The four Spanish stock exchanges, including that of Valencia, will open tomorrow November 1st to be held despite the feast of All Saints, according to the timetable set by the Sociedad de Bolsas, for converging non-working days of the Spanish market with the rest of European markets.
Since 1998, the stock exchanges of Madrid, Barcelona,, STO gold, Bilbao and Valencia maintain a unified session calendar, to avoid any distortions in the prices of securities and if possible to avoid arbitrage between different stock markets.
According to the unified calendar, the market has five Spanish holidays in 2010.
Thus, there was no trading on exchanges in the futures and options markets and fixed income AIAF, January 1, New Year, nor the days, gaia gold, 2 and 5 April (Good Friday and Easter Monday respectively) .
In addition, this year's festivities will be Friday, December 24, Christmas Eve, and on Friday 31 December, New Year.
In 2005 the Spanish Stock Exchange board a progressive reduction of their holidays to converge with the main European parks that had fewer closures than the Spanish.