The precise number of trading days in a month is noteworthy for the stock traders. It not only helps the day traders to determine the potential numbers of trading days to draw money from the foreign exchange but also helps to make trading journals, indicators, and strategies for the upcoming days.
Let’s find out: How many trading days in a month?
There are 21 trading days in a month on average. The number of trading days may differ slightly each month depending on the number of weekends and observed holidays. This year, February has the fewest 19 trading days whereas March and August have the highest 23 trading days.
The regular trading hours for the New York Stock Exchange and NASDAQ Stock market starts from 9:30 am to 4 pm Eastern time from Monday to Friday. Hence, the US stock exchange has one or two more holidays as compared to other countries.
But on average, there are 252 trading days for the US stock market. However, during short trading hours, the stock market closes early at 1 pm and the bond market closes early at 2 pm.
Stay with us to know more about trading days.
What Are Trading Days?
How many trading days are there in a week? Can you trade all week long? Many questions come to your mind when you deal in forex trading and aspire to plan your trading days. Let’s find out first:
What are trading days?
Trading days for a particular stock market, are days during which the foreign exchanges stay open for trading. In the US, trading days start from Monday to Friday from 9:30 am to 4 pm Eastern Time.
On the Nasdaq Exchange and New York Stock Exchange, the stock market is open during weekdays and remains close on weekends. On certain occasions, the market may not open either there will be short trading hours or a full holiday due to state functions or public holidays.
How Many Trading Days In A Month
Typically there are 30 to 31 days in a month whereas February has the smallest 28 days but 29 in case of the leap year.
How many forex trading days are in one month?
On average, for the US stock market, the number of trading days in a month is 21. However, these numbers are not fixed but rather slightly vary each month. For instance, in this year, there were 20 trading days in January and 19 in February.
When a trading day ends, forex trading stops and freezes until the next trading day.
How Many Trading Weeks Are In A Month
Generally, there are 5 trading days in a week and a new week starts on Monday and ends on Friday. Forex market close on the weekends and so, there is no sale or purchase on Saturday and Sunday.
Generally, there are four trading weeks in a month and Time. If a working week starts from weekends, there might be five weekends and fewer working days in that month. On average, there are 21 working days in a month and you can trade efficiently during these working days.
Though the trading weeks in a month are four and the market doesn’t need to remain open for the whole week. There might be an occasional holiday or state funerals and some unexpected holidays. But the stock market never closes for the whole week except for one or two holidays.
How Many Trading Weeks In A Year
How many trading weeks are in one trading year in the US?
In the US, there are always 52 trading weeks in a year and the stock market is open from Monday to Friday 9:30 am to 4 pm according to Eastern Time.
There is not a single non-trading week in the year. But some a week may get squeezed because of an upcoming holiday like Good Friday, Juneteenth National Independence Day, and Labour Day.
How Many Trading Days In One Month In The US
The opening hours of each stock exchange are based on a specific time zone. Electronic trading platforms are best for those who want to trade with these stock exchanges from distant areas.
The US stock market opens 21 trading days per month or 63 days per quarter on average. But these trading days may differ slightly each month. For instance, last year, January and February have the smallest numbers of trading days 19, and March has the highest number of 23 trading days.
How Many Trading Days In A Year
How many trading days the stock market is open in a year?
According to the NYSE and NASDAQ, the US stock market is open for 253 trading days in a year on average. This year, the stock market is open for trading precisely for 252 days out of 365 days. While other days are either weekends or fixed holidays.
Forex market is open five days a week for trading during the trading hours from 9 am to 4 pm Eastern Time.
How Many Trading Days In a Month In this year
Generally, the number of trading days varies each month. There is an average of 21 trading days in a month this year. According to the NYSE and NASDAQ, the precise number of trading days in each month for the year is given below:
Precise Number of Trading Days Each Month in this year
Name of Month | Trading Days Monthly | Trading Days Quarterly |
Jan | 20 | |
Feb | 19 | |
March | 23 | 62 |
April | 20 | |
May | 21 | |
June | 22 | 63 |
July | 20 | |
Aug | 23 | |
Sep | 21 | 64 |
Oct | 21 | |
Nov | 21 | |
Dec | 21 | 63 |
Total Trading Days | 252 | 252 days |
Frequently Asked Questions
How many business days are in this year?
The number of business days is precisely 251 working days in the US, last year. February has 19 days, whereas March and August have the most 23 business days. There are 105 weekend days (Saturday and Sunday) and 9 are Public or international Holidays. You can also calculate the trading days of this year as given below:
Total days in a year = 365-105 = 260-9=251 weekdays or trading days.
Why does the number of trading days in a month vary?
The number of trading days in each month deviates because of certain factors.
- Generally, a month has four weekends but if a month starts from a weekend, there may be five weekends. So, trading days will be reduced in that month.
- Sometimes a month starts with a weekend and also has had holidays. As there were only 19 trading days in January last year.
- Lastly, the market may close due to the unexpected state funerals.
Bottom Lines
We assure you that from the above post you can easily figure out all about trading days, the number of trading days in a month, and this year. On average, you can conduct all sorts of forex trade effectively for 21 days each month.
Now you can manage your trading account and schedule accordingly. Apart from weekends and planned holidays, the NYSE may close early or shut up for the whole trading day in response to the sudden death or funeral of a state president or any other unexpected important occasion.