sp closing times in 87

Discussion in 'Data Sets and Feeds' started by maler, Jun 11, 2014.

  1. maler

    maler

    I see the following closing times for the sp after the 87 crash in my database:

    date(yyyymmdd) closingTime(hhmm)
    19871016 1615
    19871019 1615
    19871020 1615
    19871021 1615
    19871022 1615
    19871023 1400
    19871026 1400
    19871027 1400
    19871028 1400
    19871029 1400
    19871030 1400
    19871102 1430
    19871103 1430
    19871104 1430
    19871105 1500
    19871106 1500
    19871109 1530
    19871110 1530
    19871111 1530
    19871112 1615
    19871113 1615
    19871116 1615
    19871117 1615
    19871118 1615

    Could someone confirm that the sp stopped trading early after the crash and
    it is not an error in my database? Time is eastern time.
     
  2. jeb9999

    jeb9999

    The NYSE closed early in the weeks after the 1987 crash.

    From NYSE Holiday History:


    "Oct. 23-30, 1987 (Fri-Fri) Shortened hours following market break of October 19 and record breaking volume – 2:00 pm close.

    Nov. 2-4, 1987 (Mon-Wed) 2:30 pm close.

    Nov. 5-6, 1987 (Thu-Fri) 3:00 pm close.

    Nov. 9-11, 1987 (Mon-Wed) 3:30 pm close. Normal hours resumed November 12. Trading floor and clerical staff went on strike November 10-13 and were replaced by emergency reserve personnel. NYSE remained open throughout the strike."
     
  3. maler

    maler

    Thanks a lot.
    That answers it.