|
PureBytes Links
Trading Reference Links
|
The NYSE is not closed on Columbus day, the most recently added exchange
holiday is Martin Luther King day. The NYSE trading holidays for 1998 are:
January 1, 1998 New Year's Day
January 19, 1998 Martin Luther King Jr. Day
February 16, 1998 Presidents' Day
April 10, 1998 Good Friday
May 25, 1998 Memorial Day
July 3, 1998 Independence Day (observed)
September 7, 1998 Labor Day
November 26, 1998 Thanksgiving Day
December 25, 1998 Christmas Day
The Nyse publishes exchange holidays at
http://www.nyse.com/public/market/2c/2cix.htm
Earl
-----Original Message-----
From: Melody Blais <Melody.Blais@xxxxxxxxxxxxxxxxx>
To: 'omega-list@xxxxxxxxxx' <omega-list@xxxxxxxxxx>
Date: Thursday, September 17, 1998 2:36 PM
Subject: Columbus Day
>Adding Columbus Day to the American Holiday List
>
>Monday, October 12, 1998 (Columbus Day) is a relatively new exchange
>holiday, and it is not listed in the Omega Research Server Holiday List.
>Therefore, unless you add the holiday to the Holiday List, all exchanges
>that are closed on Columbus Day will broadcast the daily settlement prices
>from Friday, October 9 again on Monday, October 12. To ensure normal data
>collection, you need to add the holiday to the American Holiday List.
>
>This document explains:
>
>A. How to add the holiday to the Holiday List.
>B. What to do after the holiday if you did not add the holiday to the
>Holiday List.
>C. Frequently asked questions about holidays in general.
>
>
>A. How to add the holiday to the Holiday List:
>
>1. In the Omega Research Server, use the Tools - Holiday Setup menu
>sequence.
>2. Highlight American Holidays.
>3. Click Edit List.
>4. Click Add Date.
>5. In the Date field, type 10/12/98.
>6. Type Columbus Day in the Description field.
>7. Click OK.
>8. Click OK.
>9. Click Close.
>
>Note: You must set up the holiday by Sunday, 10/11/98 11:59pm. If it is
not,
>you will need to perform Step B on the day after the holiday.
>
>B. What to do after the holiday if you did not add the holiday to the
>Holiday List:
>
>If you did not add the holiday to the Holiday List prior to the holiday,
the
>server will collect daily settlement prices for the holiday, which will
>simply be a duplication of the previous day's settlement prices. Therefore,
>you will need to delete the daily data for the holiday. To do so:
>
>1. In the Omega Research Server, use the File - Delete menu sequence.
>2. Remove the check next to Intraday.
>3. On the Daily line, set the Start Date to 10/12/98.
>4. On the Daily line, set the End Date to 10/12/98.
>5. Click Add by.
>6. Highlight all affected (most domestic) exchanges (Hold down the CTRL
key
>while clicking the exchanges).
>7. Click OK.
>8. Click OK.
>9. In the "Delete data?" dialog box, click Yes.
>
>C. Frequently asked questions about holidays in general:
>
>Q: Why is there a Holiday List?
>
>A: Our server is scheduled to collect daily data after the close of each
>market on the days scheduled in the symbol/exchange universe. All of our
>compatible data feeds will continue to send the previous business day's
>daily prices (also known as refresh, settlement, or daily data) during the
>holiday. If a regularly scheduled day is a holiday (or non-trading day) and
>the holiday is listed in the Holiday List, the server will not collect this
>duplicate daily data. However, if the holiday is not listed in the Holiday
>List, the server will collect the same daily data two days in a row.
>Obviously, this will alter any technical analysis, which is why it is
>necessary to either a) setup the holiday in advance or b) delete the
>duplicated daily data after it has been collected.
>
>Q: What other problems can I expect on the day after the holiday?
>
>A: Your intraday and/or daily charts might contain gaps, which can alter
>results of any technical analysis. For example, when calculating a trend
>line, you should not include days with no trading.
>
>Q: How can I fix this "time gap" problem?
>
>A: From the TradeStation or SuperCharts main menu, use the Tools - Options
>menu sequence. Click on the Price Data tab. Clear the checks from the first
>two check boxes in the dialog box and click OK. This removes all of the
gaps
>on every intraday and daily chart on every workspace.
>
>Q: Doesn't that throw off my trend line analysis if there really is a time
>gap that's not due to the holiday?
>
>A: Yes. However, most traders aren't too concerned about this because
>trading (most of the time) is constant throughout the day.
>
>Q: What about people who trade international markets that are open on the
>holiday?
>
>A: When you follow the directions in this document, you are only altering
>the Holiday List for the affected exchanges you specify. Data collection
>from other exchanges will not be affected.
>
>
>Please contact our Customer Support Center if you need further assistance
>with or have any questions about the above information.
>
>Melody A. Blais
>Omega Research, Inc.
>Customer Support Supervisor
>
|