TSP Among Closures from Hurricane Sandy
by Ian Smith |
The New York Stock Exchange is closed on Monday, October 29 and Tuesday, October 30 due to Hurricane Sandy hitting the northeast. The Thrift Savings Plan is closed as well.
TSP participants can plan on having any transactions they submitted processed mid-week after markets re-open which will likely be Wednesday. The TSP’s web site states:
Due to Hurricane Sandy, the US markets are closed Monday, October 29 and Tuesday, October 30. Any transactions received after 12:00 PM on Friday, October 26, will be processed as of the close of business on the day the market reopens which is currently anticipated to be Wednesday (October 31st) at Wednesday’s closing share prices.
You probably have noticed that the daily TSP share prices are not updating on FedSmith.com; since we get the daily share prices from the TSP for inclusion on FedSmith.com, TSPDataCenter.com, and in our daily TSP rates summary email, the updates of the share prices have been suspended along with the market’s closing but will resume after the TSP reopens later this week.
You can sign up to receive the daily closing TSP share prices for free in your inbox at TSPDataCenter.com.
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