How to receive WSE services?

How to receive WSE services?

A distributor may receive data from WSE in two ways:

Directly from WSE
In that case, data is transmitted to the distributor via the satellite signal. Distributors choosing this option have to install in their offices the satellite dish and receiving set to which the computer with software enabling the receipt of the exchange data is connected.

The detailed description of how to connect to the WSE distribution system along with the structure of messages received by the distributor is included in the specification "Market Information Stream".
As a "subdistributor" (connected via another WSE distributor).

If a data distributor does not intend to install a satellite equipment he may receive information services via another WSE data distributor. In that case, he shall contact such a company in order to negotiate business terms, the way of transferring data and any other conditions of their cooperation. WSE does not assist in establishing such a co-operation and its rules. In the agreements which the WSE concludes with both companies, there are statements saying that the conditions of the distributor-subdistributor cooperation cannot violate the paragraphs of distribution agreement that each data distributor signs with the WSE.

Range of information
Data available from the WSE are divided into 3 segments:

1. WSE Main Market:
• cash market ( shares, bonds, warrants, subscription rights, allotment certificates, investment certificates)
• derivatives market (futures contracts and options)
• indices (values and compositions)
• supplementary and statistical information (service C)

2. NewConnect:
• cash market (shares)
• indices (values and compositions)

3. Catalyst:
• cash market (Treasury bonds, Corporate bonds, Co-operative bonds, Municipal bonds, Covered bonds)

The distributor may order only chosen segments or all of them.
The way of making the data accessible to the subscribers.
The Exchange data may be offered to the clients in the following modes of transmission:

• In the real-time (disseminated during the trading session immediately after they are made accessible by the WSE)
• As a delayed data (disseminated at least 15 minutes from making them accessible by the WSE)