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UID:2536-1791763200-1791849599@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Thanksgiving Day 2026? TSX Hours
DESCRIPTION:Toronto Stock Exchange are closed on Monday\, October 12\, 2026 for Thanksgiving Day. \n\nNext holiday\nChristmas Eve (Early Close)\, December 24\, 2026\nRegular hours\n9:30 am to 4:00 pm ET\n\nFull schedule and background: TSX Holidays. \nUpdated September 2\, 2026 \n\n← Previous TSX Holidays\nThe Toronto Stock Exchange (TSX) is closed on Monday\, October 12\, 2026 for Thanksgiving Day\, a statutory holiday observed across most of Canada. No equities trading\, order matching or price updates will take place on the TSX or its junior venue\, the TSX Venture Exchange\, during what would normally be regular hours of 9:30 am to 4:00 pm ET. Any orders entered on the holiday will simply queue and be released for the next trading session\, when the market reopens as usual. For the full list of dates the exchange takes off this year\, see the TSX holidays calendar. \nBecause the TSX is shut\, there is no settlement processing\, no dividend record-keeping activity and no new price discovery for Canadian-listed shares on October 12. Investors holding TSX stocks\, exchange-traded funds or options should expect the next price movement to occur only once trading resumes on Tuesday\, October 13\, 2026. \nWhich markets are closed on Thanksgiving Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nTSX (equities)\nClosed\nStatutory Canadian Thanksgiving holiday\n\n\nTSX Venture Exchange\nClosed\nFollows the same holiday schedule as the TSX\n\n\nMontreal Exchange (derivatives)\nClosed\nCanadian derivatives market observes the same holiday\n\n\nNew York Stock Exchange and Nasdaq\nOpen (regular hours)\nThanksgiving Day is a Canada-only holiday; US markets trade normally\n\n\nLondon Stock Exchange (LSE)\nOpen (regular hours)\nNot a UK public holiday\n\n\nEuronext\nOpen (regular hours)\nNo corresponding European holiday on this date\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nNo corresponding Japanese holiday on this date\n\n\n\nBecause Canadian Thanksgiving falls in October\, unlike the American version in November\, it does not overlap with any major US\, UK\, European or Asian market closure. Investors trading a mix of Canadian and international shares should expect Canadian names to be frozen for the day while everything else continues to move. \nIs the market open the day before and after?\nThe TSX trades a full regular session on Friday\, October 9\, 2026\, the last trading day before the long weekend\, and reopens for a full regular session on Tuesday\, October 13\, 2026. There is no early close scheduled either side of this holiday; the exchange runs its usual 9:30 am to 4:00 pm ET hours on both the Friday before and the Tuesday after. Canadian banks and most government offices are also closed on the Monday\, though this does not affect the exchange’s own calendar\, which is set independently by TSX’s parent\, TMX Group. \nWhy do markets close for Thanksgiving Day?\nCanadian Thanksgiving falls on the second Monday of October and marks a harvest festival tradition with roots going back to European settlers in Canada\, formalised as a fixed national holiday by Canadian parliament in 1957. It is distinct from the American Thanksgiving holiday\, which falls on the fourth Thursday of November and is when US exchanges close instead. \nThe TSX\, like most national exchanges\, aligns its trading calendar with the statutory holidays observed in its home jurisdiction\, so that market infrastructure\, clearing staff and brokers based in Canada are not required to work on a day when the wider economy is largely shut. This is consistent with how the New York Stock Exchange\, the London Stock Exchange and other major venues set their own holiday schedules around locally observed public holidays rather than a single global calendar. \nWhat It Means for Your Money\nIf you place an order for a TSX-listed stock on October 12\, it will not execute that day. Most brokers accept the order but hold it in a queue\, releasing it for matching only once the exchange reopens on Tuesday\, October 13. Any trade that does execute on the Friday before the holiday will still settle according to the standard T+1 settlement cycle now used in Canadian and US markets\, meaning a trade done on Friday settles on Monday even though the exchange itself is closed. This does not delay the settlement date; it simply means no new trading activity adds to the queue during the holiday. \nDividend payment dates and options expiry schedules that would otherwise fall on October 12 are typically shifted to the next business day by the relevant clearing bodies\, so holders of TSX options or dividend-paying shares should check with their broker if an expiry or payment date coincides with the holiday. Canadian bank branches are closed on Thanksgiving Day\, which can delay domestic wire transfers and bill payments processed through the banking system\, though online transfers between accounts at the same institution usually still go through. Cryptocurrency markets\, unlike the TSX\, trade continuously and are unaffected by the holiday. Investors with pension holdings or managed funds invested in Canadian equities will simply see no price movement recorded for that day in their statements. \nRemaining TSX holidays in 2026\n\nChristmas Eve (Early Close)\, December 24\, 2026\, closing at 1:00 pm ET\nChristmas Day\, December 25\, 2026\, closed\nBoxing Day (In Lieu)\, December 28\, 2026\, closed\n\nFrequently Asked Questions\nIs the stock market open on Thanksgiving Day 2026 in Canada?\nNo\, the Toronto Stock Exchange and TSX Venture Exchange are closed on Monday\, October 12\, 2026 for the statutory Thanksgiving holiday. \nIs the bond market open on Canadian Thanksgiving?\nThe Montreal Exchange\, which handles Canadian derivatives and is linked to fixed income trading infrastructure\, is closed alongside the TSX on this date. \nWhat time does the TSX close before the holiday?\nThe TSX runs its normal hours of 9:30 am to 4:00 pm ET on Friday\, October 9\, 2026\, the last trading session before the long weekend\, with no early close scheduled. \nWhen is the next TSX market holiday after Thanksgiving?\nThe next scheduled holiday event is an early close on Christmas Eve\, December 24\, 2026\, when the TSX closes at 1:00 pm ET\, followed by a full closure on Christmas Day. \nAre Canadian banks open on Thanksgiving Day?\nCanadian bank branches are generally closed on Thanksgiving Day\, which can delay in-branch services and some interbank transfers\, though online banking within the same institution usually remains available. \n← Previous TSX Holidays
URL:https://www.financecalendar.com/event/tsx-thanksgiving-day-2026/
CATEGORIES:Economic Indicators
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