News
Pepco Group N.V. Futures
PRESS RELEASE
- GPW offers futures on the stock of Pepco Group N.V.
Starting today, GPW offers three series of futures on the stock of Pepco Group N.V. which expire in June 2021, September 2021, and December 2021. One futures contract represents 100 shares.
“We have been steadily growing GPW’s derivatives offer. We are ready to quickly introduce into trading futures on stocks which attract investor interest. The very successful IPO of Pepco Group on the GPW Main Market on 26 May 2021 is a good prognostic for futures on Pepco stock. Their liquidity will be supported by four market makers,” said Izabela Olszewska, Member of the GPW Management Board.
The development of derivatives is one of GPW’s strategic initiatives. In 2020, GPW introduced new derivatives to trading, including futures on the stock of Biomed-Lublin, Mercator, XTB, and Allegro.eu. GPW now offers 40 single-stock futures. The development of the derivatives segment is a part of the strategy #GPW2022.
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History of the WSE
On 12 May 1991, the then Ministers of Ownership Transformation and Finance signed the Deed of Incorporation of the joint stock company "Giełda Papierów Wartościowych w Warszawie S.A." Four days later, on the day of the WSE's inaugural session, shares of five companies were traded and the turnover amounted to PLN 1990. Since 2018, the WSE has been classified as one of the 25 developed markets by the FTSE Russell agency. The history of the capital market on Polish soil dates back to the early 19th century. The first in Poland and one of the few in Europe, the Merchant Exchange, was established in Warsaw on 2 May 1817, soon became the largest market in Tsarist Russia, responsible for 5-6% of global securities trading. A thriving stock exchange, accounting for 90% of the domestic turnover, also operated in Warsaw in the interwar period. After the period of the People's Republic of Poland and the planned economy, it was not until 1989, with the political and economic transformation, that the Polish capital market was able to develop again.
Stock exchange today
The average session trading volume on the WSE is now around PLN 1.2 billion. The Main Market lists 434 companies (383 domestic and 51 foreign) and the NewConnect market lists 376 companies (372 domestic and 4 foreign). Last year, the WSE Group generated record sales of PLN 403.8 million and one of the highest ever net profits of over PLN 151 million. According to the Federation of European Securities Exchanges, in 2020 the WSE ranked first in Europe in terms of percentage increase in equity turnover and third in terms of the value of initial offerings. At the end of 2020, the WSE was also the second market in Europe in terms of liquidity and achieved the status of world leader in terms of the number of listed companies in the gamedev sector.
WSE position in the region
The WSE is the leader among stock exchanges in Central and Eastern Europe by the number of listed companies and the total capitalisation of domestic companies. The WSE's share in trading on stock exchanges in the region is 81%. The WSE leads the initiative of the Three Seas Stock Exchanges and aspires to the role of a regional hub for young technological companies with huge potential, the so-called unicorns. Negotiations are currently underway for the WSE to acquire a majority stake in the Armenian Exchange.
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The Warsaw Stock Exchange Group (GPW Group) operates trading platforms for shares, Treasury and corporate bonds, derivatives, electricity and gas, and provides indices and benchmarks including WIBOR and WIBID. The index agent FTSE Russell classifies the Polish capital market as a Developed Market since 2018. The markets operated by the GPW Group are the biggest in Central and Eastern Europe. For more information, visit www.gpw.pl