UniCredit Bank Czech Republic and Slovakia,a.s.
Summary:
The cut-off time for shares and bonds (excluding T-bills) for the CDCP’s afternoon settlement cycle was extended for 10 minutes.
Tue, 07/05/2013
The Central Securities Depository Prague (CDCP) moved the settlement cut-off time for the afternoon settlement cycle:
|
CDCP (market) cut-off time |
Current time |
New time |
|
Shares and bonds (excluding T-bills) |
16:20 |
16:30 |
UniCredit Bank Czech Republic moved the cut-off time accordingly:
|
UniCredit cut-off time |
Current time |
New time |
|
Shares and bonds (excluding T-bills) |
15:20 |
15:30 |
Other cut-off times have not been altered. The change is effective immediately.
Related Newsflashes: UniCredit GSS Reduces Settlement, Corporate Actions Deadline
Impact on investors: The Central Securities Depository Prague moved the market cut-off time for the afternoon cycle to 16:30 (10 minutes more) and UniCredit moved its cut-off time to 15:30 for its clients accordingly.