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SIFMA Recommends Full Market Close on January 16 in the US, UK and Japan in Observance of the Martin Luther King, Jr. Day Holiday

  Release Date: January 5, 2017 
Contact: Liz Pierce, (212) 313-1173, lpierce@sifma.org   

  SIFMA Recommends Full Market Close on January 16 for Trading of US Dollar-Denominated Fixed-Income Securities in the US, UK and Japan in Observance of the Martin Luther King, Jr. Day Holiday

  New York, N.Y., January 5, 2017 — SIFMA has confirmed its previous recommendation for a full market close on Monday, January 16 for the trading of U.S. dollar-denominated fixed-income securities in the United States, United Kingdom and Japan in observance of the U.S. Martin Luther King, Jr. Day Holiday.

  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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 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 $18.5 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.

 

 

 


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Katrina Cavalli
212.313.1181


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 Liz Pierce

212.313.1173

 

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Carol Danko
202.962.7390

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