KELER technical issues

UniCredit Bank Hungary Zrt.
Summary: 
Delays in the settlement of securities transactions at KELER
Wed, 29/12/2021

UniCredit Bank Hungary GSS would like to inform its partners that KELER, the local CSD experienced some technical issues this morning therefore delays can be expected in the securities settlements.

The issue has been resolved, however market participants must resubmit their instructions to KELER’s system sent between 8:30 and 9:45 this morning. Although UniCredit Hungary has already successfully resubmitted all the instructions received from the clients, we have been experiencing delays from other KELER’s participants. 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 technical issue at KELER, delays can be expected in the settlement of securities transactions.