KDPW reduces settlement fees 12 March 2019Warsaw Reporter: Maddie Saghir
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KDPW will reduce the fees for the settlement of transactions in organised trading, effective 1 July to 31 December this year.
With a view to further grow Poland’s capital market, KDPW pursues a fee policy ensuring the least possible burden to market participants.
The policy takes into consideration the role of the KDPW Group companies in the market infrastructure combined with the imperative of ensuring the highest possible safety and quality of services offered to all client groups.
Maciej Trybuchowski, KDPW CEO and president, said: “The proposed effective date of the settlement fee reduction is aligned with the effective date of the Employee Capital Plan Act.”
“In my opinion, Employee Capital Plans will generate the capital necessary to attract new issuers to the exchange and to activate and strengthen the market, while liquidity boosted by local capital will attract foreign investors to the Polish capital market, as well. KDPW’s fee reduction is one of the support measures offered to Employee Capital Plan providers and our contribution to market growth.”
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