Service fees

1. Fees for services offered by KDPW_CCP

KDPW_CCP does not charge any fees for intermediation; thus, reporting of derivative contracts by KDPW_CCP on behalf of a clearing member or its clients does not involve any extra costs to the clearing member other than the fees charged by KDPW (fee for reporting a trade to the repository and fee for maintaining contract data in the repository).

2. Fees for services provided by the KDPW Trade Repository

Trade Repository Fees for derivatives

Trade Repository Fees for repo

Pursuant to § 42a subpara. 3 of the Rules of Transaction Clearing (organised trading) and § 70 subpara. 3 of the Rules of Transaction Clearing (non-organised trading), where the reporting obligation is delegated to KDPW_CCP, the fees will be charged from clearing members by KDPW_CCP. A clearing member will receive a re-invoice from KDPW_CCP including relevant analytics necessary to identify the counterparty whose trades have been reported to and are maintained in KDPW_TR and the amount of fees charged.