Calendar of Events
Holiday Schedule | Trade Date--Settlement Date Schedule
NASDAQ OMX, NASDAQ Options Market and NASDAQ OMX PHLX Holiday Schedule
2010
| The NASDAQ Stock Market The NASDAQ Options Market |
NASDAQ OMX PHLX | ||
| January 1 | New Year's Day | Closed | Closed |
| January 18 | Martin Luther King Jr.'s Birthday (Observed) | Closed | Closed |
| February 15 | Presidents' Day | Closed | Closed |
| April 02 | Good Friday | Closed | Closed |
| May 31 | Memorial Day | Closed | Closed |
| July 5 | Independence Day (observed) | Closed | Closed |
| September 6 | Labor Day | Closed | Closed |
| November 25 | Thanksgiving Day | Closed | Closed |
| November 26 | Early Market Close* | TBA |
|
| December 24 | Christmas Day (observed) | Closed | Closed |
* NASDAQ will continue to send alerts to notifiy 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.
New Year's Day 2010
The securities exchanges will be closed on Friday, January 1, 2010, in observance of New Year’s Day.
| Trade Date | Settlement Date | Reg. T Date | SEC Extension Date |
| 12.24.09 | 12.30.09 | 01.04.10 | 01.14.10 |
| 12.25.09 | Markets Closed | -- | -- |
| 12.28.09 | 12.31.09 | 01.05.10 | 01.15.10 |
| 12.29.09 | 01.04.10 | 01.06.10 | 01.19.10 |
| 12.30.09 | 01.05.10 | 01.07.10 | 01.20.10 |
| 12.31.09 | 01.06.10 | 01.08.10 | 01.21.10 |
| 01.01.10 | Markets Closed | -- | -- |
| 01.04.10 | 01.07.10 | 01.11.10 | 01.22.10 |
Martin Luther King, Jr., Day 2010
The securities exchanges will be closed on Monday, January 18, 2010, in observance of Martin Luther King, Jr.'s birthday.
| Trade Date | Settlement Date | Reg. T Date | SEC Extension Date |
| 01.11.10 | 01.14.10 | 01.19.10 | 01.29.10 |
| 01.12.10 | 01.15.10 | 01.20.10 | 02.01.10 |
| 01.13.10 | 01.19.10 | 01.21.10 | 02.02.10 |
| 01.14.10 | 01.20.10 | 01.22.10 | 02.03.10 |
| 01.15.10 | 01.21.10 | 01.25.10 | 02.04.10 |
| 01.18.10 | Markets Closed | -- | -- |
| 01.19.10 | 01.22.10 | 01.26.10 | 02.05.10 |
Presidents' Day 2010
The securities exchanges will be closed on Monday, February 15, 2010, in observance of Presidents’ Day.
| Trade Date | Settlement Date | Reg. T Date | SEC Extension Date |
| 02.08.10 | 02.11.10 | 02.16.10 | 02.26.10 |
| 02.09.10 | 02.12.10 | 02.17.10 | 03.01.10 |
| 02.10.10 | 02.16.10 | 02.18.10 | 03.02.10 |
| 02.11.10 | 02.17.10 | 02.19.10 | 03.03.10 |
| 02.12.10 | 02.18.10 | 02.22.10 | 03.04.10 |
| 02.15.10 | Markets Closed | -- | -- |
| 02.16.10 | 02.19.10 | 02.23.10 | 03.05.10 |
Good Friday 2010
The securities exchanges will be closed on Friday, April 2, 2010, in observance of Good Friday.
| Trade Date | Settlement Date | Reg. T Date | SEC Extension Date |
| 03.26.10 | 03.31.10 | 04.05.10 | 04.15.10 |
| 03.29.10 | 04.01.10 | 04.06.10 | 04.16.10 |
| 03.30.10 | 04.05.10 | 04.07.10 | 04.19.10 |
| 03.31.10 | 04.06.10 | 04.08.10 | 04.20.10 |
| 04.01.10 | 04.07.10 | 04.09.10 | 04.21.10 |
| 04.02.10 | Markets Closed | -- | -- |
| 04.05.10 | 04.08.10 | 04.12.10 | 04.22.10 |
Memorial Day 2010
The securities exchanges will be closed on Monday, May 31, 2010, in observance of Memorial Day.
| Trade Date | Settlement Date | Reg. T Date | SEC Extension Date |
| 05.24.10 | 05.27.10 | 06.01.10 | 06.11.10 |
| 05.25.10 | 05.28.10 | 06.02.10 | 06.14.10 |
| 05.26.10 | 06.01.10 | 06.03.10 | 06.15.10 |
| 05.27.10 | 06.02.10 | 06.04.10 | 06.16.10 |
| 05.28.10 | 06.03.10 | 06.07.10 | 06.17.10 |
| 05.31.10 | Markets Closed | -- | -- |
| 06.01.10 | 06.04.10 | 06.08.10 | 06.18.10 |
Independence Day 2010
The securities exchanges will be closed on Monday, July 5, 2010, in observance of Independence Day.
