Dear Sirs,
Following the information provided at the Market Council meeting on October 27th this year, Izba Rozliczeniowa Giełd Towarowych S.A. (hereinafter “IRGiT”) informs about the changes planned for 2023 with regard to the fees and charge in the Regulations of the Exchange Clearing House (Commodity Market) (hereinafter "Regulations"). Below we present information on the new fee rates:
- annual fee for activity on customers’ account - the method of calculating the fee is changed by introducing the fee per each costumer: 1000 PLN; item 1.2. section I. of The Fee and Charge Table in the Regulations
- the fee for clearing of session transactions:
- (Variant I): 0,08 PLN per 1 MWh; item 4.1 section II. of The Fee and Charge Table in the Regulations
- (Variant II): 0,16 PLN per 1 MWh; item 4.2. section II. of The Fee and Charge Table in the Regulations
- (Variant III: 0,36 PLN per 1 MWh; item 4.3 section II. of The Fee and Charge Table in the Regulations of the Exchange Clearing House (Commodity Market)
- the charge for registration of the Positions, the electricity is subject of which, in recording accounts of the House: 0,04 PLN per 1 MWh; item 5.1 section II. of The Fee and Charge Table in the Regulations
- the fee for clearing and settlement of the Positions in electricity forward contracts, entered into on or off the Exchange:
- (Variant I): 0,04 PLN per 1 MWh; item 6.1 section II. of The Fee and Charge Table in the Regulations
- (Variant II): 0,12 PLN per 1 MWh; item 6.2 section II. of The Fee and Charge Table in the Regulations
- (Variant III): 0,20 PLN per 1 MWh; item 6.3 section II. of The Fee and Charge Table in the Regulations
- the fee for registration of non-cash collaterals in the collateral register (reckoned for each type of collaterals being lodged): 200 PLN per registration; item 4. section III. of The Fee and Charge Table in the Regulations
- the fee for monthly servicing of the non-cash collaterals being lodged in form of bank guarantees: 200 PLN per month, item 5. section III. of The Fee and Charge Table in the Regulations
- the annual fee for access to IRGiT private web site containing the settlement reports (the issue concerns each established access from among the number higher than three): 300 PLN per access; item 8. section III. of The Fee and Charge Table in the Regulations
- introduction of the annual fee for technical access to the clearing system:1000 PLN per access; new item 8a. section III. of The Fee and Charge Table in the Regulations
- the annual fee for access to db-direct Internet system in order to monitor the holding of resources being deposited by the House’s Members in IRGiT clearings securing system (the issue concerns each established access from among the number higher than three): 300 PLN per access; item 9. section III. of The Fee and Charge Table in the Regulations
The changes will become effective upon approval by the Polish Financial Supervisory Authority, on a date to be determined by the Board of Directors, of which we will inform you in a separate email at least two weeks in advance.
Should you have any questions or doubts please do not hesitate to contact us at: @email