Is the Stock Market Open on Columbus Day? Market Split Explained
Why U.S. stock exchanges trade as normal on Columbus Day while bond markets close and bank wires pause, plus T+1 settlement mechanics.
Why U.S. stock exchanges trade as normal on Columbus Day while bond markets close and bank wires pause, plus T+1 settlement mechanics.
T+1 settlement means US stock trades settle one business day after execution. Here’s the mechanics, timeline, and what changed for investors.