In observance of Columbus Day, LSTA recommends treating Monday, October 12, 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, LSTA recognizes the Federal Reserve Bank of New York and the New York Stock Exchange holiday closings. The Federal Reserve Bank of New York will be closed on Monday, October 12th, in observance of Columbus Day. The New York Stock Exchange will be open.
The New York Fed’s 2026 Holiday Schedule can be found by clicking here.
Click here for the 2026 NYSE Holiday Schedule.
