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// Workers AI · dad joke modeWhy was National Securities Depository in Poland a good friend? It always had your bonds.

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The National Securities Depository (Polish: Krajowy Depozyt Papierów Wartościowych, KDPW) is a Polish financial market infrastructure that operates a central counterparty clearing house branded KDPW_CCP, a central securities depository, and a trade repository.

Overview

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KDPW had originally operated as a department of the Polish Stock Exchange from 1991, then became a joint-stock company in November 1994. Since then, it has been owned by three shareholders, each of which holds one-third of KDPW's equity capital: the Polish Ministry of Treasury, the Warsaw Stock Exchange, and the National Bank of Poland.[1]

KDPW holds securities in uncertificated (dematerialized) form. It participates in the Association of National Numbering Agencies and in the European Central Securities Depositories Association.[2]

See also

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References

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  1. "Central Securities Depository of Poland (KDPW)" (PDF). European Central Securities Depositories Association. Retrieved 11 February 2025.
  2. "Membership of international market organisations". KDPW. Archived from the original on 2024-08-13. Retrieved 2025-01-09.
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52°13′48″N 21°01′25″E / 52.2300°N 21.0237°E / 52.2300; 21.0237