Skip Ribbon Commands
Skip to main content
Navigate Up

 

      Rules of Transaction Clearing
      (organised trading)
      valid as at 30 September 2017 together with Resolution No. 48/112/13 of the KDPW_CCP Supervisory Board (amended by Resolutions No. 33/156/14, 21/193/15, 31/230/16, 37/278/17 and 3/305/18), Resolution No. 35/276/17 of the KDPW_CCP Supervisory Board, Resolution No. 2/304/18 of the KDPW_CCP Supervisory Board and Resolution No. 1/303/18 of the KDPW_CCP Supervisory Board and Resolution No.5/307/18 of the KDPW_CCP Supervisory Board

      Rules of Transaction Clearing (organised trading)
      Appendix 1 - Table of Fees*
      Appendix 2 – Priorities assigned to markets and prices taken as the reference price for the purpose of calculating the market value of securities
      Appendix 3 – On-demand Lending Guarantee Fund Rules
            Appendix 1 – Rules for determining the amount of contributions to the on-demand lending guarantee fund

      * In connection with the entry into force as of 1 July 2017 of an amendment to the Value Added Tax Act of 11 March 2004 pursuant to the Act of 1 December 2016 amending the Value Added Tax Act and certain other Acts (Journal of Laws 2016, item 2024), certain fees charged by KDPW_CCP under the Table of Fees will change – the amount of fees set in points 5.2, 5.3 and 5.4 is the net amount, and VAT will be charged on that amount at the basic rate (23%).
      Temporary reduction of clearing fees applicable to transactions under the High Volume Provider programme introduced by the Warsaw Stock Exchange.
      The reduction of the fees applies from 1 November 2013 to 30 June 2018.

      In order to use the reduction of the fees, clearing members are required to fulfil the conditions laid down in Resolutions, including delivery of a declaration to KDPW_CCP.
      Resolution No. 48/112/13 of the KDPW_CCP Supervisory Board dated 25 October 2013 amended by Resolution No. 33/156/14 of the KDPW_CCP Supervisory Board dated 20 October 2014, Resolution No. 21/193/15 of the KDPW_CCP Supervisory Board dated 7 September 2015,
      Resolution No. 31/230/16 of the KDPW_CCP Supervisory Board dated 25 October 2016, Resolution No. 37/278/17 of the KDPW_CCP Supervisory Board dated 27 September 2017 and Resolution No. 3/305/18 of the KDPW_CCP Supervisory Board dated 4 January 2018 concerning temporary reduction of fees.

      Temporary reduction of clearing fees applicable to transactions under the High Volume Funds programme introduced by the Warsaw Stock Exchange.
      The reduction of the fees applies from 1 July 2017 to 30 June 2018.
      In order to use the reduction of the fees, clearing members are required to fulfil the conditions laid down in Resolution No. 35/276/2017 of the KDPW_CCP Supervisory Board, including delivery of a declaration to KDPW_CCP.


      Temporary waiver of fee for registration of transactions in short-term, mid-term and long-term Treasury bonds futures contracts and in WIBOR reference rates futures contracts and for transferring positions in such contracts.
      The waiver of the fees applies from 1 January 2018 to 30 June 2018.
      Resolution No. 2/304/18 of the KDPW_CCP Supervisory Board dated 4 January 2018.

      Temporary waiver of fees for transaction clearing in KDPW_CCP, charged from participants holding the status of market makers for shares and rights to such shares from outside the WIG20 index on regulated market.
      The waiver of the fees applies from 1 January 2018 to 30 June 2018.
      Resolution No. 1/303/18 of the KDPW_CCP Supervisory Board dated 4 January 2018.

      Temporary waiver of fees for registering transactions in currency future contracts and for transferring positions in these Contracts (point 3.1.1.2.1. of the Table of Fees)

      The waiver of the fees applies from 1 January 2018 to 30 June 2018.
      Resolution No. 5/307/18 of the KDPW_CCP Supervisory Board dated 4 January 2018.


      Archives

      Detailed Rules of Transaction Clearing (organised trading)
      Valid as at 30 September 2017

       

      Detailed Rules of Transaction Clearing (organised trading)

       
      Modifications under implementation

      Archives

      The Rules of the Clearing Guarantee Fund
       Valid as at 1 September 2016

      The Rules of the Clearing Guarantee Fund

      Archives
      Rules of the WSE BondSpot ATS guarantee fund
      Valid as at 1 September 2016
      Rules of the WSE BondSpot ATS guarantee fund

      Archives
 
Last modified: 22-10-2019 Go up