Warsaw Stock Exchange: First Client Starts Using Colocation Service Offered By GPW

The colocation service for domestic and foreign clients is once again available from GPW
ERSTE Securities Polska is the first Exchange Member to start operations and offer its clients the fastest access to GPW’s trading system

Exchange Members, Data Vendors and other GPW clients may avail themselves of the fastest access to GPW’s trading system (UTP) through installation of the hardware and software in direct colocation with UTP. ERSTE Securities Polska is the first Exchange Member to start using the colocation service.

The colocation service is designed for entities using automatic trading systems and wishing to guarantee for themselves and their clients the fastest access to GPW markets for the transfer of orders and receipt of market data. The service guarantees to all clients the same communication time with the UTP system, not exceeding 500 microseconds (μs).

Offering the colocation service, GPW consolidates its status as a leader in technological services and
state-of-the-art solutions for the market.

“We attach great importance to the needs and expectations of our partners and clients. We pay particular attention to broadening the access to the GPW markets, which contributes to improved liquidity of financial instruments. We are happy to have ERSTE Securities Polska as the first entity to offer the solution to investors”, said Grzegorz Zawada, Vice President of GPW’s Management Board.

“We are extremely proud to be the first Exchange Member to offer the fastest access to GPW’s trading system to our clients. We believe that the collocation service will allow us to attract to GPW more firms using the most advanced automatic trading systems both on the cash equity and the derivatives market. Cooperation with GPW in this area perfectly matches the strategy of ERSTE Securities Polska S.A. to support electronic trading services at the highest possible level”, said Franz Bichler, Member of the Management Board of ERSTE Securities Polska.

For more information about the colocation service, visit: http://www.gpw.pl/colocation