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SIFMA Recommends Open Market on October 31 for Trading of U.S. Dollar-Denominated Fixed-Income Securities in the U.S.

Release Date: October 30, 2012
Contact: Katrina Cavalli, 212.313.1181, kcavalli@sifma.org 

SIFMA Recommends Open Market on October 31 for Trading of U.S. Dollar-Denominated Fixed-Income Securities in the U.S.  

New York, NY, October 30, 2012 — The Securities Industry and Financial Markets Association (SIFMA) recommends the market be open on Wednesday, October 31, for the trading of U.S. dollar-denominated fixed-income securities in the United States.

This recommendation applies to trading of U.S. dollar-denominated government securities, mortgage- and asset-backed securities, over-the-counter investment-grade and high-yield corporate bonds, municipal bonds and secondary money market trading in bankers’ acceptances, commercial paper and Yankee and Euro certificates of deposit.

SIFMA’s recommended early and full market closes are recommendations only; each member firm should decide for itself whether its fixed-income departments remain open for trading. All SIFMA recommendations are subject to change due to market conditions.
 

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The Securities Industry and Financial Markets Association (SIFMA) brings together the shared interests of hundreds of securities firms, banks and asset managers. SIFMA's mission is to develop policies and practices which strengthen financial markets and which encourage capital availability, job creation and economic growth while building trust and confidence in the financial industry. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA). For more information, visit www.sifma.org.


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Contact

In New York:
Katrina Cavalli
212.313.1181


-or-


 Liz Pierce

212.313.1173

 

In Washington:

Carol Danko
202.962.7390

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