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.