New Year's Day (January 1 2024)

In observance of New Year’s Day, the LSTA recommends treating Monday, January 1, 2024, 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 both the Federal Reserve Bank of New York and the New York Stock Exchange holiday closings.  Both will be closed on Monday, January 1st in observance of New Year’s Day.

Click here for the 2024 Loan Market Holidays.

Downloads
File
New-Years-Day-January-1-2024.pdf

Become a Member

Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.

View Current Members

Our Partners

CUSIPFitch Group logolseg_da_logo_hrz_rgb_posMorningstar
Total Results: 

Sort by:

The Kirschner Case: This is the End

The Supreme Court denied Kirschner's petition for certiorari, finally ending the case. As LSTA's Elliot Ganz explains, this cements that syndicated loans are not securities,…