is the toronto stock exchange closed today?
Is the Toronto Stock Exchange Closed Today?
is the toronto stock exchange closed today? If you need a definitive answer right now, this article explains how to check whether the Toronto Stock Exchange (TSX) is open, closed, on an early close, or affected by a technical outage. It covers regular TSX session hours, holidays and settlement-only days, exceptional closures, practical verification steps, and the impact of closures on investors — including holders of Canadian-listed ETFs and crypto-related products. Follow the checks and examples below to confirm "is the toronto stock exchange closed today" in minutes.
Overview of the Toronto Stock Exchange (TSX)
The Toronto Stock Exchange (TSX) is Canada’s primary equities market. It lists Canadian and international companies, exchange-traded funds (ETFs), income trusts, and other equity products. Many institutional and retail investors use the TSX for price discovery, order execution, and access to Canadian sectors such as energy, materials, financials, and technology.
When asking "is the toronto stock exchange closed today", the answer affects the ability to execute trades, the timing of settlement, and the availability of price feeds for TSX-listed securities. International participants and holders of cross-listed securities or Canadian-listed ETFs (including crypto-related ETFs that trade in Canada) must account for TSX status when planning trades or rebalancing portfolios.
As of 15 January 2026, according to TMX Group’s trading status information, the TSX follows a fixed set of regular hours and maintains a published annual holiday calendar that governs normal closures and early-close days.
Regular trading schedule and session types
The TSX operates structured trading sessions in Eastern Time (ET). Knowing the session names and times helps answer "is the toronto stock exchange closed today" for any given moment.
- Regular continuous trading hours (normal session): 9:30 AM – 4:00 PM ET.
- Pre-open / Pre-market activity: order entry and display begin earlier (see below).
- Close mechanics include an imbalance/auction period before 4:00 PM and a brief freeze around the close.
These sessions are standardized but subject to published calendar exceptions, early close days, and emergency interruptions.
Pre-market / pre-open (7:00 AM–9:30 AM ET)
The pre-open or pre-market phase allows participants to enter, modify or cancel orders before the official open. A consolidated order period (COP) or similar order accumulation is used so that continuous trading starts with an opening auction or matching process. Orders entered during the pre-open are not executed until the market opens at 9:30 AM ET unless a separate pre-opening matching event is specified by the exchange.
Key points:
- Orders may be visible depending on order type and exchange rules.
- Price discovery for the open happens in the minutes leading to 9:30 AM ET.
- If you asked "is the toronto stock exchange closed today" during 8:00 AM ET, trading is not yet live even though the market venue is accepting orders for the open.
Continuous trading (9:30 AM–4:00 PM ET)
From 9:30 AM ET to 4:00 PM ET the TSX runs continuous trading where incoming orders match against resting orders according to order priority and price-time rules. Common order types such as market, limit, stop and certain conditional orders are accepted depending on broker connectivity.
If you search "is the toronto stock exchange closed today" during these hours and your broker shows live quotes and an enabled order ticket, the TSX is generally open for trading in normal conditions.
Close / market-on-close mechanics (3:50 PM–4:00 PM and freeze period)
The TSX typically runs an imbalance/closing call phase in the final minutes before 4:00 PM ET. This phase identifies buy/sell imbalances and may allow participants to submit orders to offset imbalances. A brief freeze or restricted period may apply immediately at the official close to allow final matching and reporting.
Practical takeaways:
- From about 3:50 PM to 4:00 PM ET the market can display imbalances.
- At or very near 4:00 PM ET there can be a short freeze for final processing.
- During a freeze or if the exchange reports a system outage, the answer to "is the toronto stock exchange closed today" may be “temporarily suspended” even though the calendar says it is a trading day.
Post-market / extended session and settlement windows
The TSX may perform post-close matching and reporting activities after 4:00 PM ET. Actual settlement of trades follows Canada’s settlement cycle (such as T+2 for many securities), and settlement windows and clearing deadlines remain in effect even when visible trading has ended.
If you see trading halted at the close or on an extended session, check the exchange’s notices: a trade may still be subject to clearing and settlement rules after visible trading ends.
Market holidays, early closes and settlement-only days
TSX closure status often follows an annual holiday calendar published by the exchange. There are three broad categories:
- Full holiday closures: markets are fully closed and no trading occurs (most major statutory holidays).
- Early close days: the exchange opens but schedules an early close (e.g., the day before a major holiday in some years).
- Settlement-only or partial observance days: trading may be restricted or normal trading may not settle the same way; some services (clearing/settlement) may have limited hours.
