Release Date: March
Pierce, (212) 313-1173, firstname.lastname@example.org
SIFMA Issues 2018
Recommendations for Full and Early Holiday Closes in Japan
New York, NY,
March 6, 2016 - SIFMA today confirmed its 2018 holiday recommendations for the
trading of US dollar-denominated fixed-income securities in Japan.
recommendations apply to trading of US 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.
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. Early closes will not affect the closing time for settlements.
The full 2017 and
2018 holiday recommendations for the US and UK are listed on SIFMA's Website at
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SIFMA is the
voice of the U.S. securities industry. We represent the broker-dealers, banks
and asset managers whose nearly 1 million employees provide access to the
capital markets, raising over $2.5 trillion for businesses and municipalities
in the U.S., serving clients with over $20 trillion in assets and managing more
than $67 trillion in assets for individual and institutional clients including
mutual funds and retirement plans. 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 http://www.sifma.org.