| Trade Date | Settlement Date | Reg. T Date | SEC Extension Date |
| 06.28.10 | 07.01.10 | 07.06.10 | 07.16.10 |
| 06.29.10 | 07.02.10 | 07.07.10 | 07.19.10 |
| 06.30.10 | 07.06.10 | 07.08.10 | 07.20.10 |
| 07.01.10 | 07.07.10 | 07.09.10 | 07.21.10 |
| 07.02.10 | 07.08.10 | 07.12.10 | 07.22.10 |
| 07.05.10 | Markets Closed | -- | -- |
| 07.06.10 | 07.09.10 | 07.13.10 | 07.23.10 |
Labor Day 2010
The securities exchanges will be closed on Monday, September 6, 2010, in observance of Labor Day.
| Trade Date | Settlement Date | Reg. T Date | SEC Extension Date |
| 08.30.10 | 09.02.10 | 09.07.10 | 09.17.10 |
| 08.31.10 | 09.03.10 | 09.08.10 | 09.20.10 |
| 09.01.10 | 09.07.10 | 09.09.10 | 09.21.10 |
| 09.02.10 | 09.08.10 | 09.10.10 | 09.22.10 |
| 09.03.10 | 09.09.10 | 09.13.10 | 09.23.10 |
| 09.06.10 | Markets Closed | -- | -- |
| 09.07.10 | 09.10.10 | 09.14.10 | 09.24.10 |
Columbus Day 2010
The securities exchanges will be open for trading on Columbus Day, Monday, October 11, 2010. Therefore, it is considered a business day for receiving customers’ payments under Regulation T of the Federal Reserve Board. However, it will not be a settlement date becausemany of the nation’s banking institutions will be closed.
| Trade Date | Settlement Date | Reg. T Date | SEC Extension Date |
| 10.04.10 | 10.07.10 | 10.11.10 | 10.21.10 |
| 10.05.10 | 10.08.10 | 10.12.10 | 10.22.10 |
| 10.06.10 | 10.12.10 | 10.13.10 | 10.26.10 |
| 10.07.10 | 10.13.10 | 10.14.10 | 10.27.10 |
| 10.08.10 | 10.14.10 | 10.15.10 | 10.28.10 |
| 10.11.10 | 10.14.10 | 10.18.10 | 10.28.10 |
| 10.12.10 | 10.15.10 | 10.19.10 | 10.29.10 |
Veteran’s Day 2010
The securities exchanges will be open for trading on Veteran’s Day, Thursday, November 11, 2010. Therefore, it is considered a business day for receiving customers’ payments under Regulation T of the Federal Reserve Board. However, it will not be a settlement date becausemany of the nation’s banking institutions will be closed.
| Trade Date | Settlement Date | Reg. T Date | SEC Extension Date |
| 11.04.10 | 11.09.10 | 11.11.10 | 11.23.10 |
| 11.05.10 | 11.10.10 | 11.12.10 | 11.24.10 |
| 11.08.10 | 11.12.10 | 11.15.10 | 11.29.10 |
| 11.09.10 | 11.15.10 | 11.16.10 | 11.30.10 |
| 11.10.10 | 11.16.10 | 11.17.10 | 12.01.10 |
| 11.11.10 | 11.16.10 | 11.18.10 | 12.01.10 |
| 11.12.10 | 11.17.10 | 11.19.10 | 12.02.10 |
Thanksgiving Day 2010
The securities exchanges will be closed on Thursday, November 25, 2010, in observance of Thanksgiving Day.
| Trade Date | Settlement Date | Reg. T Date | SEC Extension Date |
| 11.18.10 | 11.23.10 | 11.26.10 | 12.08.10 |
| 11.19.10 | 11.24.10 | 11.29.10 | 12.09.10 |
| 11.22.10 | 11.26.10 | 11.30.10 | 12.10.10 |
| 11.23.10 | 11.29.10 | 12.01.10 | 12.13.10 |
| 11.25.10 | Markets Closed | -- | -- |
| 11.26.10 | 12.01.10 | 12.03.10 | 12.15.10 |
Christmas Day 2010
The securities exchanges will be closed on Friday, December 24, 2010, in observance of Christmas Day.
| Trade Date | Settlement Date | Reg. T Date | SEC Extension Date |
| 12.17.10 | 12.22.10 | 12.27.10 | 01.06.11 |
| 12.20.10 | 12.23.10 | 12.28.10 | 01.07.11 |
| 12.21.10 | 12.27.10 | 12.29.10 | 01.10.11 |
| 12.22.10 | 12.28.10 | 12.30.10 | 01.11.11 |
| 12.23.10 | 12.29.10 | 12.31.10 | 01.12.11 |
| 12.24.10 | Markets Closed | -- | -- |
| 12.27.10 | 12.30.10 | 01.03.11 | 01.13.11 |
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
