WSE markets
The Warsaw Stock Exchange conducts trading in financial instruments on three markets:
- The Main List has been in operation since 16 April 1991. This market is supervised by the Polish Financial Supervision Authority and notified to the European Commission as a regulated market. The following securities and financial instruments are traded here: equities, bonds, pre-emptive rights, rights to shares, investment certificates, structured instruments, ETF and derivatives, i.e. futures contracts, options and index participation units.
- NewConnect is a market organised and maintained by the WSE as an alternative trading system. It was designed for startups and developing companies, especially from the sector of new technologies. NewConnect was launched on 30 August 2007. Instruments which may be traded under this alternative trading system include equities, rights to shares, pre-emptive rights, depository receipts, as well as other equity based instruments.
- Catalyst is a debt instruments market for municipal, corporate and mortgage bonds Founded on 30 September 2009, it consists of two trading platforms organised by the WSE as a regulated market and as an alternative trading system (ATS) for retail customers, and two analogous markets operated by BondSpot and designed for wholesale clients
As at June 30, 2010 it was the largest national stock exchange in CEE and one of the fastest-growing exchanges in Europe among both regulated and exchange-regulated markets.