Technical issues at UniCredit Bank Hungary GSS - UPDATE

UniCredit Bank Hungary Zrt.
Wed, 22/02/2023

UniCredit Bank Hungary GSS continues to experience disruption in the processing of the securities settlement in its custody system. The issue persists, but our experts are working to fix the error.  We will notify our clients immediately upon further changes.

KELER, the Hungarian CSD announced the extension of cut-off times on the OTC market for value date today:

  • DVP transactions to 18:30 CET
  • FOP, Repo transaction to 19:00 CET
  • Securities blocking/ release of blocking to 19:15 CET

Impact on investors: Delays are expected in the securities settlement, CSD extended the market COTs.