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Poland
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Executive Moves
XTB Promotes Omar Arnaout as its Regional Director
2016-12-13T19:57:35.000+02:00
Omar Arnaout has been elevated as the Regional Director of Poland, Germany, Hungary, and Romania.
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Brokers
eToro Looks to Eastern Europe with Launch in Poland
2016-12-07T19:46:53.000+02:00
eToro is launching in Poland, part of a global expansion.
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Regulation
Deutsche Bank to Back Out of Brokerage Business in Poland
2016-11-16T17:23:44.000+02:00
The report stated that Deutsche Bank might face difficulty as it must coordinate the process with the Polish regulator.
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Blogs
Polish Forex Market: Banks Fighting Brokers with Technology
2016-10-27T08:47:45.000+02:00
Poland is one of the world's most mature retail FX markets, with banks successfully competing for FX customers.
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Konstantin Rabin
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Brokers
HFT Brokers Exits Forex Business Citing Polish Cap Requirements
2016-10-19T15:56:32.000+02:00
HFT Brokers will now focus on developing other parts of its core business.
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Brokers
XTB’s Profits Dive in Q3, Falling to Just $1m
2016-10-18T18:09:39.000+02:00
After seeing soaring profits earlier this year that peaked in Q1, the latest tranche of statistics shows diving profits.
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Prime Brokerage
Poland Seeks to Tempt Away London Bankers After Brexit
2016-08-30T13:56:28.000+02:00
Poland is the latest EU member looking to attract business away from London.
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Finance Magnates Staff
Exchanges
Poland’s WSE Inks Deal with Haitong Bank as Chinese Delegates Visit Warsaw
2016-06-20T15:08:15.000+02:00
WSE also inks deal with Chinese Securities Association of Hong Kong amid visit.
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Steven Hatzakis
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Brokers
XTB Institutional Profit Doubles YoY as Revenues Hit $21m
2016-06-01T18:00:12.000+02:00
The Polish brokerage has published its first quarterly results as a public company, highlighting $21 million operating income.
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Brokers
XTB Marks Biggest Warsaw IPO in 2016, Listing Took Less Than a Year
2016-05-06T22:17:04.000+02:00
Shares of the company closed higher by almost 5% bringing the company’s valuation to $364 million at the end of the trading day
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Victor Golovtchenko
Exchanges
Warsaw Stock Exchange's GPW Group March Volumes up 13%
2016-04-04T12:17:54.000+02:00
Improved performance during March as trade values grew along with volumes.
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Steven Hatzakis
Executive Moves
Warsaw Stock Exchange Appoints Paweł Dziekoński as Vice President
2016-03-17T15:24:29.000+02:00
Mr. Półtorak resigned from the role of Vice President and was immediately replaced by Mr. Dziekoński.
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Damian Chmiel
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Exchanges
WSE Posts Record Revenues for 2015, Net Profit up +10% YoY
2016-02-25T18:20:40.000+02:00
Poland's main bourse reports record-high revenues of PLN 327.9m (€74m) for 2015 with net profit sharply higher fueled by cost savings.
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Steven Hatzakis
Products
Polish Brokerage Efix Signs Long Term Partnership Deal With GAIN Capital
2016-01-14T09:54:22.000+02:00
The Polish brokerage Efix is banking on a new robot marketplace called Exeria to attract new investors to the markets.
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Victor Golovtchenko
Brokers
RoboForex Expands to Lithuania, Set Sights on Poland and Germany
2015-11-11T17:27:13.000+02:00
The broker is also planning to launch a new version of the website for traders from Germany and to participate in a trading exhibition in Frankfurt.
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Avi Mizrahi
P2P Lending
Smart Data vs Big Data: Creamfinance Selling €2.5M in Bonds to Grow Portfolio
2015-10-12T13:55:03.000+02:00
After raising €5M in an equity sale to fund its future, Creamfinance is selling €2.5M in bonds to help them grow their lending portfolio.
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Ron Finberg
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Brokers
Brokers’ Update – GMO Click, Rakuten Extend Trading Hours, Pairs
2015-08-11T16:43:37.000+02:00
Additionally, MahiFX has warned that it is a victim of a clone website stealing its information and images.
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Brokers
XTB Reportedly Seeking IPO at Warsaw Stock Exchange
2015-06-23T16:01:33.000+02:00
Speaking with Finance Magnates, Jakub Maly, the CEO of XTB, confirmed that the firm may be thinking about an IPO.
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Regulation
EU Brokers Brace for Reduction in Leverage to 100:1 in Poland This July
2015-06-22T11:17:21.000+02:00
Rules governing margin requirements will soon go into effect in Poland, restricting leverage to 100:1 for retail forex traders in Poland.
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Ron Finberg
Exchanges
Warsaw Stock Exchange Launches NewConnect 2.0 to “Restore Confidence”
2015-05-25T14:02:10.000+02:00
The Warsaw Stock Exchange has created NewConnect 2.0, a set of new guidelines to improve confidence in the alternative market.
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Blogs
A Chronicle of the Impact of the Swiss Franc's Rise in Poland
2015-04-13T19:55:06.000+02:00
Not only forex traders suffered losses on the day of the SNB announcement, CHF denominated mortgage holders also got a massive hit
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Guest Contributors
Exchanges
Polish Exchange's Bank Account Reportedly Suspended Due to Trade with Stolen Funds
2015-02-01T15:16:05.000+02:00
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Innovation
Polish startup InPay looks to increase Bitcoin acceptance, raising 200,000 PLN through Beesfund
2014-10-22T16:07:34.000+02:00
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Executive Moves
CFH Systems Appoints Two New Regional Directors in Eastern Europe
2014-10-02T09:06:24.000+02:00
CFH Systems has named Alexander Stanovoy and Lukasz Paszkiewicz as its newest Regional Directors in a bid to help develop and foster its growth initiatives in Eastern Europe, namely Russia and Poland.
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Jeff Patterson
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Executive Moves
Paweł Tamborski Named CEO of WSE Following Successful Electoral Bid
2014-07-25T22:17:10.000+02:00
The Warsaw Stock Exchange (WSE) has elected former investment banker Paweł Tamborski as its newest Chief Executive Officer (CEO), following a receipt of approval from Poland’s Financial Supervisory Authority.
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