In observance of Labor Day, LSTA recommends treating Monday, September 7, 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 New York Stock Exchange and the Federal Reserve Bank of New York holiday closings. Both will be closed on Monday, September 7, in observance of Labor Day.
The New York Fed’s 2026 Holiday Schedule can be found by clicking here.
Click here for the 2026 NYSE Holiday Schedule.
