Warsaw Stock Exchange Reports Mixed Trading in May of 2018

by Celeste Skinner
  • The total turnover for equities on the exchange’s electronic order book increased by 21.2 per cent month-on-month.
Warsaw Stock Exchange Reports Mixed Trading in May of 2018
Bloomberg, Warsaw Stock Exchange, GIEŁDA PAPIERÓW WARTOŚCIOWYCH

After a sluggish month in April, the Warsaw Stock Exchange , otherwise known by its Polish acronym GPW (Gielda Papierow Wartosciowych), has published its trading volumes for May.

During the month, the total turnover for equities on the Exchange ’s electronic order book was PLN 16.6 billion (€3.9 billion). When measuring this against the previous month, which had a total turnover of PLN 13.7 billion, this translates to a month-on-month increase of around 21.2 percent.

Taking a look at the derivatives markets, the total turnover during May for futures contracts was €3.65 trillion for the GPW. This turnover was generated by 259,888 trades that were placed during the month.

Moving onto currency trading, the turnover of currency futures during the month was around €68 million, with 7,535 trades and more than 10.87 million orders placed during the month. The results don’t provide a monthly comparison for these figures.

In terms of equities futures, the total turnover for May on the Warsaw Stock Exchange was €206.9 million. The number of trades executed during the month on the exchange was 80,237, and 15,409,109 orders were placed.

The total turnover for options during the fifth month of the year was €2.02 million. Breaking this down, this figure was the result of 6,252 trades and around 12.9 million orders.

Demand for Trading Opportunities in Poland Continues Rising

As Finance Magnates reported last year, Avelacom, a provider of connectivity and infrastructure ‎solutions, established a new ‎point of presence (PoP) in the Atman Data Centre facility to improve customers’ ‎access to the electronic systems of Warsaw’s exchanges. ‎‎

Increasing demand from global investors to access emerging markets in Europe ‎led Avelacom to extend its geographical reach via the new PoP in Warsaw, says the Russian low-latency network operator.

The PoP is also aimed at ‎expanding the number of options available for the ‎financial services industry to speed up trading while ‎identifying new arbitrage trading opportunities across key ‎financial and derivatives markets.‎

After a sluggish month in April, the Warsaw Stock Exchange , otherwise known by its Polish acronym GPW (Gielda Papierow Wartosciowych), has published its trading volumes for May.

During the month, the total turnover for equities on the Exchange ’s electronic order book was PLN 16.6 billion (€3.9 billion). When measuring this against the previous month, which had a total turnover of PLN 13.7 billion, this translates to a month-on-month increase of around 21.2 percent.

Taking a look at the derivatives markets, the total turnover during May for futures contracts was €3.65 trillion for the GPW. This turnover was generated by 259,888 trades that were placed during the month.

Moving onto currency trading, the turnover of currency futures during the month was around €68 million, with 7,535 trades and more than 10.87 million orders placed during the month. The results don’t provide a monthly comparison for these figures.

In terms of equities futures, the total turnover for May on the Warsaw Stock Exchange was €206.9 million. The number of trades executed during the month on the exchange was 80,237, and 15,409,109 orders were placed.

The total turnover for options during the fifth month of the year was €2.02 million. Breaking this down, this figure was the result of 6,252 trades and around 12.9 million orders.

Demand for Trading Opportunities in Poland Continues Rising

As Finance Magnates reported last year, Avelacom, a provider of connectivity and infrastructure ‎solutions, established a new ‎point of presence (PoP) in the Atman Data Centre facility to improve customers’ ‎access to the electronic systems of Warsaw’s exchanges. ‎‎

Increasing demand from global investors to access emerging markets in Europe ‎led Avelacom to extend its geographical reach via the new PoP in Warsaw, says the Russian low-latency network operator.

The PoP is also aimed at ‎expanding the number of options available for the ‎financial services industry to speed up trading while ‎identifying new arbitrage trading opportunities across key ‎financial and derivatives markets.‎

About the Author: Celeste Skinner
Celeste Skinner
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About the Author: Celeste Skinner
  • 2872 Articles
  • 25 Followers

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