SIFMA Recommends Full Market Close on September 22 for Trading of US Dollar-Denominated Fixed-Income Securities in Japan

Release Date: August 19, 2015
Contact: Katrina Cavalli, (212) 313-1181, [email protected]

SIFMA Recommends Full Market Close on September 22 for Trading of US Dollar-Denominated Fixed-Income Securities in Japan in Observance of the Bridge Public Holiday

New York, N.Y., August 19, 2015– SIFMA is adding to its recommendations in Japan a full market close on Tuesday, September 22, for trading of US dollar-denominated fixed-income securities in Japan in observance of the Bridge Public Holiday.

This recommendation applies 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.

SIFMA’s recommended 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, 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.