SIFMA Recommends Full Market Closes On August 27 And September 3 For Trading Of US Dollar-Denominated Fixed-Income Securities In The UK In Observance Of The UK Summer Bank And US Labor Day Holidays, Respectively

The Securities Industry and Financial Markets Association has confirmed its previous recommendation for full market closes on Monday, August 27, and Monday, September 3, for the trading of US dollar-denominated fixed-income securities in the United Kingdom in observance of the UK Summer Bank and US Labor Day 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.