Infinity follows T2S opening days and hours.

Business days in the CSD System Infinity

The CSD system operates for transaction settlements and corporate action processing on business days, closing only on T2S closing days. A business day refers to any day when the CSD System is operational, following the daily settlement schedule of T2S.

In practice, all calendar days are considered business days, except for Saturdays, Sundays, New Year’s Day, Good Friday, Easter Monday, Christmas Day, and Boxing Day.

Impact of domestic public holidays on corporate action events

Domestic public holidays are business days but there are limitations on processing corporate actions on those days.

On 2025, 1 May falls on Thursday. It is a business day but settlement against cash in eur is not supported, which limits corporate action processes.

When planning a corporate action event around a domestic public holiday or T2S closing day please note the information below.

T2S closing days

1 January, 1.1.2025
Good Friday, 18.4.2025
Easter Monday, 21.4.2025
25 December, 25.12.2025
26 December, 26.12.2025
Saturdays
Sundays

T2S closing day cannot be

  • Ex-date
  • Record date
  • Payment date – 1 of dividend payment  
  • Payment date
  • Record date of general meeting   

Domestic public holidays

Epiphany, 6.1.2025
Ascension Day, 29.5.2025
Midsummer Eve, 20.6.2025
Independence Day, 6.12.2025
Christmas Eve, 24.12.2025

Domestic public holiday cannot be

  • Ex-date
  • Payment date – 1 of dividend payment
  • Payment date of dividend payment
  • Record date of general meeting

Please note that a record date of dividend payment or security distribution event cannot be a business day following the domestic public holiday because the trades executed on ex-date would be settled on the record date when the settlement cycle T+2 is followed and thus they would entitle to dividends or additional securities.

An example:
Ex-date = 3.1.2025
Record date = 7.1.2025
Trade date = 3.1.2025
Intended settlement date = 7.1.2025

 

1 May 2025

1 May cannot be

  • Ex-date
  • Record date
  • Payment date – 1 of dividend payment
    Payment date
  • Record date of general meeting
  • Market deadline date or technical market deadline date in voluntary corporate action event

Please note that 1 May is not included in the settlement cycle of T+2 which Central Counter Parties apply.

An example
Trade date = 29.4.2025
Intended settlement date = 2.5.2025


More information:

Settlement Operations
t. +358 20 770 6559

Register Operations
t. +358 20 770 6609