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Traders at the Toronto Stock Exchange, c. 1935 pose for a photograph at end of day.Note the discarded papers on the floor. End of day (EOD), end of business (EOB), close of business (COB), close of play (COP), or end of play (EOP) is the end of the trading day in financial markets, the point when trading ceases.
A variation is the 52–53-week calendar. It is used by companies that want their fiscal year to always end on the same day of the week. Any day of the week may be used, and Saturday and Sunday are common because the business may more easily be closed for counting inventory and other end-of-year accounting activities.
Trading day. In business, the trading day or regular trading hours (RTH) is the time span that a stock exchange is open, as opposed to electronic or extended trading hours (ETH). For example, the New York Stock Exchange is, as of 2020, open from 9:30 AM Eastern Time to 4:00 PM Eastern Time. Trading days are usually Monday through Friday.
Common business is done from Monday to Friday, but major shops are usually open on Saturdays 9:00am – 6:00pm and on Sundays 12:00pm – 9:00pm, with exceptions. In Mexico, the standard business hours are from 7 am to 2 pm and 4 pm to 6 pm. (At least in Mexico City most offices open between 8 and 10 am and close around 6 or 7 pm.
Cashier balancing. Cashier balancing is a process usually conducted in businesses such as grocery stores, restaurants and banks that takes place at the closing of the business day or at the end of a cashier 's shift. This balancing process makes the cashier responsible for the money in their cash register.
If the spot date falls on the last business day of the month in the currency pair then the delivery date is defined by convention to be the last business day of the target month e.g. assuming all days are business days: if spot is at 30 April, a one-month time to expiry will make the delivery date 31 May. This is described as trading "end-end".
Business Day may refer to: Business day, a period of the week. BusinessDay, a website of Fairfax Media (Australia, New Zealand) Business Day (Nigeria), a business/finance newspaper. Business Day (South Africa),a business/finance newspaper. BusinessWorld, a Filipino newspaper originally published as Business Day. Category: Disambiguation pages.
Depending on the business, people work five days for a maximum of 8 hours per day, typically Monday to Friday, or six days for eight hours a day, Monday to Saturday. [49] In 2021, the Government enacted a law that reduces the weekly working hours from 48 to 42, which will take effect gradually between 2023 and 2026.