Is the Stock Market Open on New Year’s Day 2027? TSX Hours
January 1, 2027
Is the Stock Market Open on New Year’s Day 2027? TSX Hours
Toronto Stock Exchange are closed on Friday, for New Year's Day.
- Next holiday
- Family Day, February 15, 2027
- Regular hours
- 9:30 am to 4:00 pm ET
Full schedule and background: TSX Holidays.
Updated
The Toronto Stock Exchange (TSX) is closed on Friday, January 1, 2027 for New Year’s Day. This is a full-day closure, so no equities, options or exchange-traded funds trade on the TSX that day. Any orders entered before or during the closure will queue for the next open session. For the full list of upcoming dates, see the TSX holiday calendar.
Because January 1 falls on a Friday in 2027, Canadian investors get a three-day weekend, with normal trading resuming on Monday, January 4, 2027.
Which markets are closed on New Year’s Day 2027?
| Market | Status | Notes |
|---|---|---|
| TSX (equities) | Closed | Full-day closure for New Year’s Day |
| TSX Venture Exchange | Closed | Follows the same TSX holiday schedule |
| Montreal Exchange (derivatives) | Closed | Canadian options and futures markets typically mirror TSX holidays |
| NYSE and Nasdaq (US equities) | Closed | US markets also observe New Year’s Day |
| London Stock Exchange (LSE) | Closed | UK markets close for New Year’s Day |
| Euronext | Closed | European exchanges observe January 1 as a holiday |
| Tokyo Stock Exchange (TSE) | Closed | Japan observes an extended New Year holiday period |
This means January 1, 2027 is one of the rare days when major exchanges across North America, Europe and Asia are all closed at the same time, so there is effectively no traditional equity trading happening globally on that date.
Is the market open the day before and after?
Thursday, December 31, 2026 is a regular trading day on the TSX, with normal hours from 9:30 am to 4:00 pm ET and no early close scheduled. The next trading day after the holiday is Monday, January 4, 2027, when the TSX reopens for regular hours. There is no early close attached to New Year’s Day itself, since it is a full closure rather than a half day.
Why do markets close for New Year’s Day?
New Year’s Day is one of the oldest and most widely observed public holidays in the world, marking the start of the calendar year. Canadian financial markets, along with most exchanges globally, have closed on January 1 since long before modern electronic trading began, reflecting both a legal statutory holiday and a long-standing convention that lets banks, clearing houses and brokerages complete year-end processing before trading resumes.
What It Means for Your Money
If you place an order on January 1, 2027, it will simply sit unexecuted until the TSX reopens on Monday, January 4. Because Canadian equity trades typically settle one business day after execution (T+1), any trade completed on December 31 will settle on January 4, factoring in the holiday. Dividend payment dates and options expiries that would normally fall on January 1 are usually shifted to the next business day. Bank branches and many payroll processing systems also treat New Year’s Day as a statutory holiday in Canada, so electronic transfers initiated on the holiday may not clear until January 4. Cryptocurrency markets are unaffected, since they trade 24 hours a day, 7 days a week, including public holidays.
Remaining TSX holidays in 2027
- Family Day: February 15, 2027 (closed)
- Good Friday: March 26, 2027 (closed)
- Victoria Day: May 24, 2027 (closed)
- Canada Day: July 1, 2027 (closed)
- Civic Holiday: August 2, 2027 (closed)
- Labour Day: September 6, 2027 (closed)
- Thanksgiving Day: October 11, 2027 (closed)
- Christmas Eve: December 24, 2027 (early close, 1:00 pm ET)
- Christmas Day (observed): December 27, 2027 (closed)
- Boxing Day (observed): December 28, 2027 (closed)
Frequently Asked Questions
Is the stock market open on New Year’s Day 2027?
No, the Toronto Stock Exchange is closed on Friday, January 1, 2027 for the New Year’s Day holiday.
Is the bond market open on New Year’s Day?
Canadian and US bond markets are also typically closed for New Year’s Day, since it is a statutory holiday observed across fixed-income trading desks and clearing systems.
What time does the TSX close before the holiday?
The TSX trades regular hours, 9:30 am to 4:00 pm ET, on December 31, 2026, the last trading day before the holiday, with no early close scheduled.
When is the next TSX market holiday after New Year’s Day?
The next TSX holiday after New Year’s Day 2027 is Family Day on February 15, 2027.
Are Canadian banks open on New Year’s Day?
No, Canadian banks are generally closed on January 1, as New Year’s Day is a statutory holiday, though online and mobile banking services usually remain accessible.