Trading Hours on Christmas Eve and New Year Eve

Trading Hours on Christmas Eve
and
New Year Eve

Stock Exchange	Closing Hour (at local time)
Australia	2.10 pm (GMT + 10) on Christmas Eve *  and New Year Eve (Dec.31)*
China	No change on Christmas Eve * and New Year Eve (Dec.31) *
Hong Kong	12:30 pm (GMT + 8) on Christmas Eve *  and New Year Eve (Dec.31)*
India	No change on Christmas Eve * and New Year Eve (Dec.31) *
Indonesia	Closed on Christmas Eve and New Year Eve (Dec. 31)
Japan	No change on Christmas Eve * but will be closed on New Year Eve (Dec. 31)
Malaysia	No change on Christmas Eve * and New Year Eve (Dec.31) *
New Zealand	4 pm (GMT + 12) on Christmas Eve *  but will be closed at 12:40pm on New Year Eve (Dec. 31)
Philippines	Closed on Christmas Eve and New Year Eve (Dec. 31)
Singapore	12:30 pm (GMT + 8) on Christmas Eve *  and New Year Eve (Dec.31)*
South Korea	No change on Christmas Eve * but will be closed on New Year Eve (Dec. 31)
Taiwan	No change on Christmas Eve * and New Year Eve (Dec.31) *
Thailand	No change on Christmas Eve * but will be closed on New Year Eve (Dec. 31)
Vietnam	No change on Christmas Eve * and New Year Eve (Dec.31) *

* Note:
If Christmas Eve and New Year Eve fall on weekend, all Asia-Pacific stock exchanges obviously will be closed. Otherwise, trading hours at China, India, Malaysia, Taiwan and Vietnam will be traded as usual.

If public holiday falls on Sunday, the following day shall be a public holiday, and if this day is already a holiday, then the next day shall be a public holiday.

Indian Exchanges Defer Extended Trade After Backlash

Dec. 17 (Bloomberg) -- Indian stock exchanges deferred plans for longer trading hours after a backlash from brokers and investors given only a day’s notice, hampering efforts to win back business lost to overseas bourses.

The Bombay Stock Exchange, founded in 1875, and the National Stock Exchange will open at the existing time of 9:55 a.m. tomorrow, instead of the 9 a.m. start they had announced last night, Bombay spokesman Kalyan Bose said. The new timings will be implemented on Jan. 4 after “market feedback,” delayed the change, Bose said in an e-mail, without elaborating.

“The decision should have been taken keeping in mind the impact on people across the country, and not taken in haste by a handful of people,” said Vijay Shah, chairman of Balance Equity Broking Pvt. in Mumbai. “Longer trading hours will give more time to day-traders and won’t mean much for genuine investors.”

The Bombay Exchange, backed by Deutsche Boerse AG and Singapore Exchange Ltd., and larger rival National exchange, partly owned by NYSE Euronext and Goldman Sachs Group Inc. want an earlier start to lure derivatives traders in Hong Kong and Singapore onto their platforms. Even a three-week grace period isn’t sufficient for brokers and investors to prepare, said K.R. Choksey Shares & Securities.

“Starting at 9 a.m. without the infrastructure in place puts the market at grave risk,” Deven Choksey, chief executive officer of K.R. Choksey said. “We need to have a common clearing house for the exchanges, not two different ones as is the case now, and a common group of banks, to speed up processing before advancing the time.”

Source: Bloomberg