US Settlement Holiday Today on Columbus Day 2026: Are NYSE, Nasdaq Open or Closed on October 12?

United States (US) stock market is set to follow different schedules on Monday, October 12, as the Columbus Day holiday brings changes to parts of the American financial system. While some investors may expect Wall Street to remain shut for the federal holiday, the New York Stock Exchange (NYSE) and Nasdaq are scheduled to operate during their usual trading hours.

Is US Stock Market Open or Closed Today on 12 October for Columbus Day? Check NYSE, Nasdaq Holiday Update

The US stock market is open on Monday, October 12, 2026. Both the NYSE and Nasdaq are scheduled to follow their regular trading hours, meaning investors can buy and sell eligible listed stocks and ETFs during the normal session.

The bond market, however, follows a different holiday calendar, making it important for investors to understand which markets are open and whether settlement-related services will be available as normal.

While equity trading continues, the bond market follows a separate holiday schedule, potentially affecting fixed-income transactions, pricing and settlement-related activities. Investors dealing in multiple asset classes should therefore check the relevant market calendar before placing trades or planning fund transfers.

Columbus Day is observed on the second Monday of October and is also recognised as Indigenous Peoples' Day by some institutions and jurisdictions. Although federal offices and certain banking services may follow holiday schedules, the observance does not automatically mean that US stock exchanges must close.

US Stock Market Timings Today: NYSE, Nasdaq Trading Hours in ET and IST

The standard US equity market session runs from 9:30 am to 4:00 pm Eastern Time (ET). Pre-market and after-hours trading may also be available through brokerage platforms, although access, timings and eligible securities vary depending on the broker and account type.

For Indian investors tracking Wall Street, the regular US market session begins at 7:00 pm IST and ends at 1:30 am IST the following day on October 12, 2026, under the prevailing US daylight saving time schedule.

Columbus Day 2026: US Settlement Holiday Today, Will Stock Trading and Bond Settlements Be Affected?

The term "US settlement holiday" can be confusing because it does not mean that every financial market in the country shuts down. Columbus Day is a federal holiday, but the NYSE and Nasdaq do not treat it as a full-day closure for equities.

The more significant distinction is in the fixed-income market. The Securities Industry and Financial Markets Association (SIFMA), which issues holiday recommendations for the US bond market, recommends a full-day close for US dollar-denominated fixed-income securities trading on October 12.

The recommendation covers several major segments, including US Treasury securities, municipal bonds, mortgage-backed securities and corporate bonds. Although SIFMA's guidance is an industry recommendation rather than a federal law, it is widely followed by market participants.

Consequently, activity in parts of the bond market may be reduced or paused even as shares continue trading on the stock exchanges. Investors may also encounter fewer fresh bond prices and limited market activity, depending on the instrument and service provider.

Investors should not assume that the availability of stock trading guarantees that bank transfers, payment processing, bond transactions or settlement services will follow their standard schedules. The applicable timetable can differ across services and institutions.

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