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Wednesday, December 19, 2018

UTP Vendor Alert #2018 - 17
UTP SIP Market Holiday Reminder: Christmas and New Year

Markets Impacted:

Products Impacted:

Contact Information:

What you need to know:

The UTP Plan participants and U.S. equities and options markets will be closed in observance of the Christmas holiday and New Year’s holiday.

Additionally the markets will observe an early close on Monday, December 24, 2018.

Market Holiday Reminder?

The UTP Plan participants and U.S. equities and options markets will be closed on Tuesday, December 25, 2018, in observance of the Christmas holiday, and will be closed on Tuesday, January 1, 2019, in observance of the New Year’s holiday.

Additionally the markets will observe an early close on Monday, December 24, 2018.

What will close early on Monday, December 24, 2018?

U.S. markets and the Unlisted Trading Privileges (UTP) Plan participants will close three hours early on Monday, December 24, 2018. The early close schedule will be:

Market Session Normal Hours Eastern Time (ET) Early Close Hours (ET)
Pre-Market Trading Session 4:00 a.m. to 9:29 a.m. 4:00 a.m. to 9:29 a.m.
Regular Market Session 9:30 a.m. to 4:00 p.m. 9:30 a.m. to 1:00 p.m.
Post-Market Trading Session 4:00 p.m. to 8:00 p.m. 1:00 p.m. to 5:00 p.m.

What is the UTP data feed schedule for December 24, 2018?

To accommodate the early closing schedule, the UTP SIP will adjust the closing transmission schedules for its data services. For the modified closing times on December 24, 2018 please refer to the UTP SIP Transmission Schedule on the UTP Plan website for a detailed listing of early close message timing.

Please note that all trade transactions reported after 1:00 p.m., ET, should be marked with an appropriate extended-hours sale condition modifier on UTP early close dates.

Can test data be disseminated on the early close for December 24, 2018?

Yes, as announced in UTP Vendor Alert 2017-14, the UTP SIP introduced new “Test Broadcast” IP Multicast Channels dedicated to evening format and content testing. While this change is designed to minimize the possibility of data recipients processing test data as production data, during non-market hours the UTP SIP may broadcast unmarked test data. Data recipients should continue to take necessary precautions to protect their systems against database corruption during evenings, weekends, early close and market holidays.

Who should I contact for additional information?