DEFINITION of 'Warsaw Stock Exchange - WSE'

The Warsaw Stock Exchange (WSE) is the largest stock exchange in Eastern Europe and one of the most recognized Polish financial institutions. Located in Warsaw, Poland, the WSE began trading on April 16, 1991. Instruments such as shares, bonds and various derivative products can all be traded electronically on this exchange.

BREAKING DOWN 'Warsaw Stock Exchange - WSE'

The WSE is a joint-stock company founded by the state treasury in 1991 following the overthrow of Poland’s communist regime in 1989. It was established as a modern stock exchange with electronic trading and dematerialized registration of securities. The first companies listed on the exchange were Tonsil, Prochnik, Krosno, Kable and Exbud.

Poland increased its trading volume after forming its pension system in 1999 and joining the European Union in 2004. Additionally, the WSE has become one of Europe’s more dynamic IPO markets and has the largest capitalization of all the exchanges in Central and Eastern Europe. Many economists expect that Eastern Europe will continue to be an area of rapid growth in the foreseeable future and the WSE will be sure to benefit from the increased investment.

The WSE operates through two businesses, the financial market and the commodity market. The financial market trades in equities, derivatives and fixed income. The commodity market trades in electricity and is one of the most liquid electricity markets in Europe. 

The WSE’s stated mission is to provide competitive exchange and clearing services, support economic growth and ensure high standards and safety of trading practices. The exchange trades Monday through Friday from 9 a.m. - 5 p.m. The main companies listed on the exchange are Poland-based and trade in Polish Zloty.

Corporate Social Responsibility 

Initiated by the WSE in 2009, the RESPECT Index is Central and Eastern Europe’s first index of socially responsible businesses. It covers companies from Poland and around the world that are listed on the WSE Main Market which follow the highest standards in corporate governance and disclosure, while also taking into account environmental and social principles. Companies in the index are screened by the WSE and the Polish Association of Listed Companies (SEG) in a three-stage review of these factors and are audited by the project partner.

  1. PLN (Polish Zloty)

    The PLN (Polish zloty) is the national currency of Poland, issued ...
  2. PLN

    In currencies, this is the abbreviation for the Polish Zloty.
  3. Futures Exchange

    A futures exchange is a central marketplace, physical or electronic, ...
  4. Equity Market

    An equity market is a market in which shares are issued and traded, ...
  5. Commodities Exchange

    A commodities exchange is an legal entity that determines and ...
  6. Singapore Exchange - SGX

    The Singapore Exchange is a full service equities, fixed income ...
Related Articles
  1. Insights

    The World's Top Financial Cities

    These cities are the heart of the world's financial activity.
  2. Tech

    190 Cryptocurrency Exchanges: So How to Choose

    With the plethora of digital currency exchanges, how can an investor choose the right one?
  3. Insights

    The NYSE and Nasdaq: How They Work

    Learn some of the important differences in the way these exchanges operate and the securities that trade on them.
  4. Tech

    5 Live Bitcoin Exchanges

    Learn about five of the largest bitcoin exchanges operating around the world in 2015, and discover the issues these exchanges are facing.
  5. Investing

    4 Reasons Investors Love Intercontinental Exchange (ICE)

    Read about Intercontinental Exchange and the strong economic position the firm achieved through a series of acquisitions and positive derivative market trends.
  6. Trading

    The Death Of The Trading Floor

    Electronic trading has almost completely replaced face-to-face human trading.
  7. Trading

    Dual And Multiple Exchange Rates 101

    Why would a country choose to implement dual or multiple exchange rates? It's risky, but it can work.
  1. Move from an OTC to a major exchange

    In order to move a company from over-the-counter market to a major exchange, a number of conditions must be met to being ... Read Answer >>
  2. Can stocks be traded on more than one exchange?

    A stock can trade on any exchange on which it is listed. A company can list its shares on more than one exchange, in a dual ... Read Answer >>
  3. Trading hours of world's major stock exchanges

    Learn about stock exchange trading hours, the opening and closing times of some major global stock market exchanges, and ... Read Answer >>
  4. What does it mean when my broker says that shares are for auction?

    An auction market is one in which stock buyers enter competitive bids and stock sellers enter competitive offers at the same ... Read Answer >>
  5. Why do option volume quotes differ on different websites?

    Option quotes are different in price and in volume because identical options can trade on more than one market or exchange. ... Read Answer >>
Trading Center