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)
“Tradition! We scarcely know the word anymore. We are afraid to be either proud of our ancestors or ashamed of them. We scorn nobility in name and in fact. We cling to a bourgeois mediocrity which would make it appear we are all Americans, made in the image and likeness of George Washington.”
—Dorothy Day (1897–1980)