OTP Service
Clients of Trigon Dom Maklerskiego have the opportunity to use the deferred payment service (OTP). The OTP service allows you to buy financial instruments without having your own cash at the time of placing the order. This service can be used by any investor who has an investment account with the Brokerage House after signing the relevant annex. Our Clients have the opportunity to purchase financial instruments in three OTP variants.
Three variants of OTP
With partial coverage of the order value
- Without covering the value of the order with established hedges on the total value of the order
- Without covering the value of the order and without established hedges on the total value of the order
Payment term
The Client is obliged to pay for the purchased financial instruments acquired on the basis of an order with a deferred payment date at the latest on the day of settlement of the transaction in the National Securities Depository (KDPW), i.e. respectively:
- for shares up to 2 settlement days
- for bonds up to 2 settlement days
Automatic repayment takes place at the moment when there will be an appropriate amount of free cash on the Client's account, on the day of settlement of the OTP.
Benefits of OTP
Transactions are carried out without involving all own funds
Activation of the OTP service
Documents required to activate the OTP service can be obtained:
in the branches of Trigon Brokerage House
- by correspondence
- with the use of the online platform
Activation of the service is possible after signing the “Annex to the contract/agreements for the provision of brokerage services on the acceptance of orders for the acquisition of financial instruments without full coverage of the order value — deferred payment term”
Additional information about OTP
Clients using the OTP service at the time of purchase of shares can choose whether they want to take advantage of this opportunity or whether they will execute a given transaction using only their free funds.
Each Customer using OTP has an assigned — individually defined — maximum limit of receivables.
The use of the deferred payment service involves risks in terms of:
market risk — related to fluctuations in the prices of financial instruments under the influence of general market trends
- credit risk — related to the possibility of the Customer not fulfilling its obligations towards Trigon Dom Brokerski, which may result in termination of the deferred payment service
Any additional information can be provided by our Call Center on the phone numbers +48 801 292 292 or +48 126 292 292.