Custody/clearing  
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POLAND - Capital Market Infrastructure Summary

Central Securities Depositories
KDPW

Central Counterparty
KDPW CCP S.A.

BIS Model
Model 1
Model 2: Batch cycle

Settlement Cycle
T+2 for Equities
T+2 for Bonds

Comment
Central Securities Depository Poland (KDPW) acts as the CSD for Equities, ETFs, Government bonds, Corporate bonds, Commercial paper, Rights and warrants.

Key terms defined in our glossary:

Central Securities Depository
Central Counterparty
BIS Model 1
BIS Model 2
Settlement Cycle

 
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.