Nasdaq Reconfirms Holiday Schedule To Close Today At 1 P.M.
Date 31/12/1999
The Nasdaq Stock Market® announced that, as part of the previously announced holiday schedule for major U.S. equity markets, it will close today at 1 p.m. eastern time. Nasdaq® technical systems will also close early for the New Year's Holiday according to the following schedule:
The Automated Confirmation Transaction (ACTSM) Service, a messaging system that records transactions in Nasdaq and other securities, will shut down at 3:30 p.m., rather than 6:30 p.m. SelectNetSM, an automated Nasdaq market service that enables securities firms to route orders, negotiate terms, and execute trades in Nasdaq securities, will close at 2:15 p.m. instead of 6:30 p.m.
The Nasdaq Quotation Dissemination ServiceSM (NQDS), which carries real-time quotation information for Market Makers and electronic communication networks (ECNs) in each issue of the Nasdaq National Market® and The Nasdaq SmallCap MarketSM, will close at 3:40 p.m. rather than 6:30 p.m.
The Nasdaq Trade Dissemination ServiceSM (NTDS), which carries real-time trade-price and volume data for all trade reports that are submitted through ACT to market data vendors and other data feed recipients, will shut down at 3:40 p.m., instead of the usual 6:50 p.m.
The Nasdaq Stock Market lists nearly 5,000 companies, has a larger dollar volume, and trades more shares per day than any other U.S. market. Nasdaq is a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), the largest securities-industry, self-regulatory organization in the United States. For more information about Nasdaq, visit the Nasdaq Web
site at www.nasdaq.com or the Nasdaq NewsroomSM at www.nasdaqnews.com.