Calendar of Events


Nasdaq - U.S. Equity and Options Markets Holiday Schedule

2016 Holiday Status
January 01, 2016 New Year's Day (Observed) Closed
January 18, 2016 Martin Luther King, Jr. Day Closed
February 15, 2016 President's Day - U.S. Closed
March 25, 2016 Good Friday Closed
May 30, 2016 Memorial Day - U.S. Closed
July 04, 2016 Independence Day - U.S. (Observed) Closed
September 05, 2016 Labor Day - U.S. Closed
November 24, 2016 Thanksgiving Day - U.S. Closed
November 25, 2016 Early Close - U.S. 1:00 p.m.
December 26, 2016 Christmas Day (Observed) Closed

* Nasdaq will continue to send alerts to notify customers of days when the Market will close early. Please refer to those alerts for full information, including system operating times.

TradeDate—Settlement Date Schedule

Overview

Pursuant to Sections 220.8(b)(1) and (4) of Regulation T of the Federal Reserve Board, a broker-dealer must promptly cancel or otherwise liquidate a customer purchase transaction in a cash account if full payment is not received within five business days from the date of purchase or, pursuant to Section 220.8(d)(1), make application to extend the time period specified. The date by which members must take such action is shown below in the column titled “Reg. T Date.”

Similarly, SEC Rule 15c3-3 requires member organizations to take prompt steps to obtain possession or control of securities pursuant to paragraph (m) through a buy-in procedure or otherwise if securities are not received within 13 business days from the date of sale or, pursuant to paragraph (n), make application to extend the time period specified. The date by which members must take such action is shown below in the column titled “SEC Extension Date.”

Brokers, dealers and municipal securities dealers should use the settlement dates for purposes of clearing and settling transactions pursuant to the securities exchanges.

2016

Please view the FINRA 2016 Holiday Trade Date, Settlement Date and Margin Extensions Schedule.

More Information

Questions regarding the application of those settlement dates to a particular situation may be directed to the Corporate Data Integrity Department at:

  • +1 877 308 0523
    (U.S and Canada)
  • +1 203 926 3501

 

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