Warsaw Stock Exchange Taps XTB to Bring Foreign Retail Investors to Polish Stocks
By Damian Chmiel
AI summary of the source article
The Warsaw Stock Exchange and broker XTB have launched a pilot granting XTB clients across the European Union automatic access to Warsaw-listed shares. The move removes operational barriers previously requiring foreign retail investors to submit a separate application.
Why it matters
Warsaw Stock Exchange management board member Michał Kobza stated that "a larger share of foreign investors would support liquidity and make Warsaw-listed companies better known abroad."
Key facts
- Warsaw-listed shares are now automatically accessible to XTB clients across the European Union under a pilot program.
- Previously, only clients in Poland had automatic access, while investors in other countries required an extra application.
- At the end of September, the Central Securities Depository of Poland counted over 3 million brokerage accounts, with 1.285 million hosted at XTB.
Source excerpt · Finance Magnates
Warsaw-listed shares are now open to XTB S.A.'s clients across the European Union without a separate request, the broker and the Warsaw Stock Exchange (GPW) said today (Friday). The two called it a pilot. Until October, only XTB clients in Poland had automatic access to Warsaw-listed instruments on its platform. Retail investors elsewhere needed an extra application first. That route was used by c…