The Warsaw Stock Exchange Accepts Universal Trading Platform (UTP) from NYSE Technologies

The Warsaw Stock Exchange announces the successful completion of the acceptance process of the trading system UTP. As an important element of the process, functional and technical acceptance tests have been completed with a positive outcome. The completion of this stage of the project means that the new trading system has entered the last phase of preparations before the production launch on 15 April 2013.

“The Warsaw Stock Exchange has entered the stage of fine-tuning the system parameters before the phase of migration from Warset to UTP. We are working together with our partners to conduct this very important technology project on the Polish capital market smoothly within the entire community,” said Adam Maciejewski, President of the Management Board of the Warsaw Stock Exchange.

The Warsaw Stock Exchange has confirmed 15 April 2013 as the first day of availability of the new technology.

The UTP (Universal Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term) is a trading system acquired by the WSE from NYSE Technologies. It is currently used by NYSE Euronext Group exchanges in New York, Paris, Lisbon, Amsterdam and Brussels. UTP offers a broad range of functionalities and supports trade in instruments in new market segments dedicated to specific groups of products. For individual investors, UTP will mainly offer new trading opportunities: new types of orders and different designations of the time of Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term.