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Thursday, June 13, 2024

UTP Vendor Alert #2024 - 9
UTP SIP Market Holiday Reminder: Independence Day

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 on Thursday, July 4, 2024, and will close early on Wednesday, July 3, 2024, in observance of US Independence Day.

  • To accommodate the early closing schedule, the UTP Securities Information Processor (UTP SIP) will adjust the closing transmission schedules for its data services. For the modified closing times on Wednesday, July 3, 2024, please refer to the UTP SIP Transmission Schedule.

What will close early?

U.S. markets and the Unlisted Trading Privileges (UTP) Plan participants will be closed on Thursday, July 4, 2024, and will close three hours early on Wednesday, July 3, 2024. 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.

For the modified closing times on July 3, 2024 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 July 3, 2024?

Yes, as announced in UTP Vendor Alert 2017-14 the UTP introduced dedicated Test Broadcast IP's, 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 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?