KDPW_CCP performs the functions of a clearing house based on the central counterparty model. It clears transactions concluded on the regulated market, in OTC trade and alternative trading systems, and it operates a clearing liquidity guarantee system. 

An important feature of KDPW_CCP is that its own capital can be used in the clearing guarantee system, which improves the safety of clearing and the robust framework for comprehensive management of all material risks to which it is or may be exposed.

In accordance with international standards, KDPW_CCP was spun off KDPW on 1 July 2011, but the Company’s shares have remained 100% held by KDPW.

KDPW_CCP is a part of KDPW Group, which comprises KDPW (the Polish CSD) and the clearing house KDPW_CCP. KDPW Group provides a comprehensive range of post-trade services for the Polish capital market – and beyond.

• KDPW CSD – the Polish central securities depository with a full range of issuer services, as well as financial data gathering and maintenance;

• KDPW CCP – a modern central counterparty clearing house, which clears on-exchange trades and OTC derivatives in PLN and EUR;

• KDPW TR – the trade repository offers a wide selection of reporting services, including EMIR and SFTR, and is accredited as an ARM under MIFID II / MIFIR;

• KDPW operates a Numbering Agency which issues ISIN, FISN and CFI codes. As a GLEIF accredited LOU, it assigns LEI codes for our large domestic and international client base.