KELER technical issue Update

UniCredit Bank Hungary Zrt.
Summary: 
Update on delays in the settlement of securities transactions at KELER
Thu, 30/12/2021

UniCredit Bank Hungary GSS informs its partners that KELER, the local CSD experiences technical issues therefore delays can be expected in the securities settlement in KELER.

The issue has now been resolved, however market participants must resend the affected transactions to KELER’s system originally sent between 9:45 and 10:08 this morning. Although UniCredit Bank Hungary has already successfully resubmitted all the instructions received from the clients we may experience delays on other KELER participant’s side. The settlement process will be back to normal once all instructions are resubmitted.

 UniCredit Bank Hungary will continue to monitor the situation and keep you informed on any developments.

 

Impact on investors: Due to a temporary technical issue at KELER, delays can be expected in the settlement of securities transactions.