Release Date: February 11,
2013
Contact: Liz Pierce, (212)
313-1173, [email protected]
SIFMA Recommends Full Market Close on February 18 for
Trading of US Dollar-Denominated Fixed-Income Securities in the US, UK and Japan
in Observance of the US Presidents’ Day Holiday
New York, N.Y., February
11, 2013 — SIFMA has confirmed its
previous recommendation for a full market close on Monday, February 18 for the
trading of US dollar-denominated fixed-income securities in the United States, the
United Kingdom and Japan in observance of the U.S. Presidents’ Day Holiday.
This 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.
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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The Securities Industry and
Financial Markets Association (SIFMA) brings together the shared interests of
hundreds of securities firms, banks and asset managers. SIFMA's mission is to develop policies and
practices which strengthen financial markets and which encourage capital
availability, job creation and economic growth while building trust and confidence
in the financial industry. 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 www.sifma.org.
