User Tools

Site Tools

Trace:
warsaw

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revisionPrevious revision
Next revision		Previous revision
warsaw [2017/08/08 12:18] – [Giełda Papierów Wartościowych w Warszawie (Warsaw) and NewConnect] mayawarsaw [2019/11/04 13:55] (current) – [Trading Hours] maya
Line 10: Line 10:
 Currency: PLN (Polish zloty) Currency: PLN (Polish zloty)
  
-[[https://www.gpw.pl/dni_bez_sesji_en|Trading Calendar: Warsaw Stock Exchange]]\\ +[[https://www.gpw.pl/session-details|Session details: GPW]]\\ 
-[[http://www.newconnect.pl/index.php?page=dni_bez_sesji_en| Trading Calendar: NewConnect]]+[[https://newconnect.pl/session-schedule&d| Session schedule: NewConnect]]
  
-[[https://www.gpw.pl/session_schedule_utp|Trading Hours]] 
- 
-====Trading Hours==== 
- 
-^ CET (Local Time) ^ Session ^ 
-|8:30 - 9:00|Opening Call| 
-|9:00|Opening (Auction)| 
-|9:00 - 16:50|Continuous trading| 
-|16:50 - 17:00|Closing Call| 
-|17:00|Closing (Auction)| 
  
 ====Order Types==== ====Order Types====
Line 39: Line 29:
 |>100|0.05| |>100|0.05|
  
-  * Short Sale Rules: naked short selling is prohibited; locate required.+  * Short Sale Rules: naked short selling is prohibited; locate is required.
   * Circuit breakers: these markets have both Static and Dynamic limits.   * Circuit breakers: these markets have both Static and Dynamic limits.
     * Static limit of +/- 10% of the reference price is allowed. Reference price does not change throughout the day.      * Static limit of +/- 10% of the reference price is allowed. Reference price does not change throughout the day. 
     * Dynamic: for shares in WIG20 index, limit is +/- 3.5%; for shares in mWIG40, limit is +/- 4.5%; for other shares, limit is 6.5%. The treshold for dynamic is taken from the last TOS price.     * Dynamic: for shares in WIG20 index, limit is +/- 3.5%; for shares in mWIG40, limit is +/- 4.5%; for other shares, limit is 6.5%. The treshold for dynamic is taken from the last TOS price.
 +  * **Note:** as part of pre-trade transparency requirements under the new MiFID II rule, Europe hidden or hidden portion of iceberg (e.g., CHIX-X Bats and Turquoise reserve/dark orders) order must be sent above the Large In Scale (LIS) thresholds as defined by the European Securities and Markets Authority (ESMA). For more information about the MiFID II rules, visit the ESMA official website at https://www.esma.europa.eu/.
  
 ====Auction Periods==== ====Auction Periods====
Line 49: Line 40:
   * Limit and Market orders may be entered, amended, and cancelled   * Limit and Market orders may be entered, amended, and cancelled
  
-2. **Closing Auction** (16:50 - 17:00)+2. **Closing Auction** (16:50 - 16:59:45)
   * Limit and Market orders may be entered, amended, and cancelled   * Limit and Market orders may be entered, amended, and cancelled
  
 ==== See Also ==== ==== See Also ====
   * [[market_guides|Market Guides]]   * [[market_guides|Market Guides]]
warsaw.1502209125.txt.gz · Last modified: 2017/08/08 12:18 by maya