Typical annual holiday list and variable dates
The TSX observes several statutory holidays each year. Commonly observed full closures include (but are not limited to):
- New Year’s Day
- Good Friday
- Canada Day (observance rules if weekday/weekend)
- Labour Day
- Thanksgiving
- Christmas Day
- Boxing Day
Variable-date holidays include Family Day, Victoria Day, and Easter-related holidays. The exact dates change each year and the exchange’s annual calendar should be consulted when confirming "is the toronto stock exchange closed today".
Some days, like Christmas Eve or the trading day before New Year’s Day, can carry announced early closes in a given year. The exchange posts early close notices well in advance.
Settlement-only and observance rules
On certain days, trading might be affected while settlement systems operate under reduced schedules. For example, when a statutory holiday falls on a weekend, an observed weekday may be designated as the holiday and settlement cycles will adjust accordingly.
Settlement-only days are rare but important: if a market is marked as open for settlement purposes but not for new trading activity, orders cannot be executed even though clearing or administrative functions may be processed.
Exceptional closures and trading system status
Beyond scheduled holidays, the TSX can be affected by unscheduled or exceptional events that cause temporary market closure or suspension. These include technical outages, regulatory halts, security incidents, or force majeure events.
Asking "is the toronto stock exchange closed today" during an unusual event requires checking the exchange’s live status and notices rather than relying on the calendar.
How exchanges communicate outages and emergency closures
The TSX communicates status changes via official channels: market notices, system status pages, broadcast banners, and direct communications to brokers and data vendors. Notifications typically indicate the nature of the event, affected services, and expected timelines.
If a notice indicates a system outage or emergency halt, brokers will often block order entry or display a market status flag. In such cases, the correct answer to "is the toronto stock exchange closed today" is that trading is suspended until the exchange resolves the issue and issues an “all clear.”
As of 15 January 2026, according to TMX Group’s trading system status records, system performance is monitored continuously with live status pages and market notices provided to participants.
How to check if the TSX is closed today (practical instructions)
To answer "is the toronto stock exchange closed today" reliably, follow these ordered steps. Start with the exchange’s official status and then confirm with your broker and market data.
- Check the TSX (TMX Group) trading status page and published calendar. This is the authoritative source for scheduled holidays, early closes, and system status.
- Verify your broker’s market status or trading platform. If your broker’s order ticket is disabled or shows the market as closed, that’s a strong indicator.
- Check reputable market-hours aggregators and financial news sites for confirmations (e.g., Cboe Canada, Morningstar, TradingHours). These sources typically reflect exchange calendars and known outages.
- Confirm time zone: all TSX times are posted in Eastern Time (ET). Account for daylight saving changes when converting from your local time.
- If there’s an outage, look for official market notices from the exchange and any broker alerts explaining order status and settlement implications.
Mobile/desktop broker and data-feed checks
- Open your broker app and check the instrument’s quote feed. If quotes are stale beyond normal market latency and the broker shows “market closed” or “trading suspended,” the TSX may be closed or the data feed may be disrupted.
- Try to place a small test order only if your broker indicates the market is open. If the order cannot be submitted or is rejected with an exchange-status error, rely on the exchange status page for the definitive answer.
Subscribing to exchange alerts and notices
For regular traders, subscribing to TMX Group notices and broker alerts helps you get pre-announced early closes and emergency messages. Automated alerts reduce the chance of being surprised by a sudden closure when you need to trade.
Impact of TSX closures on investors, traders and related markets
When you confirm "is the toronto stock exchange closed today" as true (a closed or suspended market), expect several practical effects:
- You cannot execute new trades on TSX-listed securities while the exchange is closed or trading is suspended.
- Existing orders may be canceled or remain queued depending on broker policy and the nature of the closure.
- Settlement timing may shift if a settlement-only day or holiday affects clearing windows.
- Liquidity and price discovery for TSX-listed securities may diminish, potentially shifting activity to alternate venues or delaying transactions.
These consequences affect retail and institutional participants differently depending on order size, access to alternative venues, and cross-listing status.
Cross-listed and ADR impacts
Some Canadian companies or ETFs are cross-listed in the United States or have American Depositary Receipts (ADRs). If the TSX is closed but a U.S. venue is open, trading may continue on the alternate venue subject to local rules. Price divergence can occur between venues during asynchronous trading times.
When confirming "is the toronto stock exchange closed today", cross-listed securities may still trade elsewhere, but the TSX closure can reduce local liquidity and change relative pricing.
