WSE to launch new trading floor

The Warsaw Stock Exchange will open a commodity-based financial market in Q3/Q4 of 2015, the CEO of the Polish Energy Exchange (TGE) Ireneusz Łazor informed. Electric energy futures will be the first derivatives listed, followed by natural gas futures. "Further development of the commodities market is one of the key elements of WSE's strategy for the coming years. It will enhance the entire group's product offer and make our capital market more attractive," said CEO of the Warsaw Stock Exchange, Paweł Tamborski. The new market will be funded with the majority of the investment budget earmarked for 2015, totaling PLN 40-60 million.