Polish power bourse to launch futures trading in November

Poland’s commodities exchange (TGE), also known as the Polish Power Exchange will launch trading of financial instruments on November 4, a company press release read. According to the company, two brokerages are the new stock's first customers. Ireneusz Łazor, the CEO at TGE stressed that the company is the most dynamically developing stock exchange in the CEE region. Last year, the total volume of  transactions recorded by TGE stood at 186,80 TWh (an increase of 5.8 percent y/y). The turnover amounted to 119.4 percent of Polish output and to 117.7 percent of domestic consumption.