Should the Stock Exchange close on Good Friday

[little2add]

Now that Easter is  not really celebrated due to the separation of church and state should  the New York stock exchange  and banks continue oo close on Good Friday 

Not too long ago "spring break" was known as Easter vacation and so on and so forth...

 

 

[AccountDeleted]

Well, Australia is a very secular place but because they love their days off, Good Friday AND Easter Monday are public holidays. Yay.  

[little2add]

 

if the stock market is open then the money brokers will not be able to go the church. 

[little2add]

The New York Stock Exchange, aka the Big Board, has been closed every Good Friday for some 150 years, with the exception of 1898, 1906, and 1907. The Friday before Easter is the only non-federal holiday among the exchange's nine closed days.

My favorite, and the one I heard around the trading floors of New York, was that two or three years in a row during the 1890′s, there was a big drop in the market on Good Friday. Traders took it as a sign from God that he didn’t want the exchange open.

But the real reason the market is closed on Good Friday has more to do with the fact that around the turn of the century there have was many Irish Catholic chairmen and Irish Catholic traders in the exchange’s history that were expected to be in church on Good Friday  Church going meant that demand and trading activity would have been light on Good Friday.

[AccountDeleted]

So as not to upset the secularists, they should close, but call it Stock Market Exchange Holiday. Nothing makes everything more acceptable than a secular name, right?