Warsaw Stock Exchange signs agreement with Euronext

The Warsaw Stock Exchange (WSE) has signed a mutual partnership agreement with the pan-European integrated stock exchange Euronext, which includes the Paris, Amsterdam, Brussels and Lisbon bourses. Under the agreement, Polish investors will be able to do business throughout Europe using domestic brokerage houses. Euronext's Chairman of the Board Jean-Francois Theodore and WSE President Wieslaw Rozlucki both hope the advantages stemming from the agreement will be mutual. "Companies will become more attractive to investors," said Rozlucki. Although the deal has already been signed, potential investors will have to wait approximately a year before the first transaction between the WSE and Euronext takes place. According to Jea n-Francois Theodore, marketing will be the toughest challenge. "The hardest part will be convincing the investors to get involved in many different bourses," he said. (Parkiet, Feb. 9-10, p. 3; Puls Biznesu, p. 7; Zycie, Feb. 9-10, p. 7) M.T.K.