What is the Warsaw Stock Exchange?
Although it has one of the most blissful history in the whole financial world, the Warsaw Stock Exchange in Poland has persisted to become the largest exchange in Eastern Europe. Its history dates back to the 17th century and has many closures due to occupation and war. It is based on three legal principles that outline the mission of the stock exchange. It is a public ownership company itself and boasts a fully electronic system with several companies in its registry.
The Warsaw Stock Exchange began in the 17th century, when the country was known as the Polish Kingdom and the stock exchange usually traded accounts and currencies. Over the centuries, an unpredictable life cycle has been replaced, especially during the 20th century. During the First World War, the Warsaw replacement was closed during the German occupation, and after the war it was reopened and closed under the German occupation of World War II. This time the trade floor would remain closed for almost 50 years.
During the Communist government after World War II, Poland remained sleeping. WhenThe Communist government overthrew in 1989, reopened for another two years and financial assistance from France. The exchange began with only five shares, but in the next two decades the balloon began with expansion. Since this writing, the Warsaw Stock Exchange is considered the largest stock center of shares throughout Eastern Europe.
When the Warsaw Stock Exchange reopened its door, it founded three main principles that would help direct its decision. One focused on addiction to the exchange on the public offer, the conditions regulating the introduction of financial instruments organized trading and public society. The second was trading in financial instruments such as stocks, bonds, subscription rights, futures and other elements of financial trading. Thirdly, the exchange by Act about the supervision of the capital market, which means legal rules that dictate the capitalist economy.
Incarnation of the Warsaw Exchange from 1989 wasAnd founded the treasury, but its structure changed from the government organization to publicly traded. Interestingly, the Ministry of Finance still owns almost all 60,000 stock exchange shares and leaves the rest to be owned by banks and brokerage houses. Due to its relative novelty on the trading market, the exchange has always boasted an electronic communication network that allows fully digital modern trading.