The Central Securities Depository Prague (CSD Prague) today successfully completed the transfer of the records of dematerialized and immobilized securities from the Czech Securities Centre (Středisko cenných papírů, SCP). This marked the last step towards the commencement of the activities of the Central Depository, which will open for business on 7 July 2010.
In connection with the notified technical break of Středisko cenných papírů (the Securities Centre), relating to the transfer of data files to Centrální depozitář cenných papírů (the Central Securities Depository), the settlement of securities trades filed by the Securities Centre will be suspended from 28 June to 2 July. The settlement will be renewed on 7 July, when all outstanding trades will be duly settled.
The Central Depository Participation Agreement (with settlement) in English has been published in the Legislation section on the Central Securities Depository's web pages.
The English version of the Operating Manual has been published on the Central Securities Depository's web pages in the Legislation section.
Based on the notice of the Czech National Bank from June 3rd, 2010, the Czech National Bank will not commence administrative procedure regarding the change in the Operating Regulations. The Operating Regulations are valid as of June 9th, 2010 and become effective by the day when the Central Depository starts operating. You may found the Operating Regulations in the Legislation section (CDCP_provozni_rad.pdf - in Czech only).
In connection with the notified technical break of Středisko cenných papírů (the Securities Centre), relating to the transfer of data files to Centrální depozitář cenných papírů (the Central Securities Depository ),the settlement of securities trades filed by the Securities Centre will be suspended from 28 June to 2 July. The settlement will be renewed on 7 July, when all outstanding trades will be duly settled.
The Annual Report of the Central Securities Depository Prague for the year 2009 is available on company's web pages (ar09-en-CDCP.pdf).
The Prague Stock Exchange, the POWER EXCHANGE CENTRAL EUROPE and the Central Securities Depository Prague are presenting their Fact Book for the year 2009. This Fact Book shows the key data and information from the passed year.
The Czech Ministry of Finance and Central Securities Depository Prague have signed an agreement for the transfer of the files and records of dematerialised and locked-up securities from the Prague Securities Centre. “The intensive negotiations and several years of preparations have come to a successful end, as the transfer of the files was also approved by the Czech Government and the agreement was subsequently signed,” says Klára Hájková, deputy Minister of Finance.“ Both Parties thus took a significant step towards the commencement of activities of the Central Depository.
BHF BANK Aktiengesellshaft became seventh clearing bank on Power Exchange Central Europe (PXE). BHF BANK Aktiengesellshaft is ranked among top clearing banks also active on European Energy Exchange (EEX). "I do believe that presence of such respected institution on our market and availability of its professional services will draw attention of new international market participants", says David Kučera, Secretary General of the Power Exchange Central Europe.