Some folks marvel what number of days the stock market is open in the USA. This can be a very helpful quantity as a result of lots of the on-line day merchants wish to calculate how a lot cash they should make per day, to switch their present wage. The numbers under signify normal stock market hours which normally span from 9:30 to 16:00 Japanese Commonplace Time.
Some futures markets will commerce as much as 16:15 Japanese Commonplace time.
The markets are normally open for the traditional buying and selling session Monday By Friday.
I’ve not included after hours buying and selling, pre market buying and selling, foreign money (FOREX) markets, worldwide markets or GLOBEX.
So lets check out the variety of buying and selling days in 2008 by month:
January: 21 days
February: 19 Days
March: 19 Days
April: 23 Days
Might: 21 Days
June: 20 Days
July: 22.5 Days (The 0.5 is as a result of July third ,2008 is a half day for the market)
August: 21 Days
September:…21 Days
October: 23 Days
November: 18.5 Days (The 0.5 is as a result of Nov. 28,2008 is a half day for the market)
December: 21 Days (I counted the .5 day on Dec. 24, 2008 and the .5 day on Dec. 26, 2008 as 1 day)
This brings the whole variety of buying and selling days in 2008 to: 250 buying and selling days in 2008.
So for those who needed to switch a wage of $100,00Zero per yr earlier than taxes, we may must do the next math:
$100,00Zero divided by 250 buying and selling days equals $400 {dollars} per day.
The dealer would then must have a mean web revenue of $400 {dollars} per day in 2008 (after commissions, software program, information providers, taxes and different overhead is factored into the image.)
Many merchants don’t commerce each single day for all kinds of causes, however a minimum of the utmost numbers of days you might attainable commerce in 2008.
