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)
“Dear, why should you command me to my rest,
When now the night doth summon all to sleep?
Methinks this time becometh lovers best;
Night was ordained together friends to keep.
How happy are all other living things,
Which though the day disjoin by several flight,
The quiet evening yet together brings,
And each returns unto his love at night.”
—Michael Drayton (1563–1631)