SIFMA Recommends Full Market Closes on April 29 and May 2 for Trading of US Dollar-Denominated Fixed-Income Securities in the UK in Observance of the UK Bank (Prince William Royal Wedding) and UK Early May Bank Holidays, Respectively
SIFMA has confirmed its previous recommendations for full market closes on Friday, April 29 and Monday, May 2 for the trading of US dollar-denominated fixed-income securities in the United Kingdom in observance of the UK Bank (Prince William Royal Wedding) and UK Early May Bank Holidays, respectively.
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 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.