SIFMA Market Close Recommendations for the US Memorial Day and UK Spring Bank Holidays

Release Date: May 14, 2015
Contact: Liz Pierce, 212-313-1173, [email protected]

SIFMA Market Close Recommendations for the US Memorial Day and UK Spring Bank Holidays

New York, N.Y., May 14, 2015– SIFMA made holiday recommendations for the U.S., the UK, and Japan in observance of the U.S. Memorial Day and the UK Spring Bank Holidays.

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.