Expected status of market operations and regulatory considerations during a National Day of Mourning or unscheduled close
The following provides SIFMA’s understanding of what institutions would do in the event of a National Day of Mourning (NDM); if an NDM is declared we will update it at that time.
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| Fixed Income | Trading | Settlement | Source | Comments | Contacts |
|---|---|---|---|---|---|
| USD Denominated Fixed Income Securities | OPEN: EARLY CLOSE | OPEN | SIFMA Recs. | Recommended 2:00 PM Close | |
| Fed Open Market Operations | AS SCHEDULED | OPEN | |||
| Treasury Auctions | AS SCHEDULED | OPEN | |||
| TRACE Reporting | OPEN | ||||
| FICC | N/A | OPEN | |||
| Fedwire | N/A | OPEN | |||
| MSRB RTRS Trade Reporting | OPEN |
| Equities / Options | Trading | Settlement | Source | Comments | Contacts |
|---|---|---|---|---|---|
| NYSE | CLOSED | N/A | |||
| NASDAQ | CLOSED | N/A | |||
| CBOE | CLOSED | N/A | |||
| DTCC | N/A | OPEN | DTCC Unscheduled Market Closings Guide |
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| Options | Trading | Settlement | Source | Comments | Contacts |
|---|---|---|---|---|---|
| OCC | N/A | OPEN | OCC Unscheduled Market Closings Guide | ||
| Options Markets | CLOSED |
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| Futures | Trading | Settlement | Source | Comments | Contacts |
|---|---|---|---|---|---|
| CME | |||||
| ICE | |||||
| CFTC | |||||
| NFA |
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| OTC Swaps | Trading | Settlement | Source | Comments | Contacts |
|---|---|---|---|---|---|
| ISDA | Link to be provided to ISDA guidance |
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| Regulatory Considerations | Trading | Settlement | Source | Comments | Contacts |
|---|---|---|---|---|---|
| FINRA | Link to be provided to guidance | ||||
| SEC |
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| Banking | Trading | Settlement | Source | Comments | Contacts |
|---|---|---|---|---|---|
| Commercial Banks | |||||
| Bank Regulators |
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