US Stock Exchanges Will Operate on October 12, 2026
While federal offices and the bond market close for the holiday, equity markets will remain open for trading.
Updated on Oct. 9, 2026 in Stock Markets
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The New York Stock Exchange and Nasdaq will conduct regular trading sessions on Monday, October 12, 2026. This schedule coincides with the closure of federal government offices and the US bond market for the Columbus Day and Indigenous Peoples Day holiday.
Why it matters
The split operating schedule creates a divergence where stock markets trade without the typical reference point of the cash bond market. This mismatch impacts settlement processes, as cash settlement and collateral movements will remain on hold until the following day.
US dollar-denominated fixed income trading will see a full closure as recommended by the Securities Industry and Financial Markets Association. Meanwhile, CME Group futures markets will continue to operate despite the broader holiday lull.
The players
New York Stock Exchange
The New York Stock Exchange is one of the worlds largest and most prominent stock exchanges located on Wall Street in New York City.
Nasdaq
Nasdaq is a global technology company that operates a major stock exchange and provides financial and regulatory technology solutions.
Securities Industry and Financial Markets Association
The Securities Industry and Financial Markets Association is an industry trade group representing securities firms, banks, and asset managers.
CME Group
CME Group is a leading derivatives marketplace that operates various global exchanges for futures and options trading.
The details
While equity markets operate as usual, the cash bond market remains closed for the holiday. Consequently, Treasury futures will trade throughout the day without the liquidity and pricing signals usually provided by the active cash market.
Timeline
October 12, 2026: The NYSE and Nasdaq maintain regular operating hours.
October 12, 2026: US bond markets and federal offices close for the holiday.
October 13, 2026: Normal trading activity resumes across all US financial markets.
Market Dynamics
The divergence in market activity reflects a long-standing structural pattern where equity exchanges and fixed income markets follow different holiday observance protocols. This separation is intended to provide necessary liquidity to the equity sector even when interest rate markets are effectively paused.
Retail and institutional investors should be aware that cash settlements and collateral movements will remain processed until the next business day. Trading strategies that rely heavily on fixed income pricing may face limited utility due to the closure of the cash bond market.
The takeaway
Investors should plan for delays in settlement and collateral transfers due to the holiday closure of banking and bond markets. It is advisable to review account access and transaction timelines before the start of the holiday weekend.
What happens next
Normal market operations are scheduled to resume across all US financial sectors, including bond and equity exchanges, on Tuesday, October 13, 2026.
Further reading
For more information on market holiday procedures, visit the Stock Markets section.
Source note: This article includes information reported by News & Analysis for Stocks, Crypto & Forex | investingLive.
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