Warset closes Warsaw Stock Exchange thru human error

On Thursday the Warset system of the Warsaw Stock Exchange (WSE) opened a second session and created a second fixing after having closed earlier in the day as the result of an error. "It's already clear that it was a human error and not the fault of the system. I apologize on behalf of the stock exchange," said WSE president Wieslaw Rozlucki. Brokerage houses remained open until 1 A.M. to compensate for the error, since electronic transfer of the program that WSE sent to investors in order to fix the problem took a few hours. "It is still uncertain how much of the data was incorrect and that is why we sent all distributors electronic files with correct data," said Rozlucki. Despite the fact that they stayed longer at work, brokers said there were no further consequences of the bug. Rozlucki also assured investors that all transactions on Thursday were completed properly and according to the correct data. (Parkiet, Dec. 30, 2000 - Jan. 1 2001, pp. 1, 6) M.M.