In observance of the Birthday of Martin Luther King, Jr. holiday, the LSTA recommends treating Monday, January 19, 2026, as a loan market holiday for purposes of calculating delayed compensation under the LSTA standard forms of trade confirmation.
Delayed compensation accrues on loan market trades that do not settle within a set number of business days after the trade date. Business days do not include Saturdays, Sundays, or any day the Federal Reserve Bank of New York is closed. When making its recommendations, the LSTA takes into account the holiday closings of the Federal Reserve Bank of New York and the New York Stock Exchange. Both will be closed on Monday, January 19th, in observance of the Martin Luther King, Jr. holiday.
The New York Fed’s 2026 Holiday Schedule can be found by clicking here
Click here for the 2026 NYSE Holiday Schedule
