Page 17 - Trading #101 Course – Part One: Trading Basics

TRADING #101 COURSE – PART ONE: TRADING BASICS /2017-10-06

Now, look at Table 2.4 to see a sampling of days and times when the NYSE was
actually closed or halted from 1914 to 2001 and the reasons for the closing, it’s very
interesting to see.

Table 2.4 Examples of NYSE Special Closings

Date(s) Period of Closing Reason for Closing
July 31, 1914 to Market completely closed Closed pending outbreak of World War I.
November 27, 1914 for over 4-months All restrictions were removed April 1, 1915.

September 16, 1920 Closed @ 12:00 noon Wall Street explosion.
May 21 - 28, 1928 Closed @ 2:00 pm every Shortened hours to allow offices to catch up
day for one week on work due to heavy volume.
August 4th, 1933 Closed @ 12:30 pm Gas fumes on trading floor.
February 20, 1934 Opened @ 11:00 am Delayed opening due to severe snowstorm.

November 22, 1963 Closed @ 2:07 pm Assassination of President John F.
Kennedy.
January 6-14, 1966 Closed @ 2:00 pm Shortened hours due to transit strike.

July 7, 1969 to Closed @ 2:30 every day Paperwork Crisis.
September 26, 1969 for over 2-months

August 9, 1976 Closed @ 3:00 pm Hurricane watch.
July 14, 1977 Closed all day Black out in New York City.
March 30, 1981 Closed @ 3:17 pm Assassination attempt on President
Reagan.
October 23-30, 1987 Closed @ 2:00 pm every Shortened hours following market fall of
day for one week October 19 and record breaking volume.
November 9-11, 1987 Closed @ 3:30 pm Shortened hours due to trading floor and
clerical staff strike.
December 18, 1995 Opened @ 10:30 am Delayed opening due to computer systems
trouble.
October 27, 1997 Closed @ 2:35 pm for Circuit breakers triggered for first time when
30-minutes DJIA dropped 350 points
September 11-14, 2001 Market completely closed Market closed after the terrorist attack on
for 4-days the World Trade Center in New York City.
The information on this table is taken from a link that has a list of every closing of the NYSE from 1885 through to
January 2011: http://www.nyse.com/pdfs/closings.pdf

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