Christmas Day 2005 and New Year's Day 2006
The NASDAQ Stock Market® and the securities exchanges will be closed on Monday,December 26, 2005, in observance of Christmas Day and Monday, January 2, 2006, in observance of New Year's Day. "Regular way" transactions made on the business days noted below will be subject to the following schedule:
Trade Date Settlement Date Reg. T Date*
Dec. 20 Dec. 23 Dec. 28
21 27 29
22 28 30
23 29 Jan. 3,, 2006
26 Markets Closed --
27 30 4
28 Jan. 3, 2006 5
29 4 6
30 5 9
Jan. 2, 2006 Markets Closed --
3 6 10
Martin Luther King, Jr., Day 2006
The NASDAQ Stock Market and the securities exchanges will be closed on Monday, January 16, 2006, in observance of Martin Luther King, Jr., Day. "Regular way" transactions made on the business days noted below will be subject to the following schedule:
Trade Date Settlement Date Reg. T Date*
Jan. 10 Jan. 13 Jan. 18
11 17 19
12 18 20
13 19 23
16 Markets Closed --
17 20 24
Presidents' Day 2006
The NASDAQ Stock Market and the securities exchanges will be closed on Monday, February 20, 2006, in observance of Presidents' Day. "Regular way" transactions made on the business days noted below will be subject to the following schedule:
Trade Date Settlement Date Reg. T Date*
Feb. 14 Feb. 17 Feb. 22
15 21 23
16 22 24
17 23 27
20 Markets Closed --
21 24 28
Good Friday 2006
The NASDAQ Stock Market and the securities exchanges will be closed on Good Friday, April 14, 2006. "Regular way" transactions made on the business days noted below will be subject to the following schedule:
Trade Date Settlement Date Reg. T Date*
April 10 April 13 April 18
11 17 19
12 18 20
13 19 21
14 Markets Closed --
17 20 24
Memorial Day 2006
The NASDAQ Stock Market and the securities exchanges will be closed on Monday, May 29, 2006, in observance of Memorial Day. "Regular way" transactions made on the business days noted below will be subject to the following schedule:
Trade Date Settlement Date Reg. T Date*
May 23 May 26 May 31
24 30 June 1
25 31 2
26 June 1 5
29 Markets Closed --
30 2 6
Independence Day 2006
The NASDAQ Stock Market and the securities exchanges will be closed on Tuesday, July 4, 2006, in observance of Independence Day. "Regular way" transactions made on the business days noted below will be subject to the following schedule:
Trade Date Settlement Date Reg. T Date*
June 28 July 3 July 6
29 5 7
30 6 10
July 3 7 11
4 Markets Closed --
5 10 12
Labor Day 2006
The NASDAQ Stock Market and the securities exchanges will be closed on Monday, September 4, 2006, in observance of Labor Day. "Regular way" transactions made on the business days noted below will be subject to the following schedule:
Trade Date Settlement Date Reg. T Date*
Aug. 29 Sept. 1 Sept. 6
30 5 7
31 6 8
Sept. 1 7 11
4 Markets Closed --
5 8 12
Columbus Day 2006
The schedule of trade dates-settlement dates below reflects the observance by the financial community of Columbus Day, Monday, October 9, 2006. On this day, The NASDAQ Stock Market and the securities exchanges will be open for trading. However, it will not be a settlement date because many of the nation's banking institutions will be closed.
Trade Date Settlement Date Reg. T Date*
Oct. 3 Oct. 6 Oct. 10
4 10 11
5 11 12
6 12 13
9 12 16
10 13 17
Note: October 9, 2006, is considered a business day for receiving customers' payments under Regulation T of the Federal Reserve Board.
Transactions made on Monday, October 9, will be combined with transactions made on the previous business day, October 6, for settlement on October 12. Securities will not be quoted ex-dividend, and settlements, marks to the market, reclamations, and buy-ins and sell-outs, as provided in the Uniform Practice Code, will not be made and/or exercised on October 9.
Veterans' Day And Thanksgiving Day 2006
The schedule of trade dates-settlement dates below reflects the observance of the financial community of Veterans' Day, Friday, November 10, 2006, and Thanksgiving Day, Thursday, November 23, 2006. On Friday, November 10, The NASDAQ Stock Market and the securities exchanges will be open for trading. However, it will not be a settlement date because many of the nation's banking institutions will be closed in observance of Veterans' Day. All securities markets will be closed on Thursday, November 23, 2006, in observance of Thanksgiving Day.
Trade Date Settlement Date Reg. T Date*
Nov. 6 Nov. 9 Nov. 13
7 13 14
8 14 15
9 15 16
10 15 17
13 16 20
17 22 27
20 24 28
21 27 29
22 28 30
23 Markets Closed --
24 29 Dec. 4
Note: November 10, 2006, is considered a business day for receiving customers' payments under Regulation T of the Federal Reserve Board.
Transactions made on November 10 will be combined with transactions made on the previous business day, November 9, for settlement on November 15. Securities will not be quoted ex-dividend, and settlements, marks to the market, reclamations, and buy-ins and sell-outs, as provided in the Uniform Practice Code, will not be made and/or exercised on November 10.
Christmas Day 2006 and New Year's Day 2007
The NASDAQ Stock Market and the securities exchanges will be closed on Monday, December 25, 2006, in observance of Christmas Day and Monday, January 1,2007, in observance of New Year's Day. "Regular way" transactions made on the business days noted below will be subject to the following schedule:
Trade Date Settlement Date Reg. T Date*
Dec. 19 Dec. 22 Dec. 27
20 26 28
21 27 29
22 28 Jan. 2, 2007
25 Markets Closed --
26 29 3
27 Jan. 2, 2007 4
28 3 5
29 4 8
Jan. 1 2007 Markets Closed --
2 5 9
Market Data 
Markets 
