and sell stocks, and be able to have your business instantly completed if you do it through the business hours they are open.
The Toronto Stock Exchange and TSX Venue are open at 9:30 AM and close at 4 PM, Eastern time during the regular business week, with Saturday and Sundays having the exchange closed. They open precisely at the designated time and end, following the NYSE bells. You can find the time online and be able to set your own clocks to it to ensure you are on the exact time the markets are.
In addition to the regular hours, the TSX has an extended time of being open. Monday through Friday, they continue to do business from 4:15 to 5 PM EST.
Canadian markets are closed on nation holidays. These days are Christmas and Boxing Day, Thanksgiving and Good Friday. They are closed on the day they occur, unless they are on a weekend, and then Mondays are closed in observance of these holidays. Other days the market is closed is Civic Day, Family Day, Canada Day, Labour Day and Victoria Day.
Because many of the stocks are traded in the USA, they are also closed for additional days since it affects the markets worldwide. The days they are closed additionally are for Martin Luther King, Jr. Day, 4th of July, Memorial and Labor days and on the American Thanksgiving.
Knowing when the stock market hours are can help you trade more efficiently and help you determine your own personal strategy. You can be able to get in contact with a broker during these hours, and you can use them to your advantage by buying or selling when the market is opening or closing.
Article Source: FxTradingStock.com
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