Give up

For derivatives traded on the Warsaw Stock Exchange the give ups (a trade executed by Broker A is "given-up" to Broker B for clearing) are possible. In such case Broker A sending the order to the market should add in the order client's identification number (NKK) and indicate Broker B as a clearer. Broker B should deliver to KDPW (local CSD) a written statement of taking up all the trades concluded by Broker A, where Broker B is indicated as a clearing member.