Christmas and New Year Holiday reminder

Summary: 
UniCredit GSS presents a reminder of the upcoming holidays / non-working days in its core markets across Central and Eastern Europe for the 2016 Christmas and New Year period
Thu, 21/12/2017

Attached you will find a table with an overview of the market closure this upcoming Christmas and New Year Holidays. After the table, a more detailed explanation of each market follows.

 

Ref

December 2017

January 2018

22

23

24

25

26

27

28

29

30

31

1

2

3

4

5

6

7

Fri

Sat

Sun

Mon

Tue

Wed

Thu

Fri

Sat

Sun

Mon

Tue

Wed

Thu

Fri

Sat

Sun

Austria

1

W

WE

WE

H

H

W

W

W

WE

WE

H

W

W

W

W

WE

WE

Bosnia and Herzegovina

2

 W

 WE

WE

H

W

W

W

W

WE

WE

H

H

W

W

W

WE

WE

Bulgaria

3

W

WE

WE

H

H

H

W

W

WE

WE

H

W

W

W

W

WE

WE

Croatia

4

W

WE

WE

H

H

W

W

W

WE

WE

H

W

W

W

W

WE

WE

Czech Republic

5

W

WE

WE

H

H

W

W

W

WE

WE

H

W

W

W

W

WE

WE

Hungary

6

W

 WE

WE

H

H

W

W

W

WE

WE

H

W

W

W

W

WE

WE

Romania

7

W

 WE

WE

H

H

W

W

W

WE

WE

H

H

W

W

W

WE

WE

Russia

8

W

 WE

 WE

W

W

W

W

W

WE

WE

H

H

H

H

H

WE

WE

Serbia

9

W

WE

WE

W

W

W

W

W

 WE

 WE

H

H

W

W

W

WE

WE

Slovak Republic

10

W

WE

WE

H

H

W

W

W

 WE

WE

H

W

W

W

W

WE

WE

Slovenia

11

W

WE

WE

H

H

W

W

W

WE

 WE

H

H

W

W

W

WE

WE

 

1. Austria: 25.12.2017, 26.12.2017, 01.01.2018 - non-trading, non-settlement and non-banking days in Austria.

2. Bosnia and Herzegovina: 25.12.2017 - SASE closed, CSD in FBH Closed; 01.01.2018, 02.01.2018 - SASE, BLSE closed, no settlement (Both CSDs closed)

3. Bulgaria: 25.12.2017, 26.12.2017, 27.12.2017, 01.01.2018 - non-trading, non-settlement and non-banking days in Bulgaria.

4. Croatia: 25.12.2017, 26.12.2017, 01.01.2018 - non-trading, non-settlement and non-banking days in Croatia.

5. Czech Republic: 25.12.2017, 26.12.2017, 01.01.2018 - non-trading, non-settlement and non-banking day in Czech Republic.

6. Hungary: 25.12.2017, 26.12.2017, 01.01.2018 - non-trading, non-settlement and non-banking day in Hungary.

7. Romania: 25.12.2017, 26.12.2017, 01.01.2018, 02.01.2018 - non-trading, non-settlement and non-banking day in Romania.

8. Russia: 01.01.2018 to 8.01.2018- are holiday in Russia with the following exceptions: 3 - 5 January 2017 will be regular working days for CSD and MOEX with limitations set by CBR, that will be closed for the holidays.  AO UCB will be closed during New Year & Christmas holidays and will resume its activities on 9 January 2018.

9. Serbia: 01.01.2018, 02.01.2018 - Full market closure in Serbia.

10. Slovakia: 25.12.2017, 26.12.2017, 01.01.2018 - non-trading, non-settlement and non-banking day in Slovakia. 02.01.2018 - BSSE (Bratislava Stock Exchange) is closed for trading on this day , trades already concluded, registered for confirmation in IS PTA (Information System Post Trading Application) will be transferred for settlement to local CSDSR (Central Securities Depository of Slovak Republic).  Deadline for confirmation of trades will be shortened to 2 p.m..

11. Slovenia: 25.12.2017, 26.12.2017, 01.01.2018 - non-trading, non-settlement and non-banking day in Slovenia. 02.01.2018 – Limited settlement (trades executed on Stock Exchange are not settled on such date), non-trading and non-banking day in Slovenia. LJSE and all banks will be closed on these days CSD will be opened. Even if some market institutions may be opened on a holiday, settlement is not possible as all banks and brokerage houses are closed.

List of abbreviations and abridgments

BLSE – Banja Luka Stock Exchange (Republic of Srpska)
BNB (Bulgarian National Bank) – CSD for Government Securities
BSE-Sofia – Bulgarian Stock Exchange-Sofia
BVB – Bucharest Stock Exchange
CBR – Central Bank of Russia
CDAD (Central Depository AD) – CSD for all dematerialized securities except Government Securities
CDCP – CSD of Czech Republic
CET – Central European Time
CSD – Central Securities Depository
Depozitarul Central – CSD of Romania
DVP – Delivery Versus Payment
FBiH – Federation of Bosnia and Herzegovina
FOP – Free of payment
KDD – Central Securities Depository of Slovenia
LJSE – Ljubljana Stock Exchange
MOEX – Moscow Exchange
National Settlement Depository – CSD of Russia
OTC – over the counter
PSE – Pr ague Stock Exchange
RINGS – the real-time gross settlement system for BGN payments
RS – Republic of Srpska
RTGS – Real-time gross settlement
SASE – Sarajevo Stock Exchange (Federation of Bosnia and Herzegovina)
SE – Stock Exchange
STP – Straight-through processing
UniCredit Banka Slovenija d.d. – UniCredit Bank in Slovenia, member of UniCredit Group
VSE – Vienna Stock Exchange
WSE – Warsaw Stock Exchange
ZABA  – Zagrebačka Bank d.d., UniCredit Group
ZSE – Zagreb Stock Exchange