Loan Market Holiday – Good Friday

In observance of Good Friday in the United States, the LSTA recommends treating Friday, April 3, 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 recognizes the New York Stock Exchange and the Federal Reserve Bank of New York holiday closings.  The New York Stock Exchange will be closed on April 3rd in observance of Good Friday.

The New York Fed’s 2026 Holiday Schedule can be found by clicking here

Click here for the 2026 NYSE Holiday Schedule

Ellen Hefferan

Executive Vice President of Operations & Accounting

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