INTERNATIONAL: SIFMA Recommends Closures for Columbus Day And Sports Day Holidays

Tuesday October 8 2013

News Source: Global Exchanges

Focus: Holidays and Opening Hours and suspensions

Type: General

Country: International

Link: http://www.sifma.org/newsroom/2013/sifma-recommends-full-market-close-on-october-14-in-the-us,-uk,-japan-in-observance-of-the-columbus-day-and-sports-day-holidays/

SIFMA has recommended a full market close on Monday, October 14 for the trading of US dollar-denominated fixed-income securities in the U.S., U.K. and Japan in observance of the Columbus Day and Sports Day Holidays.

These recommendations apply 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 suggestions of 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.

Click on the above link for more details.