The Warsaw Stock Exchange WSE , Polish: With a market capitalisation of PLN 1, bln EUR bln; as of May 12, , [2] it is officially the largest and most significant stock exchange in Central and Eastern Europe.

The WSE is a member of the World Federation of Exchanges and the Federation of European Securities Exchanges. On 17 December , the WSE also joined the United Nation's Sustainable Stock Exchanges SSE initiative. Warsaw became the capital and financial center of Poland in the early 17th century. In the Middle Ages other Polish towns, most of them members of the Hanse , were the leading economic centers of Poland.

Merchants from western and southern Europe settled in Poland since the beginning of Polish statehood.

They brought the system of organized exchange trading in securities, mostly bills and currencies, to Poland. The oldest Polish bill was issued in by the Cuyavien bishop Sambor. The main centers of securities tradings were at the lower Vistula , in the 14th century occupied by the Teutonic Knights.

Early mercantile trade in securities emerged in Warsaw in the 15th and 16th century and was based on privileges by the Masovian Dukes and later Polish Kings. The original privileges are lost, but they have been mentioned and affirmed by King John II Casimir in The securities trading minutes of the Warsaw merchants in the Old Town Hall have been recorded since The legal framework for the trading in securities was first codified by the Polish Sejm in As one of the first Polish corporations Kompania Manufaktur Welnianych issued its first shares in In the Duchy of Warsaw adopted the Napoleonic code including the Code de Commerce.

The Code de Commerce also regulated stock exchange law and there were efforts made to establish a state-organized exchange on the basis of this code in Warsaw. However, due to the Napoleonic Wars and the Congress of Vienna , the plans had to be postponed.

The first trading took place in the Old Town Hall on 16 May and moved in the same year to the Saxon Palace as the Old Town Hall was destroyed in the same year.

Exchange trading in securities also was held in the trading house Marywil but were moved to the house of building of the Polish Central Bank in and to the building of the Financial Commission and Confraternity Harmonia in , before in the Warsaw Mercantile Exchange moved into its own building at the Saxon Garden.

The Warsaw Mercantile Exchange grew rapidly. The number of brokers doubled between and In the first half of the 19th century mainly bills, debentures and bonds were traded, while share trading on a broader scale developed in the second half of that century.

The first public security to be traded on the Warsaw Mercantile Exchange was the debentures of Towarzystwo Kredytowe Ziemskie issued in The first shares admitted to trading were issued by railroad companies in the s. Until trading sessions were twice a week between 1pm and 2pm.

In a new, more liberal, stock exchange act was passed, separating the trade in securities and commodities. A separate Warsaw Commodities Exchange was founded in Central Europe was subject to a big bull market after the Prussian-Franco War of , followed by a harsh crash starting at the Vienna Stock Exchange in the later s. However, the Warsaw Mercantile Exchange constantly grew until the First World War.

In Warsaw was occupied by German and Austrian forces and the exchange was closed down during the later years of the war. The Warsaw Money Exchange had more than participants, 25 brokers, and more than issuers. Its yearly turnover amounted to 1 billion PLZ. A new stock exchange law was passed in and again in and The Polish exchanges were subject to the world crises of , but they recovered in the second half of the s until the Second World War.

In Poland was occupied by German and Russian forces and all Polish stock exchanges were closed by the aggressors. It was only after the fall of the communist regime in , that the Warsaw Stock Exchange could be reestablished.

The WSE began activity in its present form on 16 April In the years —, the stock exchange was located in the building which during the previous, and then recent, communist years had been the seat of the Central Committee of the ruling Polish United Workers' Party.

This can be considered an interesting reflection on the rapid transition of Poland from a communist to a market economy. Since then the WSE has been developing and growing rapidly and is now perceived as well established on the European market.

Secrets to Hosting a Stress-Free Holiday Party | HGTV

In September the stock exchange was recognized as an "Advanced Emerging" exchange by FTSE, alongside markets from such countries as South Korea or Taiwan. Additionally, the WSE is governed by the Code of Commercial Companies of , the Statutes of the Warsaw Stock Exchange, the Rules of the Warsaw Stock Exchange, and the Rules of the Stock Exchange Court.

The WSE is a joint stock company founded by the State Treasury. The following instruments are traded on the WSE: Since its inception, the WSE has engaged in electronic trading. The WARSET trading platform has been in use from November to April ; it has been superseded by the UTP platform, based on the NYSE Euronext platform formerly having the same name.

An additional market called NewConnect was introduced on 30 August The exchange has pre-market sessions from From Wikipedia, the free encyclopedia. Retrieved 19 March Retrieved 12 May Retrieved 24 April Sustainable Stock Exchanges Initiative. Retrieved 9 May Timeline Monarchs Prehistory and protohistory Middle Ages Early Modern — Partitions, duchies and kingdoms — World War I Interwar years World War II Communist Poland Poland since Cities and towns Forests Islands Lakes Mountains National parks Poland A and B Protected areas Regions Rivers.

Agriculture Balcerowicz Plan Central bank Currency Economic history Energy EEZ Exports Regional GDP per capita Merchant Navy Mining Stock exchange Tourism Transport Unemployment Upper Silesian Industrial Region.

Holidays Coverage | husoxupowoj.web.fc2.com

Crime Demographics Education Ethnic groups Health care Languages Religion. Architecture Art Cinema Coat of arms Polish cuisine Silesian cuisine Cultural history Flags Folk beliefs Folk dances Literature Media Music Name Orders and decorations Polish names Public holidays Sport Theatre Traditions. World Federation of Exchanges. Barbados Stock Exchange Belarusian Currency and Stock Exchange Bolsa de Comercio de Rosario Bolsa de Valores de Panama Bolsa Nacional de Valores Canadian Securities Exchange Dutch Caribbean Securities Exchange Ghana Stock Exchange Jamaica Stock Exchange Kuwait Stock Exchange Miami International Securities Exchange PFTS Stock Exchange Sydney Stock Exchange Seychelles Securities Exchange Trop-X.

Authority control WorldCat Identities VIAF: Retrieved from " https: Warsaw Stock Exchange establishments in Poland Buildings and structures in Warsaw Stock exchanges in Poland Government-owned companies of Poland Companies listed on the Warsaw Stock Exchange. Pages using deprecated image syntax Articles containing Polish-language text Coordinates not on Wikidata Wikipedia articles with VIAF identifiers Wikipedia articles with LCCN identifiers.

Navigation menu Personal tools Not logged in Talk Contributions Create account Log in. Views Read Edit View history. Navigation Main page Contents Featured content Current events Random article Donate to Wikipedia Wikipedia store. Interaction Help About Wikipedia Community portal Recent changes Contact page. Tools What links here Related changes Upload file Special pages Permanent link Page information Wikidata item Cite this page.

In other projects Wikimedia Commons. This page was last edited on 12 May , at Text is available under the Creative Commons Attribution-ShareAlike License ; additional terms may apply. By using this site, you agree to the Terms of Use and Privacy Policy.

Privacy policy About Wikipedia Disclaimers Contact Wikipedia Developers Cookie statement Mobile view. WIG WIG20 WIG30 [1]. Wikimedia Commons has media related to Warsaw Stock Exchange.