Trade Date — Settlement Date Schedule For 2001
INFORMATIONAL
Trade Date — Settlement Date
| SUGGESTED ROUTING |
KEY TOPIC |
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Internal Audit |
Holiday Trade Date — Settlement Date Schedule |
Martin Luther King, Jr., Day: Trade Date — Settlement Date Schedule
The Nasdaq Stock Market® and the securities exchanges will be closed on Monday, January 15, 2001, 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. 9 | Jan. 12 | Jan. 17 |
| 10 | 16 | 18 |
| 11 | 17 | 19 |
| 12 | 18 | 22 |
| 15 | Markets Closed | — |
| 16 | 19 | 23 |
Presidents Day: Trade Date — Settlement Date Schedule
The Nasdaq Stock Market and the securities exchanges will be closed on Monday, February 19, 2001, 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. 13 | Feb. 16 | Feb. 21 |
| 14 | 20 | 22 |
| 15 | 21 | 23 |
| 16 | 22 | 26 |
| 19 | Markets Closed | — |
| 20 | 23 | 27 |
Good Friday: Trade Date — Settlement Date Schedule
The Nasdaq Stock Market and the securities exchanges will be closed on Good Friday, April 13, 2001. "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 9 | April 12 | April 17 |
| 10 | 16 | 18 |
| 11 | 17 | 19 |
| 12 | 18 | 20 |
| 13 | Markets Closed | — |
| 16 | 19 | 23 |
Memorial Day: Trade Date — Settlement Date Schedule
The Nasdaq Stock Market and the securities exchanges will be closed on Monday, May 28, 2001, 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 22 | May 25 | May 30 |
| 23 | 29 | 31 |
| 24 | 30 | June 1 |
| 25 | 31 | 4 |
| 28 | Markets Closed | — |
| 29 | June 1 | 5 |
Independence Day: Trade Date — Settlement Date Schedule
The Nasdaq Stock Market and the securities exchanges will be closed on Wednesday, July 4, 2001, 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 | 9 |
| July 2 | 6 | 10 |
| 3 | 9 | 11 |
| 4 | Markets Closed | — |
| 5 | 10 | 12 |
Labor Day: Trade Date — Settlement Date Schedule
The Nasdaq Stock Market and the securities exchanges will be closed on Monday, September 3, 2001, 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. 28 | Aug. 31 | Sept. 5 |
| 29 | 4 | 6 |
| 30 | 5 | 7 |
| 31 | 6 | 10 |
| Sept. 3 | Markets Closed | — |
| 4 | 7 | 11 |
Columbus Day: Trade Date — Settlement Date Schedule
The schedule of trade dates-settlement dates below reflects the observance by the financial community of Columbus Day, Monday, October 8, 2001. 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. 2 | Oct. 5 | Oct. 9 |
| 3 | 9 | 10 |
| 4 | 10 | 11 |
| 5 | 11 | 12 |
| 8 | 11 | 15 |
| 9 | 12 | 16 |
Note: October 8, 2001, is considered a business day for receiving customers' payments under Regulation T of the Federal Reserve Board.
Transactions made on Monday, October 8, will be combined with transactions made on the previous business day, October 5, for settlement on October 11. 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 8.
Veterans Day And Thanksgiving Day: Trade Date — Settlement Date Schedule
The schedule of trade dates-settlement dates below reflects the observance of the financial community of Veterans Day, Monday, November 12, 2001, and Thanksgiving Day, Thursday, November 22, 2001. On Monday, November 12 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 22, 2001 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 |
| 12 | 15 | 19 |
| 13 | 16 | 20 |
| 16 | 21 | 26 |
| 19 | 23 | 27 |
| 20 | 26 | 28 |
| 21 | 27 | 29 |
| 22 | Markets Closed | — |
| 23 | 28 | 30 |
Note: November 12, 2001, is considered a business day for receiving customers' payments under Regulation T of the Federal Reserve Board.
Transactions made on November 12 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 12.
Christmas Day And New Years Day: Trade Date — Settlement Date Schedule
The Nasdaq Stock Market and the securities exchanges will be closed on Tuesday, December 25, 2001, in observance of Christmas Day, and Tuesday, January 1, 2002, in observance of New Years 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. 24 | Dec. 27 |
| 20 | 26 | 28 |
| 21 | 27 | 31 |
| 24 | 28 | Jan. 2, 2002 |
| 25 | Markets Closed | — |
| 26 | 31 | 3 |
| 27 | Jan. 2, 2002 | 4 |
| 28 | 3 | 7 |
| 31 | 4 | 8 |
| Jan. 1, 2002 | Markets Closed | — |
| 2 | 7 | 9 |
Brokers, dealers, and municipal securities dealers should use the foregoing settlement dates for purposes of clearing and settling transactions pursuant to the National Association of Securities Dealers, Inc. (NASD®) Uniform Practice Code, the Municipal Securities Rulemaking Board Rule G-12 on Uniform Practice, and the General and Floor Rules of the Rules of the Board of Governors of the American Stock Exchange®.
Questions regarding the application of those settlement dates to a particular situation may be directed to the NASD Uniform Practice Department at (203) 375-9609.
* Pursuant to Sections 220.8(b)(1) and (4) of Regulation T of the Federal Reserve Board, a broker/dealer must promptly cancel or otherwise liquidate a customer purchase transaction in a cash account if full payment is not received within five business days of the date of purchase or, pursuant to Section 220.8(d)(1), make application to extend the time period specified. The date by which members must take such action is shown in the column titled "Reg. T Date."