WSE to launch GlobalConnect foreign stock market in November

The Warsaw Stock Exchange (WSE) plans to launch a foreign stock market, GlobalConnect, starting November 4, the Bourse said. The new market will enable investment in shares of global companies in the Polish currency.

"The first trading session of GlobalConnect is scheduled for November 4. Thanks to the new market, investors will be able to buy and sell shares of the largest and best-known foreign companies on the WSE. Santander Brokerage has been appointed as the first Market Introducing Market Maker (WAR), which will list shares of foreign companies on GlobalConnect," the announcement reads.

The application to join the market and at the same time expand its retail offering to GlobalConnect was submitted by ING Bank Śląski, Dom Maklerski Banku Ochrony Środowiska, Opera Dom Maklerski, and Santander Biuro Maklerskie, the WSE said.

(ISBnews)