New partial settlement windows

UniCredit Bank Hungary Zrt.
Tue, 06/02/2024

The Hungarian CSD, has changed the partial settlement schedule by introducing additional partial settlement time windows as of February 6, 2024. KELER attempts to perform partial settlement at pre-defined times on the settlement day and has now added three further time windows at 11:40, 13:00 and 14:40 CET. According to the new schedule the partial settlement time windows are as follows:

    • 8:00-8:15
    • 10:00-10:15
    • 11:40-11:55
    • 12:00-12:15
    • 13:00-13:15
    • 14:00-14:15
    • 14:40-14:55
    • 15:30-15:45
    • 17:00-17:15

The changes will be incorporated in the Depository Announcement – Nr. 9-20- Detailed presentation of settlement orders, available here:  KELER - KELER Announcement - Nr. 9-20 - Detailed presentation of settlement orders

Impact on investors: Three additional partial settlement time windows will be introduced by the Hungarian CSD for those investors allowing instructing with partial settlement. Partial settlement process remained the same.