Release Date: February 11, 2015
Contact: Liz Pierce, (212) 313-1173, [email protected]

SIFMA Recommends Full Market Close on February 16 for Trading of US Dollar-Denominated Fixed-Income Securities in Observance of the Presidents Day Holiday

New York, N.Y., February 11, 2015 – SIFMA has confirmed its previous recommendation for a full market close on Monday, February 16 for the trading of US dollar-denominated fixed-income securities in the United States, the United Kingdom and Japan in observance of the Presidents Day 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 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, 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.