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SIFMA Recommends Open Market On October 31 For Trading Of U.S. Dollar-Denominated Fixed-Income Securities In The U.S.

Date 30/10/2012

The Securities Industry and Financial Markets Association (SIFMA) recommends the market be open on Wednesday, October 31, for the trading of U.S. dollar-denominated fixed-income securities in the United States.

This recommendation applies to trading of U.S. 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.