Definition of Warsaw Stock Exchange (WSE)

traces its roots back to 1817, but began activity in its present form on April 16, 1991. Since November 17, 2000, quotations on the Warsaw Stock Exchange have been taking place in the WARSET system (WARsaw Stock Exchange Trading system) In 2002, the joint-stock company signed a crossmembership and cross-access agreement with EURONEXT. In 2003, it launched index options and the first foreign company was listed on the Exchange. Products listed on the WSE include equities, bonds, options on the WIG20 index, and futures on three indices-the WIG20, TechWIG, and MIDWIG-as well as individual stock futures and exchange rate futures on the U.S. dollar and the Euro. The Exchange was planning to introduce stock options in the second half of 2005. Trading, with the exception of block trades, occurs Monday through Friday from 9 A.M. to 4:20 P.M. Trading is conducted in two systems: continuous and single-price auction. www.wse.com.pl.