On-exchange Trades Settlement Cycle Delayed

UniCredit Bank Austria AG
Summary: 
Due to technical problems at CCP.A the first settlement cycle on 10 February 2015 was initiated with a delay
Tue, 10/02/2015

The first settlement cycle for on-exchange trades started with a delay resulting from technical difficulties at CCP.A - instead of the usual start of 10:00 CET, today the start was delayed until 11:45 CET. CCP.A however expects no further delays and the second settlement cycle, sheduled to commence at 14:00 CET, is expected to run normally.

Please note that the above is only related to the settlement the trades executed on Vienna Stock Exchange by exchange members. There is no impact on OTC settlement activity.

Impact on investors: Members of Vienna Stock Exchange will experience delays of approximately 1h 45min in receiving their settlement confirmations.