Crypto-related products and ETFs
Canada hosts several crypto-related ETFs and funds listed on Canadian exchanges. If the TSX is closed, those products cannot be traded on the TSX until it reopens. Investors should know whether their crypto-related ETF is listed on TSX or another Canadian venue (e.g., TSXV) — and check the specific listing location when confirming "is the toronto stock exchange closed today." If you use web3 wallets, consider using Bitget Wallet for custody and interface with Bitget exchange for spot and derivative products when your trading strategy depends on synchronized market hours.
Frequently asked questions (FAQ)
Q: Is the TSX closed on weekends?
A: Yes. The TSX does not run regular trading on Saturdays and Sundays. If you search "is the toronto stock exchange closed today" on a weekend, the answer will generally be yes except in rare emergency cases where non-standard operations are announced.
Q: What constitutes an early close?
A: An early close is a scheduled reduction in regular trading hours on a business day, typically announced in advance (examples include days before major holidays). Early close times vary by year and are posted on the exchange calendar.
Q: How are holiday dates determined and updated?
A: The TSX publishes an annual trading calendar listing full closures and early closes. When holidays fall on weekends, observance rules (in-lieu days) may shift the closure to a weekday. Always check the current year’s calendar to answer "is the toronto stock exchange closed today" for a specific date.
Q: What happens to open orders during a closure?
A: Broker policies vary. Some brokers cancel day orders on a full exchange closure; others may hold them for the next trading session. For emergency suspensions, orders are typically rejected or canceled. Confirm your broker’s policy.
Q: If the TSX is closed, can I trade Canadian ETFs elsewhere?
A: Some Canadian ETFs may have secondary listings or cross-listings. If the TSX is closed, you may still trade the instrument on an alternate venue if it exists, but liquidity and pricing can differ.
Example checks and sample scenarios
Example 1 — Standard holiday (e.g., Canada Day observed)
- Scenario: You search "is the toronto stock exchange closed today" on Canada Day when it’s a scheduled TSX holiday.
- Check 1: TMX Group calendar indicates a full holiday; TSX status page shows market closed.
- Check 2: Your broker shows market closed and order tickets disabled.
- Result: TSX is closed. Trades cannot be executed on TSX-listed instruments.
Example 2 — Early close (e.g., Christmas Eve with a scheduled early close)
- Scenario: The exchange announced a 1:00 PM ET early close.
- Check 1: Confirm the early close time on the official calendar.
- Check 2: Monitor broker platform for the exchange’s scheduled close time and any imbalance phases.
- Result: TSX is open until the announced early close time and then closes early that day.
Example 3 — Technical outage during trading hours
- Scenario: Midday a technical outage causes a trading suspension.
- Check 1: Visit the TSX trading system status page for an outage notice.
- Check 2: Broker notifications and data vendors reflect suspended trading.
- Result: Trading is suspended; orders cannot be executed until the exchange issues a restoration notice.
See also
- TSX Venture Exchange (TSXV) — alternative Canadian listing venues.
- TMX Group — parent organization and market operator.
- Cboe Canada — market hours and comparators.
- Montréal Exchange (MX) — derivatives trading hours and holiday schedules.
References and official sources
- TMX Group — trading hours, trading calendar and trading system status. (Authoritative exchange source; check for current day updates.)
- Cboe Canada — published market hours and holiday information for Canadian equities.
- Morningstar Canada — resources on whether Canadian markets are open on a given date.
- TradingHours.com — aggregated market hours and holiday listings.
- Montréal Exchange (MX) — derivatives trading hours and notices relevant to Canadian markets.
As of 15 January 2026, according to TMX Group’s official trading status pages and calendar, these sources remain the primary references for confirming whether the TSX is open, closed, or experiencing system issues.
Notes on currency and accuracy
Market status can change rapidly due to emergency events or late holiday observances. For a definitive answer to "is the toronto stock exchange closed today", always confirm with TMX Group’s trading status page and your broker’s platform for real-time status. If you need continuous alerts and operational readiness, subscribe to TMX notices and broker alerts.
Further practical tip: when trading Canadian-listed crypto ETFs or other sensitive instruments, verify both the listing venue and post-trade settlement windows before placing large or time-sensitive orders.
Practical call to action
If you trade Canadian securities or crypto-related ETFs and want a streamlined execution and custody experience that aligns with market hours and real-time alerts, consider using Bitget’s trading platform for order execution and Bitget Wallet for custody of web3 assets. Subscribe to exchange notices and set broker alerts to ensure you always know whether the TSX is open or closed today.
