Creation Link Guide - Hungary

10.04.2015

Key features

Settlement free of paymentYes 
Settlement against paymentYes 
Bridge settlementYesOnly for corporate and government bonds.
Shaping facilityNo 
Partial settlementNo 
Settlement penalty feesNo 
Pre-matchingYes 
Back-to-back processingNo 
AllegementsYes 
Automatic compensationNo 
Registered securitiesYesOnly equities and some corporate bonds are registered -all the other instruments are bearer. 
Multi-Market SecuritiesNo 
Lending and borrowingYes 
Proxy votingYes 
Investment FundsNo 
Liquidity Hub ConnectNo 
Sale and purchase of rightsNo 
Repo ServicesYesTriparty Repo: bonds and equities.
Market restrictionsYesRefer to the Market Profile.
FTTNo 
FATCA GIINYesHG4QEN.00000.LE.348
Type of linkCSD or settlement method
Direct link to KELER Ltd operated by Raiffeisen Bank International AGKELER Ltd.