Members of the Warsaw Stock Exchange and Euronext will soon have access to each other’s financial products. The two exchanges signed a cross-membership and cross-access agreement in Warsaw for their cash and derivatives markets.
The cash trading platforms will be interconnected this year and will be eased by the fact that the WSE already uses a technology based on the Euronext NSC cash single trading system, the two exchanges say. The technical links for the derivatives trading platforms will be operational in 2004. Warsaw members will be able to trade Euronext and WSE products from a single screen, and vice versa.
“By signing this agreement we hope to bring the Polish market closer to foreign investors and extend the range of products and services offered to our clients,” said Wieslaw Rozlucki, president of the WSE.