Release Date: June 26, 2014 Contact: Katrina Cavalli (212) 313-1181,
SIFMA Market Close Recommendations for US Independence Day Holiday in the US, the UK and Japan
New York, N.Y., June 26, 2014 - SIFMA confirmed previous recommendations for the U.K., and Japan in observance of the U.S. Independence Day Holiday.
SIFMA updated its U.S. holiday calendar to recommend an early market close at 2:00 p.m., EDT, on Thursday, July 3 and confirmed its previous recommendation for a full market close on Friday, July 4 for the trading of US dollar-denominated fixed-income securities in the United States in observance of the Independence Day Holiday, Read full updated recommendation.
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.
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The Securities Industry and Financial Markets Association (SIFMA) brings together the shared interests of hundreds of securities firms, banks and asset managers. SIFMA's mission is to develop policies and practices which strengthen financial markets and which encourage capital availability, job creation and economic growth while building trust and confidence in the financial industry. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA). For more information, visit www.sifma.org.