Working Saturday Reminder

Hungary
UniCredit Bank Hungary Zrt.
Summary: 
Saturday, 21 April 2018 will be a substitute working day related to the public holiday on Monday, 30 April 2018
Thu, 19/04/2018

 

Saturday, 21 April 2018 has been set as an additional working day in Hungary, replacing Monday, 30 April 2018, which will be a public holiday in accordance with the local market practice.

On Saturday, 21 April 2018 local banks, KELER and KELER CCP will be open.

UniCredit Bank Hungary and both KELER and KELER CCP will be operating with shortened deadlines. As a result, UniCredit Bank Hungary will accept client instructions for same-day settlement on this day until 12:00 CET only.

On this additional working day trading on Budapest Stock Exchange or on MTS Hungary will not be possible and thus no clearing will take place.

Detailed information on the upcoming public holidays on Monday, 30 April 2018 and Tuesday, 1 May 2018 will be published in due course.

 

Impact on investors: All banks, KELER and KELER CCP will be open on the substitute working Saturday, 21 April 2018, operating with shortened deadlines. Trading on Budapest Stock Exchange and on MTS Hungary will not be possible and no clearing will take place.