Warsaw Stock Exchange Reports Weak Volumes for April 2019

Monday, 06/05/2019 | 15:30 GMT by Aziz Abdel-Qader
  • The number of derivatives transactions also dropped by over 20 percent to 413,900 trades during April 2019
Warsaw Stock Exchange Reports Weak Volumes for April 2019
Warsaw stock exchange (Bloomberg)

The Warsaw Stock Exchange , known by its Polish acronym GPW (Gielda Papierow Wartosciowych), today reported April trading metrics showing largely lower trading performance when compared to the prior month, and mixed results across several reported statistics from a year-over-year perspective.

The value of trade in equities on the exchange’s electronic order book for its main market was PLN 13.7 billion in April, down 3.6 percent from PLN 13.1 billion reported in March.

The number of derivatives transactions also dropped by over 20 percent to 413,900 trades during April 2019, while the volume of trading in index futures decreased by 26.2 percent year-on-year to 223,000 contracts.

Meanwhile, GPW reported that the total value of equities trades on the Electronic Order Book stood at PLN 686.2 million in April 2019, down 3.6 percent from a year earlier. Further, equities volumes on the Electronic Order Book on NewConnect increased by 16.3 percent on a yearly basis, coming in at PLN 85.1 million in April 2019.

Other business highlights also show an increase in trading turnover of ETFs by 108.3 percent year-over-year to PLN 11 million in April 2019. The volumes of non-Treasury bonds on the Electronic Order Book on Catalyst also advanced by 3.3 percent year-over-year to PLN 189.8 million last month.

Avelacom adds new PoP

In addition, the value of trading in structured products increased by 60.1 percent year on year to PLN 89.9 million.

Earlier last year, Avelacom has established a new ‎point of presence (PoP) in Atman Data Center facility to improve customers’ ‎access to the electronic systems of Warsaw’s exchanges. ‎

The initiative was designed to provide access to a wide range of financial ‎institutions in Poland over a low-latency network that also connects ‎trading venues in Asia Pacific, Middle East, Europe, and North America.‎

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.‎

The Warsaw Stock Exchange , known by its Polish acronym GPW (Gielda Papierow Wartosciowych), today reported April trading metrics showing largely lower trading performance when compared to the prior month, and mixed results across several reported statistics from a year-over-year perspective.

The value of trade in equities on the exchange’s electronic order book for its main market was PLN 13.7 billion in April, down 3.6 percent from PLN 13.1 billion reported in March.

The number of derivatives transactions also dropped by over 20 percent to 413,900 trades during April 2019, while the volume of trading in index futures decreased by 26.2 percent year-on-year to 223,000 contracts.

Meanwhile, GPW reported that the total value of equities trades on the Electronic Order Book stood at PLN 686.2 million in April 2019, down 3.6 percent from a year earlier. Further, equities volumes on the Electronic Order Book on NewConnect increased by 16.3 percent on a yearly basis, coming in at PLN 85.1 million in April 2019.

Other business highlights also show an increase in trading turnover of ETFs by 108.3 percent year-over-year to PLN 11 million in April 2019. The volumes of non-Treasury bonds on the Electronic Order Book on Catalyst also advanced by 3.3 percent year-over-year to PLN 189.8 million last month.

Avelacom adds new PoP

In addition, the value of trading in structured products increased by 60.1 percent year on year to PLN 89.9 million.

Earlier last year, Avelacom has established a new ‎point of presence (PoP) in Atman Data Center facility to improve customers’ ‎access to the electronic systems of Warsaw’s exchanges. ‎

The initiative was designed to provide access to a wide range of financial ‎institutions in Poland over a low-latency network that also connects ‎trading venues in Asia Pacific, Middle East, Europe, and North America.‎

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: Aziz Abdel-Qader
Aziz Abdel-Qader
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About the Author: Aziz Abdel-Qader
  • 4984 Articles
  • 31 Followers

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