#When does the stock market open professional#

In terms of the functional practicality of buying and selling stock, there is no reason that the stock market could not be open 24/7 today. However, since modern stock trades are handled by ECNs, the bustle of hundreds of floor traders crowding around a screen at the New York Stock Exchange is mostly symbolic and superfluous. The weekend gave these professionals the chance to take a break.

#When does the stock market open professional#

The “practical” reason stock markets close on the weekend is that the floor traders who traditionally handled trades could not work 24/7.īefore the widespread adoption of technology to handle trades, professional money managers were the entities that confirmed the bid price, ask price, and quantity between buyer and seller. Weekend Closings Are Stock Market Tradition There are a couple of reasons for this: 1. Why Are Stock Markets Closed on the Weekend?Īlthough nearly all contemporary stock trades are handled by electronic communication networks (ECNs) capable of working around the clock, the stock market continues to remain closed on the weekends. However, since 1985, there are pre-market (4:00 AM to 9:30 AM Eastern time) and after-hours (4:00 PM to 8:00 PM Eastern time) trading sessions available on all regular trading days that allow investors to place trades once regular market hours close. The stock market is also closed on most federal holidays, further limiting trading opportunities for investors. Does the Stock Market Close on Weekends?Īs mentioned above, the stock market is closed on weekends and is only open from 9:30 AM to 4:00 PM Eastern time, Monday through Friday. Wealthsimple Trade ($25 Bonus) Only in Canadaīelow, we will cover when the stock market is usually closed in detail and why they are typically not open on weekends.