Robinhood is a popular investment app that allows users to buy and sell stocks, options, and cryptocurrencies with no commission fees.
While the platform is available 24/7 for crypto trading, there are certain days when the stock market is closed and you won't be able to trade equities or options on Robinhood.
It's important to know when these holidays are so you can plan your investments accordingly.
In 2023, Robinhood will be closed for trading on the following U.S. market holidays:
These days do not count as stock or cash settlement days, so keep this in mind when planning your trades.
Settlement refers to the process of transferring funds and securities after a trade has been executed.
It's also important to be aware of banking holidays, as these may affect cash transfer times for those with cash brokerage accounts.
In addition to stock market holidays, the U.S. banking holidays in 2023 are:
Finally, there are two U.S. market half-days in 2023, which means that stock market trading will close at 1 PM ET (with extended-hours trading concluding at 3 PM ET) on these days:
In conclusion, it's important to keep these dates in mind when trading on Robinhood or any other investment platform.
Knowing when the stock market is closed can help you plan your trades and ensure that you don't miss any important opportunities.
While the platform may be closed for equities and options trading on these holidays, crypto trading remains available 24/7.
This article was generated using automation technology, and thoroughly edited and fact-checked by an editor on our editorial staff.