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Warset transforms Warsaw Stock Exchange transactions

The new on-line stock system Warset, launched on Warsaw Stock Exchange 
(WSE) last Friday, finished the day smoothly and performed better than 
expected, with the only error in the initial calculations of two WSE 
indexes. Representatives of WSE and brokerage houses were exuberant and 
investors had no reason to complain since huge turnovers were in the 
making. "I am happy with the course of today's trading. Neither the 
technology nor the market failed our expectations," said WSE president 
Wieslaw Rozlucki. "Brokerage houses sent all their orders to the floor," 
said Iwona Pawlina of the WSE press office. "Everything goes in on-line 
as it should without any delays," said Krzysztof Polak, one of the 
directors of brokerage house DM BPH. It appears that the introduction of 
Warset did not create any confusion among investors. (Parkiet, Nov. 
18-20, pp. 1, 2) M.M.

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