.jpg)
SIFMA today issued its 2016 and 2017 holiday schedules for full and early market closes for the trading of US dollar-denominated fixed-income securities in the United States and the United Kingdom. SIFMA will publish its 2017 recommendations for Japan in early 2016.
The 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 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. Early closes will not affect the closing time for settlements.
The full 2016 and 2017 holiday recommendations for the US and UK are listed on SIFMA's Website at http://www.sifma.org/services/holiday-schedule/.
