SIFMA Market Close Recommendations for the US Columbus Day Holiday

Release Date: September 30, 2016
Contact: Liz Pierce, (212) 313-1173, [email protected]

SIFMA Market Close Recommendations for the US Columbus DayHoliday

New York, N.Y., September 30, 2016 — SIFMA has confirmed its previous holiday recommendations for the U.S., the UK, and Japan in observance of the U.S. Columbus Day holiday.

These recommendations apply 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 $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.