The checks of orders and trades of Exchange Members performed by their clearing members as part of the RMA service are very important to the stability of securities and cash flows and consequently improve the safety of trade in financial instruments.
The RMA service may be used in the following constellations:
- controlled party: Exchange Member, controlling party: clearing member authorised by Exchange Member;
- controlled party and controlling party: one and the same Exchange Member.
Conditions of activation of the RMA service:
- clearing member have to submit to KDPW_CCP the completed request (Template No. 30) and order (Annex to the Template No. 30);
- KDPW_CCP notifies GPW that the clearing member has ordered the service;
- the Exchange Member submits the RMA service (under the agreement with GPW).
The RMA service is provided by KDPW_CCP S.A. under an agreement with the Warsaw Stock Exchange (GPW).
Errors may be reported by RMA service users by e-mail: ccp@kdpw.pl