Holidays - All Markets

All NYSE markets observe U.S. holidays as listed below for 2018, 2019 and 2020.

TRADING DAYS

HOLIDAY	2018	2019	2020
New Years Day	Monday, January 1	Tuesday, January 1	Wednesday, January 1
Martin Luther King, Jr. Day	Monday, January 15	Monday, January 21	Monday, January 20
Washington's Birthday	Monday, February 19	Monday, February 18	Monday, February 17
Good Friday	Friday, March 30	Friday, April 19	Friday, April 10
Memorial Day	Monday, May 28	Monday, May 27	Monday, May 25
Independence Day	Wednesday, July 4*	Thursday, July 4*	Friday, July 3 (July 4 holiday observed)
Labor Day	Monday, September 3	Monday, September 2	Monday, September 7
Thanksgiving Day	Thursday, November 22**	Thursday, November 28**	Thursday, November 26**
Christmas	Tuesday, December 25***	Wednesday, December 25***	Friday, December 25***

* Each market will close early at 1:00 p.m. (1:15 p.m. for eligible options) on Tuesday, July 3, 2018 and Wednesday, July 3, 2019. Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on this date, and NYSE American Equities, NYSE Arca Equities, and NYSE National late trading sessions will close at 4:00 pm. All times are Eastern Time.

** Each market will close early at 1:00 p.m. (1:15 p.m. for eligible options) on Friday, November 23, 2018, Friday, November 29, 2019, and Friday, November 27, 2020 (the day after Thanksgiving). Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on these dates, and NYSE American Equities, NYSE Arca Equities, and NYSE National late trading sessions will close at 4:00 pm. All times are Eastern Time.

*** Each market will close early at 1:00 p.m. (1:15 p.m. for eligible options) on Monday, December 24, 2018, Tuesday, December 24, 2019, and Thursday, December 24, 2020. Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on this date, and NYSE American Equities, NYSE Arca Equities, and NYSE National late trading sessions will close at 4:00 pm. All times are Eastern Time.

NYSE

Pre-Opening Session: 6:30 a.m. ET

• Orders can be entered and will be queued until the Opening Auction at 9:30 a.m. ET.

Core Trading Session: 9:30 a.m. TO 4:00 PM ET

• 9:30 a.m. ET - Core Open Auction
• 3:45 PM to 4:00 PM ET - 123(c) Closing Imbalance Period
• 4:00 PM ET - Closing Auction

NYSE American Equities

Pre-Opening Session: 6:30 AM

• Orders can be entered and will be queued until the Early Open Auction at 7:00 a.m. ET.

Early Trading Session: 7:00 a.m. to 9:30 a.m. ET

• 6:59 a.m. to 7:00 a.m. ET - Early Open Auction Imbalance Freeze Period
• 7:00 a.m. ET - Early Open Auction
• 9:29:55 a.m. to 9:30 a.m. ET - Core Open Auction Imbalance Freeze Period

Core Trading Session: 9:30 a.m. TO 4:00 PM ET

• 9:30 a.m. ET - Core Open Auction
• 3:50 p.m. to 4:00 p.m. ET - Closing Auction Imbalance Freeze Period
• 4:00 p.m. ET - Closing Auction

Late Trading Session: 4:00 PM to 8:00 PM ET

NYSE Arca Equities

Pre-Opening Session: 3:30 a.m.

• Orders can be entered and will be queued until the Early Open Auction at 4:00 a.m. ET.

Early Trading Session: 4:00 a.m. to 9:30 a.m. ET

• 3:59 a.m. to 4:00 a.m. ET - Early Open Auction Imbalance Freeze Period
• 4:00 a.m. ET - Early Open Auction
• 9:29:55 a.m. to 9:30 a.m. ET - Core Open Auction Imbalance Freeze Period

Core Trading Session: 9:30 a.m. TO 4:00 PM ET

• 9:30 a.m. ET - Core Open Auction
• 3:59 p.m. to 4:00 p.m. ET - Closing Auction Imbalance Freeze Period
• 4:00 p.m. ET - Closing Auction

Late Trading Session: 4:00 PM to 8:00 PM ET

NYSE National

Trading Hours

Pre-Opening Session

6:30 a.m. ET

• Orders can be entered and will be queued until 7 a.m. ET

Opening Session

7:00 a.m. to 9:30 a.m. ET

Core Trading Session

9:30 a.m. to 4:00 p.m. ET

Late Trading Session

4:00 PM to 8:00 pm. ET

NYSE American Options

Options Clearing Corporation Expiration Calendar

Equity Options	9:30 a.m. ET - 4:00 p.m. ET
ETF Options	9:30 a.m. ET - 4:00 p.m. ET
ETF Exceptions: DBA, DBB, DBC, DBO, DIA, EEM, IWM, IWN, IWO, KBE, KRE, MDY, MOO, QQQ, SLX, SPY, SVXY, UUP, UNG, UVXY, VIXY, XHB, XLB, XLE,  XLF, XLI, XLK, XLP, XLU, XLV, XLY, XME, XRT	9:30 a.m. ET - 4:15 p.m. ET
Index Options	9:30 a.m. ET - 4:00 p.m. ET
Index Exceptions: MNX, NDX	9:30 a.m. ET - 4:15 p.m. ET
ETN Options: GAZ, OIL, VXX, VXZ	9:30 a.m. ET - 4:15 p.m. ET

NYSE Arca Options

Options Clearing Corporation Expiration Calendar

Equity Options	9:30 a.m. ET - 4:00 p.m. ET
ETF Options	9:30 a.m. ET - 4:00 p.m. ET
ETF Exceptions: DBA, DBB, DBC, DBO, DBS, DIA, EEM, EFA, IWM, IWN, IWO, IWV, KBE, KRE, MDY, MOO, OEF, QQQ, SLX, SPY, SVXY, UNG, UUP, UVXY, VIXY, XHB, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY, XME, XRT	9:30 a.m. ET - 4:15 p.m. ET
Index Options	9:30 a.m. ET - 4:00 p.m. ET
Index Exceptions: MNX, NDX	9:30 a.m. ET - 4:15 p.m. ET
ETN Options: AMJ, GAZ, INP, JJC, MLPN, OIL, VXX, VXZ,	9:30 a.m. ET - 4:15 p.m. ET

NYSE Bonds

Early Trading

4:00 a.m. ET - 8:00 a.m. ET

Core Trading

8:00 a.m. ET - 5:00 p.m. ET

Late Trading

5:00 p.m. ET - 8:00 p.m. ET

Bond Auctions

The NYSE conducts two daily bond auctions – an Opening Bond Auction at 4:00 a.m. ET and a Core Bond Auction at 8:00 a.m. ET. Orders not executed in either auction become eligible for continuous trading immediately after the auction.