SIFMA Issues Market Close Recommendations for Thanksgiving Holiday

SIFMA released market close recommendations for the U.S., the UK and Japan. In all three jurisdictions, SIFMA recommends full market closure on November 28 and early market close on November 29 for the Trading of U.S. dollar-denominated fixed-income securities.

SIFMA stated that these recommendations apply to the 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.

See: SIFMA Press Release.