January 5, 2017
Pierce, (212) 313-1173, email@example.com
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
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.
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.
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
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SIFMA is the voice of the U.S. securities
industry, representing the broker-dealers, banks and asset managers whose
889,000 employees provide access to the capital markets, raising over $2.4
trillion for businesses and municipalities in the U.S., serving clients with
over $16 trillion in assets and managing more than $62 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.