You’re staring at your trading screen, coffee in hand, wondering why the tickers aren’t moving. Or maybe you're just planning your week. Either way, the question of is the toronto stock market open today (Thursday, January 15, 2026) is straightforward: Yes, the Toronto Stock Exchange (TSX) is open for business. Unless there’s a massive power outage or a sudden localized emergency in the downtown core, Bay Street is buzzing. In 2026, the markets follow a rigid schedule that most retail investors actually forget until they’re locked out of a trade.
The Current Market Status for January 15, 2026
Since today is a Thursday and not one of the designated statutory holidays in Canada, the TSX is operating on its standard schedule.
The core trading session runs from 9:30 a.m. to 4:00 p.m. ET.
But that's not the whole story. If you’re a professional or a high-frequency trader, your day started much earlier. The "Pre-Open" session actually kicks off at 7:00 a.m. ET. This is when orders can be entered but not executed, basically a way for the market to feel out where prices should land when the bell rings.
By the time you hit the 4:00 p.m. close, the "Extended Trading" session takes over until 5:00 p.m. ET. This is specifically for those "Last Sale" trades.
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Why People Get Confused
Honestly, the biggest reason people ask is the toronto stock market open today is because of the U.S. holiday calendar. We are currently just a few days away from Martin Luther King Jr. Day, which falls on Monday, January 19, 2026.
On that day, the New York Stock Exchange (NYSE) and NASDAQ will be closed. But the TSX? They’ll be wide open. It creates this weird "ghost market" feeling where Canadian stocks trade without their usual American counterparts providing liquidity and direction.
2026 TSX Holiday Schedule: The Days They Actually Close
If you want to avoid being the person trying to buy Shopify shares on a random Monday when the market is dead, keep these 2026 dates in mind.
- New Year's Day: Thursday, January 1 (Closed)
- Family Day: Monday, February 16 (Closed)
- Good Friday: Friday, April 3 (Closed)
- Victoria Day: Monday, May 18 (Closed)
- Canada Day: Wednesday, July 1 (Closed)
- Civic Holiday: Monday, August 3 (Closed)
- Labour Day: Monday, September 7 (Closed)
- Thanksgiving Day: Monday, October 12 (Closed)
- Christmas Eve: Thursday, December 24 (Early Close at 1:00 p.m. ET)
- Christmas Day: Friday, December 25 (Closed)
- Boxing Day (Observed): Monday, December 28 (Closed)
Notice how the TSX stays open for things like Remembrance Day (November 11). Banks might be closed or on limited hours, but the exchange keeps humming along.
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The Impact of Regional Holidays
Canada is big. Really big.
Sometimes, Quebec has a holiday like St-Jean-Baptiste Day (June 24). You might think the whole country shuts down. Nope. The TSX is located in Ontario, so it follows Ontario’s provincial holiday schedule and federal Canadian holidays.
If you live in Vancouver or Montreal and your local bank is closed for a provincial reason, don't assume the market is. You’ve probably got trades to make.
The Mid-Week Slump and Liquidity
Trading on a Thursday like today is usually pretty "standard." However, because we are in the middle of January, we’re seeing the tail end of the "January Effect." This is that somewhat debunked but still talked-about theory where stocks—especially small caps—rise in the first month of the year as investors reposition their portfolios after year-end tax loss harvesting.
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If you're looking at the TSX today, you're likely seeing the energy and materials sectors doing the heavy lifting. That's just the nature of the Canadian beast.
Is the Toronto Stock Market Open Today for Derivatives?
This is where it gets slightly more technical. The Montreal Exchange (MX), which handles most of Canada’s financial derivatives (like options and futures), sometimes has slightly different hours or "early closes" compared to the main TSX equity market.
For today, January 15, the MX is following the TSX. They open and close roughly at the same time for equity derivatives. But if you were trading interest rate futures, those sessions often start the night before. It’s a 24-hour-style cycle that most casual investors never even see.
What to do if you can't trade
If for some reason you can't get an order through today, check your broker first. Sometimes "Is the market open?" isn't the problem—it's "Is my broker's API down?"
Questrade, Wealthsimple, and the big bank platforms (like RBC Direct Investing or TD Direct Investing) occasionally have maintenance windows. Usually, these are on weekends, but early morning glitches happen.
Actionable Steps for Traders Today
- Check the VIXC: Before you dive in, look at the Canadian Volatility Index. It’ll tell you if today is going to be a choppy ride or smooth sailing.
- Verify U.S. Correlation: Since the U.S. markets are open today, keep an eye on the S&P 500. The TSX often mimics its southern neighbor, even if our sector weights (oil and banks) are different.
- Prepare for Monday: Remember that the U.S. is closed this coming Monday. If you have dual-listed stocks (like TD or Enbridge), liquidity will be much lower on Monday. You might want to get your "big" moves done today or tomorrow.
- Currency Watch: The CAD/USD pair often fluctuates during the mid-morning session (around 10:30 a.m. ET) when economic data is released. If you're trading cross-border, that's your window.
Today is a perfectly normal trading day. No holidays, no early closes, just regular Bay Street business. Get your orders in before the 4:00 p.m. bell if you want to catch the closing auction.