Wrocław Stock Exchange

Wrocław Stock Exchange. The Wrocław Stock Exchange, also known as the NewConnect market, is a stock exchange located in Wrocław, Poland, and is owned by the Warsaw Stock Exchange. It is one of the several stock exchanges in Poland, along with the Warsaw Stock Exchange and the TGE (exchange), and is regulated by the Polish Financial Supervision Authority. The exchange is also a member of the Federation of European Securities Exchanges and the World Federation of Exchanges.

● History

The Wrocław Stock Exchange was established in 1997, with the aim of providing a platform for small and medium-sized enterprises to raise capital, and is modeled after the London Stock Exchange's Alternative Investment Market. The exchange has undergone significant developments, including the introduction of the NewConnect market in 2007, which is designed for small and medium-sized enterprises, and is similar to the Euronext's Alternext market. The exchange has also been a member of the European Securities and Markets Authority since 2011, and has cooperated with other exchanges, such as the Budapest Stock Exchange and the Prague Stock Exchange. The Wrocław Stock Exchange has also been influenced by the European Union's Markets in Financial Instruments Directive and the Dodd-Frank Wall Street Reform and Consumer Protection Act.

● Trading

The Wrocław Stock Exchange offers trading in a variety of financial instruments, including shares, bonds, and derivatives, and is connected to the Xetra trading system, which is also used by the Frankfurt Stock Exchange and the Vienna Stock Exchange. The exchange also provides a platform for trading in exchange-traded funds and exchange-traded commodities, and has partnered with other exchanges, such as the NASDAQ OMX and the Intercontinental Exchange. The Wrocław Stock Exchange is also a member of the International Organization of Securities Commissions and the World Federation of Exchanges, and has cooperated with other regulatory bodies, such as the Securities and Exchange Commission and the Financial Industry Regulatory Authority.

● Listed_Companies

The Wrocław Stock Exchange has a diverse range of listed companies, including PKN Orlen, PKO Bank Polski, and PZU, which are also listed on the Warsaw Stock Exchange. The exchange also lists companies from other countries, such as Česká spořitelna from the Czech Republic and MOL Group from Hungary, and has partnered with other exchanges, such as the Bucharest Stock Exchange and the Sofia Stock Exchange. The Wrocław Stock Exchange has also been influenced by the European Union's Single Market and the Schengen Agreement, and has cooperated with other regulatory bodies, such as the European Central Bank and the European Investment Bank.

● Market_Data

The Wrocław Stock Exchange provides a range of market data, including stock prices, trading volumes, and order book data, and is connected to the Bloomberg Terminal and the Thomson Reuters financial data platform. The exchange also provides data on market indices, such as the WIG20 and the mWIG40, which are also calculated by the Warsaw Stock Exchange, and has partnered with other data providers, such as S&P Global and FactSet. The Wrocław Stock Exchange has also been influenced by the European Union's Markets in Financial Instruments Directive II and the European Market Infrastructure Regulation, and has cooperated with other regulatory bodies, such as the European Securities and Markets Authority and the Financial Stability Board.

● Regulation

The Wrocław Stock Exchange is regulated by the Polish Financial Supervision Authority, which is responsible for overseeing the exchange's activities and ensuring compliance with relevant laws and regulations, such as the Polish Act on Trading in Financial Instruments and the European Union's Markets in Financial Instruments Directive. The exchange is also subject to the supervision of the European Securities and Markets Authority, and has cooperated with other regulatory bodies, such as the Securities and Exchange Commission and the Financial Industry Regulatory Authority. The Wrocław Stock Exchange has also been influenced by the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Volcker Rule, and has partnered with other exchanges, such as the NASDAQ OMX and the Intercontinental Exchange.

● Operations

The Wrocław Stock Exchange operates a range of systems and infrastructure, including the Xetra trading system and the Clearstream clearing and settlement system, which is also used by the Frankfurt Stock Exchange and the Vienna Stock Exchange. The exchange also provides a range of services, including listing and trading services, and has partnered with other exchanges, such as the Budapest Stock Exchange and the Prague Stock Exchange. The Wrocław Stock Exchange has also been influenced by the European Union's Single Market and the Schengen Agreement, and has cooperated with other regulatory bodies, such as the European Central Bank and the European Investment Bank, and has been a member of the Federation of European Securities Exchanges and the World Federation of Exchanges since 2007. Category:Stock exchanges in Poland