Trading holiday
Market basicsA day the exchanges are closed and no settlement occurs.
In plain terms
A long weekend pushes your settlement further out. Sell days ahead of a deadline, not hours.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
A day the exchanges are closed and no settlement occurs.
A long weekend pushes your settlement further out. Sell days ahead of a deadline, not hours.