Is the Stock Market Open on Boxing Day (In Lieu) 2026? TSX Hours
December 28
Is the Stock Market Open on Boxing Day (In Lieu) 2026? TSX Hours
Toronto Stock Exchange are closed on Monday, for Boxing Day (In Lieu).
- Next holiday
- New Year's Day, January 1, 2027
- Regular hours
- 9:30 am to 4:00 pm ET
Full schedule and background: TSX Holidays.
Updated
The Toronto Stock Exchange is closed on Monday, December 28, 2026, for Boxing Day (In Lieu). Because Boxing Day itself, December 26, 2026, falls on a Saturday, the TSX observes the holiday on the following Monday instead, a common practice among North American exchanges when a statutory holiday lands on a weekend. Any orders placed while the market is shut will simply queue and be processed when trading resumes. For the full run of dates, see the TSX holiday calendar.
Investors holding Canadian equities, ETFs or TSX-listed options should expect no price movement, no order execution and no new trade settlement on this date. Anyone trying to buy or sell shares on the TSX that day will find their broker’s platform accepting orders only for later execution, not immediate fills.
Which markets are closed on Boxing Day (In Lieu) 2026?
| Market | Status | Notes |
|---|---|---|
| TSX equities | Closed | Boxing Day observed in lieu |
| TSX Venture Exchange | Closed | Follows TSX holiday schedule |
| Canadian bond market | Likely closed | Canadian fixed income desks typically follow the same holiday, though this is not separately confirmed by an official calendar |
| Montreal Exchange (derivatives) | Closed | Follows the same statutory holiday schedule as TSX |
| NYSE and Nasdaq (US) | Open (regular hours) | US markets do not observe a Boxing Day holiday and trade normally |
| London Stock Exchange (LSE) | Closed | UK observes its own Boxing Day bank holiday, typically the same week |
| Euronext | Closed | Most European venues close for the same period around Christmas and Boxing Day |
| Tokyo Stock Exchange (TSE) | Open (regular hours) | Japan does not observe Boxing Day; markets trade as normal |
Is the market open the day before and after?
The trading day before this holiday is Friday, December 25, 2026, which itself falls on Christmas Day, a separate TSX holiday. That means the TSX is closed on both Friday, December 25 and Monday, December 28, giving Canadian investors an extended break either side of the weekend. The TSX Christmas Day closure covers that Friday in detail. Trading resumes at regular hours, 9:30 am to 4:00 pm ET, on Tuesday, December 29, 2026, the next full session. The TSX has not published any early-close arrangement around this holiday, so there is no shortened session to plan around on the days immediately before or after.
Why do markets close for Boxing Day?
Boxing Day, December 26, has been a public holiday in Canada and much of the Commonwealth for well over a century, originally associated with giving gifts or boxes to servants and tradespeople the day after Christmas. It remains a statutory holiday in most Canadian provinces, and the TSX, like other exchanges, closes to align with the broader public holiday calendar rather than opening for a session few staff or clients would use.
When a statutory holiday such as Boxing Day falls on a weekend, exchanges commonly shift the closure to the nearest working day so that staff, brokers and market infrastructure providers still receive the day off. That is why 2026 sees the closure fall on Monday, December 28, rather than the calendar date itself.
What It Means for Your Money
If you have a standing order or a trade queued through a Canadian broker for December 28, 2026, it will not execute until the market reopens on December 29. Settlement, which in most markets now happens one business day after the trade (known as T+1), will also be pushed back accordingly, so anyone relying on cash from a sale to clear by a specific date should build in the extra day.
Dividend payment dates and options expiry schedules tied to TSX-listed securities are adjusted around exchange holidays, so check with your broker or the company’s investor relations page if a payment or expiry was expected close to this date. Canadian bank branches generally follow their own statutory holiday schedule, which may or may not exactly mirror the exchange calendar, so bank transfers and payroll processing could also see a one-day delay. Cryptocurrency markets, unlike the TSX, trade continuously and are unaffected by this or any other exchange holiday.
Remaining TSX holidays in 2026
No further TSX holiday dates for 2026 were confirmed in the schedule reviewed for this page beyond Boxing Day (In Lieu). The next confirmed closure on the TSX calendar is New Year’s Day, January 1, 2027. For the complete and most current list, consult the TSX holiday calendar or the exchange’s own published calendar.
Frequently Asked Questions
Is the stock market open on Boxing Day (In Lieu) 2026?
No. The Toronto Stock Exchange is closed on Monday, December 28, 2026, because Boxing Day itself falls on a weekend and the holiday is observed the following business day.
Is the bond market open on this date?
Canadian fixed income desks generally follow the same exchange holiday schedule, so bond trading activity is expected to be minimal or closed, though this is not confirmed by a separate official calendar.
What time does the TSX close the day before or after this holiday?
No early close has been announced around this holiday. The TSX trades regular hours, 9:30 am to 4:00 pm ET, on both December 24 and December 29, 2026.
When is the next TSX market holiday after this one?
The next scheduled TSX closure is New Year’s Day, falling on January 1, 2027.
Are Canadian banks open on Boxing Day (In Lieu) 2026?
Most Canadian bank branches close for statutory holidays including Boxing Day, though exact observance can vary slightly by province, so it is worth checking with your specific bank if you need in-branch service that day.