The Investment Dealers Association of Canada and its Capital Markets Committee are recommending a regular close for Canadian fixed income markets on Wednesday, November 10.
The IDA had previously announced a 13:00 ET early close for fixed income markets on the day preceding the November 11 Remembrance Day holiday.
However, market participants indicated a preference for normal working hours on that date as the U.S. Federal Open Market Committee is scheduled to release a statement following its regular meeting in the afternoon of November 10.