The Commodity Exchange (CE) "Ukrainian Energy Exchange" conducts electronic exchange trading in coal products in accordance with the Order of the Ministry of Economic Development and Trade of Ukraine dated 19.06.2012 № 723, registered in the Ministry of Justice of Ukraine on 27.06.2012 № 1073/21385.
Electronic exchange trading is conducted in the Software Product "Electronic Exchange Trading System" (BETS) according to the Exchange trading rules of the "Ukrainian Energy Exchange" and Regulation of electronic exchange trading on CE "Ukrainian Energy Exchange".
Legal entities and individual entrepreneurs residents/non-residents are able to participate in the electronic exchange trading if they have such right according to the effective legislation of Ukraine by achieving the status of non-permanent Exchange member and using the services of Brokerage house accredited at CE "Ukrainian Energy Exchange".
To participate independently in electronic exchange trading at CE "Ukrainian Energy Exchange" it is necessary:
- Review the Rules of exchange trading at Commodity Exchange "Ukrainian Energy Exchange", Regulations on the lease of the exchange places at Commodity Exchange "Ukrainian Energy Exchange" and Regulations on the electronic exchange trading at Commodity Exchange "Ukrainian Energy Exchange".
- Fill in The Application following the link "Electronic trading. Accreditation on-line" to acquire a status of a non-permanent member of the Commodity Exchange "Ukrainian Energy Exchange". Non-residents fill the application form in the prescribed form and send it by e-mail: [email protected].
- Pass the Course of training in BETS System.
- Obtain login and password to the BETS.
- Take part in the electronic exchange trading according to the trading schedule.
In case of usage of the Brokerage house services to participate in electronic exchange trading at CE "Ukrainian Energy Exchange" it is necessary:
- To get acquainted with the Exchange trading rules of the "Ukrainian Energy Exchange" and Regulation of electronic exchange trading on CE "Ukrainian Energy Exchange".
- To conclude the Engagement Agreement with the Brokerage house to represent the interests of your company at electronic exchange trading at CE "Ukrainian Energy Exchange".
Information about upcoming trading
Under paragraph 45 of subsection 2 of section XX of the Tax Сode of Ukraine, temporarily, till January 1, 2019 transactions on delivery on customs area of Ukraine of coal and/or products of its enrichment headings 2701, 2702, 2703 00 00 00, 2704 00 according to the FEACN are exempt from value-added taxation. The taxpayer can refuse the use of the specified benefits or stop using it for one or several reporting (tax) periods by filing an application.
The price established by results of trades in the section "Coal products", can be adjusted by the parties of the exchange transaction to the amount of VAT, if the party to the contract uses the exemption under paragraph 45 of subsection 2 of section XX of the Tax code of Ukraine. In this case, the final price established by results of trades in the section "Coal products" shall be fixed by the parties of the exchange transaction at the conclusion of the contract of purchase and sale by results of trades.
For additional information, please call: +38 (044) 35-35-735 or send an application letter in any format by e-mail: [email protected].