Knowing when the stock market hours are in Canada can help you manage your portfolio better. You can know when you can buy and sell stocks, and be able to have your business instantly completed if you do it through the business hours they are open.
The Toronto Stock Exchange and the TSX Venue both operate on the same hours as the New York Stock Exchange, and are open from 9:30 AM to 4 PM, Eastern time Monday through Friday, and are closed on Saturday and Sunday. The times of operation are always to the minute, and you can find the NYSE clock online to be able to set your own clocks to it so you can be precise when you want to make deals on the nose.
In addition to the regular hours, the TSX has an extended time of being open. Monday through Friday, they continue to do business from 4:15 to 5 PM EST.
They are closed for Canadian holidays. This includes Christmas and Boxing day as well as Thanksgiving and Good Friday. If they fall on a weekend, typically the following Monday will be closed to observe them. They are also closed for additional holidays, and these are Labour Day, Victoria Day, Civic Day and Canada Day.
Because the security trade is closely aligned with the American market, they are also closed for some of the holidays celebrated there. These are Thanksgiving, Martin Luther King Day, their Independence Day on July 4th, and the American Memorial and Labor Days.
The stock market hours can help you learn when to trade your securities and can help you plan your strategy better. Knowing when they are open can offer you a variety of opportunities to be able to grab deals quickly, or sell them instantly since you know the brokers are on the job.
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