In observance of Good Friday in the United States, the Loan Syndications and Trading Association (LSTA) recommends treating Friday, April 15, 2022 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 trade date.  Business days do not include Saturdays, Sundays or any day the Federal Reserve Bank of New York is closed.  The LSTA recognizes both the New York Stock Exchange and the Federal Reserve Bank of New York holiday closings when making its recommendations.  The New York Stock Exchange will be closed on April 15th in observance of Good Friday.

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 logoMorningstarRefinitiv-(March-2019)
Total Results: 

Sort by:

CLO Snapshot: Past and Future

December 8, 2022 - It has been a challenging – though perhaps ultimately rewarding – year in the CLO space. Despite a tricky arbitrage environment,…