A# |
5658 |
P&S #: |
5228 |
DATE: |
August 5, 2003 |
| TO: |
ALL PARTICIPANTS |
ATTENTION: |
Managing Partner/Officer, |
FROM: |
Enterprise Service Center |
| SUBJECT: | LABOR DAY HOLIDAY SCHEDULE |
National Securities Clearing Corporation, the New York and American Stock Exchanges, the Nasdaq System and all New York Banks will be closed on Monday, September 1, 2003 in observance of Labor Day. The following changes in NSCC’s operations and schedules will be in effect:
COMPARISON SYSTEMS:
Trade input for Listed and OTC equities for trade date August 29, 2003 will
be accepted no later than 12:00 Midnight on August 29, 2003. Trade input for
the Fixed Income Transaction System (FITS) for trade date August 29, 2003
will be accepted no later than 12:00 Midnight on August 29, 2003.
CNS CONTINUOUS NET SETTLEMENT (ESS):
Seg. Exemptions and Priority Requests for settlement of Tuesday, September
2, 2003 will be accepted on Friday evening, August 29, 2003
CENTRAL DELIVERY, SETTLEMENT:
No Deliver or Settlement Operations will be provided on Monday, September
1, 2003.
INTER-CITY DELIVERIES:
Inter-City Deliveries will be accepted on Friday evening, August 29, 2003
for settlement September 2, 2003.
STOCK BORROW PROGRAM:
Stock Borrow availability information will be accepted on Friday evening,
August 29, 2003 for settlement Tuesday, September 2, 2003.
ACAT – AUTOMATED CUSTOMER ACCOUNT TRANSFER:
No ACAT activity will be accepted on Monday, September 1, 2003.
ACAT – FUND/SERV INTERFACE:
No ACAT – FUND/Serv Interface activity will be accepted on Monday, September
1, 2003.
MUTUAL FUND COMMISSION SETTLEMENT:
No Mutual Fund Commission Settlement activity will be accepted on Monday,
September 1, 2003.
FUND/SERV AND NETWORKING:
No Fund/Serv or Networking activity will be accepted on Monday, September
1, 2003.
INSURANCE PROCESSING:
No Insurance processing will be provided on Monday, September 1, 2003.
Any questions regarding this Important Notice can be directed to the undersigned
at (212) 855-5623 or NSCC Participant Services at
(212) 855-4155.
Florence Santiago
Manager
Enterprise Service Center