June 27, 2025
Ops Notice 2025-027
TMX Operational Notice
Change in Settlement Schedule for the Independence Day U.S. Holiday
Change in Settlement Schedule for the Independence Day U.S. Holiday
TMX Market Operations is advising all clients that U.S. markets are closed Friday, July 04, 2025 in observance of the Independence Day holiday.
All trades on Thursday, July 3, 2025 in U.S. dollar Securities will be for Special Settlement on Monday, July 7, 2025. T+2 special settlement rules are being imposed for these securities to accommodate the U.S. banking holiday on Friday, July 4, 2025. Trading in the corresponding securities which trade in Canadian dollars (if applicable) will not be affected by these special settlement rules.
Below is the Settlement schedule for the U.S. Dollar Traded Securities for this period:
|
Trade Dates |
Settlement Dates |
|
Thursday, July 3, 2025 |
Monday, July 7, 2025 |