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FYI / Which markets are closing early 7-3-14

posted on Jul 03, 2014 09:20AM

Which markets are closing early on Thursday for the July 4th holiday?

July 2, 2014, 2:21 PM ET

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Both the New York Stock Exchange and Nasdaq will close at 1 p.m. Eastern Time on Thursday, giving traders a three-hour head start on their July 4th weekend plans. The Securities Industry and Financial Markets Association recommends that the U.S. bond market close at 2 p.m.

Among commodities markets, Comex floor trading for metals futures and options will end at 1:30 p.m., while Nymex floor trading for oil will at 2:30 p.m. Floor trading won’t re-open until Monday. All trades on CME’s electronic Globex platform after 5 p.m. will not be cleared until Monday.

All U.S. markets and banks will be closed on Friday for the Independence Day holiday.

While the rest of the world is open for business on Friday, trading volume in many markets could suffer. Currency trading goes around the clock, but trading is expected to be thin without the presence of U.S. ttaders.