On 29 April 2010, POLPX has signed an agreement with Warsaw Commodity Clearing House (IRGiT) covering assignment of financial servicing of exchange transactions.

The objective is to have all transactions concluded on the POLPX market cleared by IRGiT S.A.

The taking over of transaction clearing by IRGiT will bring tangible benefits to the companies trading on the POLPX. IRGiT is the first Central Counterparty clearing house in Central and Eastern Europe to take overall responsibility for the realization of transactions. Thanks to IRGiT’s innovative approach to transaction clearing, its members will have access to a broader range of cheaper collateral guarantees.

About IRGiT

IRGiT - Warsaw Commodity Clearing House was established by POLPX and KDWP (National Securities Deposit S.A.) to carry out clearing and settlement of commodity exchange transactions.