Holiday Reminder

UniCredit Bank Austria AG
22 October 2018 and 23 October 2018 will be public holidays in Hungary, while 26 October 2018 will be public holiday in Austria
Tue, 16/10/2018


Tuesday, 23 October 2018 will be public holiday in Hungary and additionally, Monday, 22 October 2018 be a bridge holiday. Banks in Hungary, KELER, KELER CCP, BSE and MTS Hungary will be closed during the above holidays. Trading on BSE and MTS Hungary will not be possible on those two days, no clearing and settlement will take place and no payments will be executed. The following schedule will apply to the standard T+2 settlement cycle (on BSE and MTS Hungary):

where, T is trading day, S is settlement day (T+2), H is holiday and WE is weekend day.


Furthermore, in Austria, Friday, 26 October 2018 will be public holiday. Vienna Stock Exchange, CCP.A and all banks will be closed on this day. However, OeKB CSD will be open and processing OTC settlement. UniCredit Bank Austria will be supporting OTC settlement activities (both against payment and free of payment) with staff on duty from 09:00 CET to 16:00 CET.


Impact on investors: In Hungary, no trading, clearing, settlement and payment operations will be possible on 22 and 23 October 2018. In Austria, only OTC settlement will be possible on 26 October 2018.