The Holidays page displays a calendar showing the predefined holidays in SDX Interest Rates for up to five currencies simultaneously, each in a different color.
The holidays themselves are the market standard holidays as published by ACI (the Financial Markets Association). SDX Interest Rates uses this data to determine whether a specific date is a valid trade date. A valid trade date is a day that by definition is not a weekend or a holiday. (A holiday is a day on which the banks of the currencies involved do not conduct business.)
To determine whether a date is a valid business day, the system looks at the day in terms of the currency involved in the transaction. This is the currency specified in the pricing page and in the Payment Holiday field in the Cash Flow Dates window. If these two currencies are different, the currency specified in the Payment Holiday field determines which holidays are applied.
You access the Holidays page by clicking the Holidays tab in the left hand menu or via the ribbon bar in the Market Data tab by clicking the Holidays button.
In the Holidays page for any month and year you can:
Display holidays for different currencies simultaneously. See Displaying Holidays for Different Currencies Simultaneously.
Change the currencies for which holidays are displayed. See Viewing the Holidays for a Specific Currency.
Displaying Holidays for Different Currencies Simultaneously
You can display the holidays for up to five currencies simultaneously,
To display holidays for the various currencies:
In the Holidays page check or uncheck the checkboxes as relevant.
Viewing the Holidays for a Specific Currency
You can see holidays for specific currencies.
To change the currencies for which holidays are displayed:
| 1. | In the Holidays page in the relevant text box select the currency to be replaced. |
| 2. | Type in the three-letter code for the new currency. |
| 3. | Click ‹TAB› or ‹ENTER›. The display is updated with the holidays for the new currency. |