Polish Capital Market Leaders Awarded for 2021

  • Apr 5, 2022
Polish Capital Market Leaders Awarded for 2021

  • The Warsaw Stock Exchange (GPW) has awarded capital market leaders at the Stock Exchange Gala 2021
  • The ceremony was organised by GPW and partners: KDPW, BondSpot, and GPW Benchmark
  • Biuro Maklerskie PKO Banku Polskiego was named the Broker of the Year 2021

After a year’s break caused by pandemic-related restrictions, the Stock Exchange Gala 2021 has made its comeback to GPW’s Trading Floor. Capital market leaders were awarded by representatives of the Warsaw Stock Exchange: Marek Dietl, President of the GPW Management Board, and Izabela Olszewska and Piotr Borowski, GPW Management Board Members, as well as Mariusz Bieńkowski, President of the Management Board of BondSpot, and Zbigniew Minda, President of the Management Board of GPW Benchmark. They honoured the institutions which achieved the best results last year and made a valuable contribution to the development of the Polish capital market.

“The effects of the pandemic were still being felt in 2021, stimulating exceptional volatility in the global financial markets. The factors which boosted optimism among domestic investors certainly included economic data suggesting that the Polish and global economies were recovering from the crisis, as well as a fall in unemployment and an increase in consumer spending. I am extremely pleased with the unabated interest of investors in the capital market. The trend is confirmed by an increase in the number of investment accounts by nearly 45,000 and a significant share of individual investors in turnover, which amounted to 22 percent of equity turnover on the Main Market and 88 percent of equity turnover on NewConnect,” said Marek Dietl, President of the GPW Management Board.

GPW awards on the equity main market:
  • Biuro Maklerskie PKO Banku Polskiego for the highest share of an exchange member in EOB equity turnover on the Main Market in 2021.
  • Beta Securities Poland S.A. for the largest engagement in the development of the ETF market in Poland in 2021.
  • Raiffeisen Centrobank AG for the highest number of structured certificates introduced in 2021.
  • Trigon Dom Maklerski S.A.for the highest number of IPOs on the regulated market in 2021.
  • PEPCO GROUP N.Vfor the largest IPO of a newly listed company in 2021.
GPW awards on NewConnect:
  • Biuro Maklerskie mBanku for the highest share in EOB equity turnover on NewConnect in 2021.
  • GAMIVO S.Afor the largest IPO of a newly listed company on NewConnect in 2021.
GPW awards on Catalyst:
  • Biuro Maklerskie PKO Banku Polskiegofor the highest share of turnover in bonds on Catalyst in 2021.
  • INPOST SOCIÉTÉ ANONYMEfor the largest bond offering of a newly listed company in 2021.
  • PKN Orlen for the largest green bond issue in 2021.
GPW awards on the derivatives market:
  • Erste Securities Polska S.A for the highest share in index futures turnover volume on clients’ account in 2021.
  • Dom Maklerski Banku Ochrony Środowiska S.A. for the highest activity on the futures market in 2021.
GPW awards for data vendors:
  • Bank Pekao S.A. for the widest use of GPW Group’s real-time data (GPW, BondSpot and WIBOR/WIBID reference rates) in various applications.
  • Analizy Onlineaward to the first Polish vendor of processed data.
Market Maker of the Year 2021 – cash market:
  • Santander Bank Polska S.A. - for the market maker of the most types of financial instruments on the cash market and for the most comprehensive market maker on the cash market.
Market Maker of the Year 2021 – derivatives market:
  • Dom Maklerski Banku Ochrony Środowiska S.A. -for the market maker of the most types of underlying instruments on the derivatives market.
Broker of the Year 2021:
  • Biuro Maklerskie PKO Banku Polskiego -for the highest EOB and block trade equity turnover value on the Main Market and NewConnect, Treasury and non-Treasury bonds on the regulated market, GPW ATS and BondSpot, and for supporting liquidity in the biggest number of asset classes listed on GPW in 2021.
BondSpot awards:
  • Bank Handlowy w Warszawie S.A. Treasury BondSpot Poland cash market leader.
  • ING Bank Śląski S.A. Treasury BondSpot Poland conditional transaction market leader.
  • mBank S.A. Treasury BondSpot Poland market making leader
GPW Benchmark awards:
  • mBank Hipoteczny S.A. for the promotion of indices and benchmarks in the development of the mortgage bond market and modern forms of real estate financing.
  • AgioFunds TFI S.A. – for the promotion of indices and benchmarks in the development of the investment fund passive management offer.

The organisers of the Stock Exchange Gala 2021 are GPW and partners: KDPW, BondSpot, and GPW Benchmark.

History of the WSE

On 12 April 1991, the then Ministers of Ownership Transformation and Finance signed the Deed of Incorporation of the joint stock company "Giełda Papierów Wartościowych w Warszawie S.A." Four days later, on the day of the WSE's inaugural session, shares of five companies were traded and the turnover amounted to PLN 1990. Since 2018, the WSE has been classified as one of the 25 developed markets by the FTSE Russell agency. The history of the capital market on Polish soil dates back to the early 19th century. The first in Poland and one of the few in Europe, the Merchant Exchange, was established in Warsaw on 2 May 1817, soon became the largest market in Tsarist Russia, responsible for 5-6% of global securities trading. A thriving stock exchange, accounting for 90% of the domestic turnover, also operated in Warsaw in the interwar period. After the period of the People's Republic of Poland and the planned economy, it was not until 1989, with the political and economic transformation, that the Polish capital market was able to develop again.

Stock exchange today

The average EoB equity daily trading volume on the WSE was PLN 1,904.7 million in March 2022. The Main Market listed 426 companies (380 domestic and 46 foreign) and the NewConnect market listed 381 companies (377 domestic and 4 foreign) at the end of March 2022. In 2021, the WSE Group generated record sales of PLN 407.6 million, EBITDA of PLN 215.2 million and one of the highest ever net profits of over PLN 161.3 million.

WSE position in the region

The WSE is the leader among stock exchanges in Central and Eastern Europe by the number of listed companies and the total capitalisation of domestic companies. The WSE's share in trading on stock exchanges in the region is 81%. The WSE leads the initiative of the Three Seas Stock Exchanges and aspires to the role of a regional hub for young technological companies with huge potential, the so-called unicorns. Negotiations are currently underway for the WSE to acquire a majority stake in the Armenian Exchange.

The Warsaw Stock Exchange Group (GPW Group)

operates trading platforms for shares, Treasury and corporate bonds, derivatives, electricity and gas, and provides indices and benchmarks including WIBOR and WIBID. The index agent FTSE Russell classifies the Polish capital market as a Developed Market since 2018. The markets operated by the GPW Group are the biggest in Central and Eastern Europe. For more information, visit www.gpw.pl