Collections for Monday, January 2
, will be on Wednesday, January 4; Tuesday, January 3, will be on Thursday, January 5; Wednesday, January 4, will be on Friday, January 6; Thursday, January 5, will be on Saturday, January 7; Friday, January 6, on Monday, January 9.
NEW YORK -- The Depository Trust & Clearing Corporation (DTCC) announced today, while certain securities markets in the United States may close or conduct limited activity on Tuesday, January 2, 2007 in observance of the National Day of Mourning in honor of former President Gerald R.
DTCC subsidiaries will conduct "business as usual" in providing Clearance and Settlement and Asset Servicing services on January 2 and on subsequent days.
Regular and Retransmittal CNS Buy-Ins for execution on January 2 will be null and void.
Input may be for transactions for trade date January 2 and for any prior day activity.
NSCC will distribute all intra-day and end-of-day output as scheduled on January 2, regardless of input.
NSCC will process data to its next stage in the product life cycle (for example, "T" trades of December 29 will be netted and reported on the evening of January 2, on the Consolidated Trade Summary, for settlement date January 4).
The CNS night cycle for January 2 settlement will occur as normal on the evening of December 29, and the day cycle will conclude on January 2.
The night cycle for January 3 will begin as scheduled on the evening of January 2 and conclude normally prior to the day cycle of January 3.