Columbus Day, Veterans Day, And Thanksgiving Day: Trade Date — Settlement Date Schedule
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Internal Audit |
Syndicate |
Columbus Day: Trade Date — Settlement Date Schedule
The schedule of trade dates – settlement dates below reflects the observance by the financial community of Columbus Day, Monday, October 12, 1998. On this day, The Nasdaq Stock Market® and the securities exchanges will be open for trading. However, it will not be a settlement date because many of the nation's banking institutions will be closed.
| Trade Date | Settlement Date | Reg. T Date* |
| Oct. 2 | Oct. 7 | Oct. 9 |
| 5 | 8 | 12 |
| 6 | 9 | 13 |
| 7 | 13 | 14 |
| 8 | 14 | 15 |
| 9 | 15 | 16 |
| 12 | 15 | 19 |
| 13 | 16 | 20 |
Note: October 12, 1998, is considered a business day for receiving customers' payments under Regulation T of the Federal Reserve Board.
Transactions made on Monday, October 12, will be combined with transactions made on the previous business day, October 9, for settlement on October 15. Securities will not be quoted ex-dividend, and settlements, marks to the market, reclamations, and buy-ins and sell-outs, as provided in the Uniform Practice Code, will not be made and/or exercised on October 12.
Veterans Day And Thanksgiving Day: Trade Date — Settlement Date Schedule
The schedule of trade dates – settlement dates below reflects the observance by the financial community of Veterans Day, Wednesday, November 11, 1998, and Thanksgiving Day, Thursday, November 26, 1998. On Wednesday, November 11, The Nasdaq Stock Market and the securities exchanges will be open for trading. However, it will not be a settlement date because many of the nation's banking institutions will be closed in observance of Veterans Day. All securities markets will be closed on Thursday, November 26, in observance of Thanksgiving Day.
| Trade Date | Settlement Date | Reg. T Date* |
| Nov. 4 | Nov. 9 | Nov. 11 |
| 5 | 10 | 12 |
| 6 | 12 | 13 |
| 9 | 13 | 16 |
| 10 | 16 | 17 |
| 11 | 16 | 18 |
| 12 | 17 | 19 |
| 19 | 24 | 27 |
| 20 | 25 | 30 |
| 23 | 27 | Dec. 1 |
| 24 | 30 | 2 |
| 25 | Dec. 1 | 3 |
| 26 | Markets Closed | — |
| 27 | 2 | 4 |
Note: November 11, 1998, is considered a business day for receiving customers' payments under Regulation T of the Federal Reserve Board.
Transactions made on November 11 will be combined with transactions made on the previous business day, November 10, for settlement on November 16. Securities will not be quoted ex-dividend, and settlements, marks to the market, reclamations, and buy-ins and sell-outs, as provided in the Uniform Practice Code, will not be made and/or exercised on November 11.
* 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 of 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 in the column titled "Reg. T Date."