NASD Notice to Members 98-086 - October 1998

Columbus Day: Trade Date-Settlement Date Schedule

Executive Summary

The schedule of trade dates-settlement dates below reflects the observance by the financial community of Columbus Day, Monday, October 12, 1998. 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.