WSE President: 2019 will be rich in ETFs – Puls Biznesu



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The Warsaw Stock Exchange intends to introduce index-based ETFs next year, announced Thursday the WSE Chairman Marek Dietl

ETF (Exchange Traded Fund – ETF) is a stock market fund. the update of the strategy will create new clues on the basis of which ETFs could be created By seeing KNF support ETFs, I am confident that next year will be rich in interesting ETFs based on our indices "- wrote the stock exchange chairman at the Q & A session on Twitter by Rzeczpospolita

Dietl also said the WSE wants to fight for investors by creating a securities lending platform of KDPW. "We want to attract the issuers through GROWTH GPW's very high quality educational program and reduce the costs of trade by sharing the TCA tools "

As part of the strategy update, the WSE announced a strategic initiative. , which means a transaction cost analysis, a set of innovative tools for the identification and analysis of transaction costs will be built .This type of information will be a sourc e knowledge for investors and brokers, and will analyze aggregated data at the microstructure of the market.

Dietl confirmed that the stock market plans to introduce a futures contract on sWIG80. "We need a wider offer for passive funds in the medium term because they are interested in our trading room because of the reclassification to developed market status," he added.

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