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Technical Notice

FINRA System Closures and Modified Hours for National Day of Mourning

January 02, 2025

In observance of the National Day of Mourning in honor of former President James Earl Carter, Jr., the FINRA equity facilities will be closed on Thursday, January 9, 2025. This closure includes the following systems:

  • ADF – the FINRA Alternative Display Facility
  • TRFs – the FINRA/Exchange Trade Reporting Facilities
  • ORF – the OTC Reporting Facility. Note: Member firms are advised that any OTC equity securities that normally would have had an ex-dividend date of Thursday, January 9, 2025, have been adjusted to Friday, January 10, 2025.

TRACE (Trade Reporting and Compliance Engine), which is FINRA’s facility for the reporting of over-the-counter transactions in eligible fixed income securities, will be open on Thursday, January 9, 2025, but will close early.  See the table below for a schedule of modified hours (these hours also apply to BTDS/ATDS/SPDS/144A). 

Market Session

Normal Hours

Modified Hours for Thursday, January 9, 2025

Regular Market Session

8 am ET to 5:15 pm ET

8 am ET to 1 pm ET

Post-Market Trading Session

5:15 pm ET to 6:30 pm ET

1 pm ET to 3:30 pm ET

Firms should refer to Regulatory Notice 24-18 for information relating to an unexpected close of the securities markets.

Thank you for your attention to this matter. Please contact FINRA Market Operations at (866) 776-0800 if you have any questions.