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  2. Foreign exchange date conventions - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_date...

    If the spot date falls on the last business day of the month in the currency pair then the delivery date is defined by convention to be the last business day of the target month e.g. assuming all days are business days: if spot is at 30 April, a one-month time to expiry will make the delivery date 31 May. This is described as trading "end-end".

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  4. Public holidays in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_holidays_in_the...

    Some states restrict certain business activities on some holidays. [10] Business closures are mandated on a few holidays in some states for certain kinds of businesses by blue laws. For example, businesses that operate on more than 5,000 square feet (460 m 2) cannot open on Thanksgiving in some New England states.

  5. Foreign exchange spot - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_spot

    The standard settlement timeframe for foreign exchange spot transactions is T+2; i.e., two business days from the trade date. Notable exceptions are USD/CAD, USD/TRY, USD/PHP, USD/RUB, and offshore USD/KZT and offshore USD/PKR currency pairs, which settle at T+1. USD/COP settles T+0.

  6. Trading day - Wikipedia

    en.wikipedia.org/wiki/Trading_day

    In business, the trading day or regular trading hours (RTH) is the time span that a stock exchange is open, as opposed to electronic or extended trading hours (ETH). For example, the New York Stock Exchange is, as of 2020, open from 9:30 AM Eastern Time to 4:00 PM Eastern Time.

  7. Are Banks Open on Thanksgiving Day? - AOL

    www.aol.com/banks-open-thanksgiving-day...

    Thanksgiving falls on Nov. 28 this year. Find out which banks will be closed or open for the celebration of Turkey Day by following this guide.

  8. Settlement (finance) - Wikipedia

    en.wikipedia.org/wiki/Settlement_(finance)

    Two-day settlement has been the convention in the off-exchange foreign exchange market well before exchanges moved to this convention. Government securities, stock options, and options on futures contracts settle on the next business day following the trade or T+1. Futures contracts themselves settle the day of the trade.

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