Trading Technologies

Trading Technologies Connects to Warsaw Stock Exchange

Trading Technologies has connected its platform to the Warsaw Stock Exchange (WSE), the national exchange of Poland.

Its user base can now access derivatives products listed on WSE through the TT platform, further strengthening the offering with seamless access to Central and Eastern Europe’s leading derivatives market.

The exchange’s listings span index futures, single-stock futures, currency futures, and index options and include:

WIG20 index futures and options
mWIG40 index futures

The Polish exchange has experienced quite strong demand for their listed instruments, with turnover growth among European leaders in 2020.

Its main market equities grew by 47.5% year over year (YoY), while its SME Growth Market saw significant action and recorded over 888% YoY growth. The WSE’s derivatives segment turnover volumes grew by at least 50% YoY in each product line.

The WIG20 futures contract, WSE’s flagship derivatives product, is certified by the CFTC, making it available to U.S.-based traders.

Steve Stewart, Managing Director, Sales EMEA at Trading Technologies, said: “The Warsaw Stock Exchange’s product portfolio has broad appeal to our global FCM partners and their customers as well as some buy-side and commercial users. We are happy to be collaborating with WSE on this mutually beneficial endeavor.

Izabela Olszewska, Member of the Warsaw Stock Exchange Management Board, commented: “We are glad TT clients will have access to WSE-listed derivatives which strongly supports further development of this market. Apart from the introduction of new products, we are focused on broadening the number of market participants active in this segment. Close cooperation with TT will help us bring liquidity to WSE derivatives and make our market more attractive to investors”

TT’s market connectivity spans six continents as its privately managed infrastructure delivers secure market access from anywhere in the world.

Trading Technologies caters to proprietary traders, brokers, money managers, CTAs, hedge funds, commercial hedgers and risk managers. The firm has also developed cryptocurrency trading and machine-learning tools for trade surveillance.

TT has recently partnered with CloudQuant to create a new business unit, which would look to providing data advisory services and Altdata for the clients of Trading Technologies. This partnership is expected to further bolster the data offering of the company and thus enhance the services provided to their users.