Substitute working days

UniCredit Bank Hungary Zrt.
Summary: 
Saturday, 1 December 2018 will be a substitute working day related to Christmas Eve on Monday, 24 December 2018. Additionally Saturday, 15 December 2018 will be also a substitute working day compensating the bridge holiday on Monday, 31 December 2018.
Mon, 26/11/2018

Please be informed that Saturday, 1 December 2018 is set as an extra working day in Hungary, replacing Monday, 24 December 2018, which will be a public holiday in accordance with the local practice. Additionally Saturday, 15 December 2018 is also set as an extra working day in Hungary, compensating the bridge holiday on Monday, 31 December 2018.

On these Saturdays, all local banks, KELER and KELER CCP will be open. UniCredit Bank Hungary and both KELER and KELER CCP are operating with shortened deadlines. As a result, UniCredit Bank Hungary will accept client instructions for same day OTC settlement on this day until 12:00 p.m. CET.  On the extra working day trading on the Budapest Stock Exchange or on the MTS Hungary Platform will not be possible, and no regulated market clearing will take place either.

 

Impact on investors: All banks, KELER, KELER CCP will be open on the substitute working days 1 December 2018 and 15 December 2018 operating with shortened deadlines, however trading on the Budapest Stock Exchange or on the MTS Hungary Platform will not be possible and no regulated market clearing will take place.