NYSE Market Hours
NYSE market hours are Monday through Friday from 9:30am to 4:00pm eastern time. The New York Stock Exchange is closed on Saturdays and Sundays and in 2011 will be closed for the following holidays: Martin Luther King, Jr. Day (January 17), Washington’s Birthday (February 21), Good Friday (April 22), Memorial Day (May 30), Independence Day (July 4), Labor Day (September 5), Thanksgiving Day (November 24), Christmas (observed on December 26).
After Hours Trading
Trading that happens after normal trading hours of the major exchanges, like the NYSE and the NASDAQ is known as after-hours trading. The development of electronic communications networks (ECNs) has enabled individual investors to partake in stock trading off hours, with a normal session running from 4pm – 8pm eastern time. In the absence of significant news regarding a stock, after-hours trading typically does not reflect the performance the stock will see in the next trading session.
General Information Regarding the NYSE
Located at 11 Wall Street in Lower Manhattan, the New York Stock Exchange (NYSE) is the world’s largest stock exchange with total market capitalization of NYSE listed companies exceed in $13 trillion and average daily trading volume in excess of $150 billion. Since 2007, the NYSE has been operated by an organization known as NYSE Euronext and the organization currently operates four rooms to facilitate trading.
Trading on the NYSE
Often referred to as the “big board”, the NYSE facilitates trading for stock buyers and sellers through a trading floor and auction format where traders work on behalf of investors. Specialist brokers, employed by a member firm of the NYSE, function as auctioneers to manage the auction environment and bring buyers and sellers together. Since 1995, the use of wireless handheld computers have served to assist traders in this process.
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The above information is educational and should not be interpreted as financial advice. For advice that is specific to your circumstances, you should consult a financial or tax advisor.
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