Wednesday April 20 2016

News Source: Global Exchanges

Focus: Short Selling

Type: General

Country: Hungary

Link: https://goo.gl/sJLDwu




On 19th April 2016, KELER published a modified depository Announcement. The Announcement contains information on the cross-border settlement service provided by KELER for international securities. It contains details necessary for settlement in each of the covered markets, in addition this Announcement provides information to help complete KID instructions.

The announcement contains general information on the following:

  • Account manager
  • Settlement
  • Settlement currencies
  • Matching terms
  • Cut-off times, blocking
  • Automated processing of instructions submitted through KID
  • End investor markts
  • New ISIN
  • Cross-Border transaction entry
  • Status messages
  • Modification, cancellation of orders
  • Pattersn
  • Multi-market securities
  • Cross-border settlement of Hungarian securities
  • Settlement of investment fund units issued abroad

Click on the link above for further details.