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- Stocks of Zalando, Porsche, and SAP will be newly listed on GPW’s foreign stock market GlobalConnect as of 15 June 2023
- The stocks will be introduced to trading on GlobalConnect following the application filed with GPW by the Introducing Market Maker, Santander Biuro Maklerskie
Following an application of the Introducing Market Maker (WAR), Santander Biuro Maklerskie, three more stocks will be newly listed on GlobalConnect on 15 June 2023. These will be German companies listed on Deutsche Börse: online retailer Zalando, sports and luxury car manufacturer Porsche, and business management software developer SAP. The stocks participate in the DAX index. The Financial Instrument Sheets for the stocks will be available on the GlobalConnect website: https://gpwglobalconnect.pl/Financial-Instrument-Card.
Seven stocks are currently traded on GlobalConnect: Allianz, BMW, Spanish clothing holding company Inditex (Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home), Jeronimo Martins (owner of the Biedronka retail chain, among others), Mercedes Benz, Siemens, and Volkswagen. Further gradual expansion of the offer is planned. At a later stage, it is also planned to expand the offer to include the selected US stocks.
GlobalConnect is GPW’s new market, launched in November 2022. GlobalConnect lists stocks introduced to trading by an Introducing Market Maker (WAR) without the issuer’s consent. Thanks to the new market, investors can buy and sell shares of the largest and best-known foreign companies on GPW. At the moment, Santander Biuro Maklerskie is the only Introducing Market Maker to introduce foreign stocks on GlobalConnect.
The new market operates in GPW’s Alternative Trading System (ATS). Trading takes place during the trading session on GPW, Monday to Friday from 9:05 a.m. to 5:05 p.m. Foreign stocks are quoted in Polish zloty. The selection of stocks to be listed on GlobalConnect is at the discretion of the Introducing Market Maker, who is also responsible for providing liquidity of the introduced stocks.
Investors can place orders through existing or new accounts with domestic brokerage firms connected to GlobalConnect. The fees charged to Exchange Members operating on GlobalConnect are identical to the fees charged on the GPW Main Market. Holders of stocks listed on GlobalConnect are entitled to benefits such as dividends.
For more information about GlobalConnect, including the Rules and other documents applicable to market participants, visit: https://gpwglobalconnect.pl/en-home.
