Locked content Brokerage firms’ profit doubles in Q1 2018 – KNF

Brokerage firms recorded net profit of PLN 102.16 million in Q1 2018, up from PLN 54.02 million in the first quarter of the previous year, the Financial Supervision Authority (KNF) stated. Operational profit stood at PLN 115.68, compared to PLN 75.1 million a year earlier. Revenue from brokerage dec...

Locked content KNF: brokerages’ net profit up by 12.2% in 2017

Polish Financial Supervision Authority (KNF) reported that net profits of brokerage houses amounted to PLN 222.09 million in 2017, whereas it stood at PLN 197.88 million in the corresponding period last year. The gross profit of brokerages totaled PLN 271.33, up from PLN 249.29 million in 2016. Oper...

Locked content WSE to lower transaction fees

Starting November 1, the Warsaw Stock Exchange (WSE) will charge its members lower fees. The changes apply to transactions in shares and stock data on the main market and NewConnect. The fixed fee rate per order will be reduced to PLN 0.15 from PLN 0.20. “The level of transaction fees is one of the ...