Futures contracts

On Warsaw Stock Exchange are listed the following futures contract:

index futures on WIG20 and mWIG40 index,
currency futures on USD/PLN, EUR/PLN, GBP/PLN and CHF/PLN
stock futures on 18 most active stocks,

The Exchange, as the organiser of trading, develops a contract specification for each type of derivative instrument. In its role as a clearing house the National Depository for Securities determines procedures for clearing, settlement and record-keeping, as well as the required margin.
Futures contracts are traded in continuous system from 8.30 a.m. to 5.35 p.m.. As is the case with other securities quoted in the continuous system, an auction is held at the opening and closing of trading.
Beginning from October 16, 2006, investors get the possibility of making futures contracts or options block trades. The block trade transactions shall be made outside the continuous trading system and the single-price auction system between 8:30 a.m. and 5:50 p.m. hours.

Futures contract listed on Warsaw Stock Exchange

Group of contact	Underlying instrument	Issue date
Index futures	WIG20	16 January 1998
Index futures	mWIG40	18 February 2002
Stock futures	TPS, PKN	22 January 2001
	PEO, KGH,	22 October 2001
	PKO	11 July 2005
	ACP,PGE,PGN	22 March 2003
	PZU	20 May 2005
	TPE	20 December 2010
	OIL	8 August 2011
	CDR	17 August 2011
	LTS	17 May 2011
	JSW, LWB, TVN, GTC	2 November 2011
	KER	28 November 2011
	PBG, GPW	23 January 2012
	BRS, KOV	19 March 2012
Currency futures	USD/PLN Standard \| Trading rules	25 September 1998
	EUR/PLN Standard \| Trading rules	31 May 1999
	CHF/PLN and GBP/PLN Standard \| Trading rules	30 September 2008