Thursday June 25 2015
News Source: Global Exchanges
Focus: Holidays and Opening Hours and suspensions
Type: General
SIFMA has confirmed its previous recommendation for a full market close on Friday, July 3 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. Independence Day Holiday. However, SIFMA notes that a number of primary dealers intend to provide limited staffing on funding desks on Friday, July 3, in order to accommodate any potential open-market operations by the Federal Reserve Bank of New York.
The 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.
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