Columbus Day may make the first day of trading for XRPN more complicated
Ai Focus
Evernorth is now expected to start trading on NASDAQ on Monday, October 12th. However, an administrative delay previously postponed the closing time to Friday, October 9th. But that day is Columbus Day in the United States. As pointed out by the XRP community account, stocks can be traded, but the bond market and banks are closed, and fund transfers cannot be made from brokerage accounts. Stock trades from the previous Friday will also not be settled until Tuesday.
XRP News: Why Columbus Day Could Make the First Trading Day of XRPN More Complex
Evernorth It is now anticipated that XRPN will begin trading on NASDAQ on Monday, October 12th. A previous administrative delay had postponed the closing time to Friday, October 9th.
However, this day is Columbus Day in the United States. A XRP community account believes that this timing is somewhat awkward: stocks can be traded, but the bond market and banks will be closed, making it impossible to wire funds to or transfer funds from brokerage accounts. Last Friday's stock trades will also be settled a day later, postponed to Tuesday.
The bond markets in Japan and Canada were closed due to holidays, while the bond markets in Europe and the UK remained open.
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