Initial public offering of securities is held in the PFTS Trade UA trading system («Auction» mode) after the inclusion of securities to the PFTS Listing.

The issuer (undewriter) may conduct IPO in the manner and conditions stipulated by the prospectus of securities and the placement regulations.

Trade model - unilateral auction on anonymous / non-anonymous / other scenarios in accordane with the placement regulations.

Calculations and assets deposit models are also determined by the placement regulations.

Executing transactions within the depositary record-keeping system are held by the National Depository of Ukraine (for non-government securities) and National Bank Depository (for state bonds and municipal securities).

Cash payments are made via PJSC Settlement Center or banks that serve participants of the exchange trading.