- A test trading session in the UTP system was carried out by GPW on 14 March
- The session with the participation of Exchange Members was completed as planned
A test trading session in the UTP system (GPW’s electronic trading system) was carried out on Saturday, 14 March with the participation of Exchange Members and the central securities depository Krajowy Depozyt Papierów Wartościowych. The test was carried out according to the regular trading day schedule.
“We make best efforts to protect the safety of trading, in particular at a time of turbulence and bigger volatility on the capital markets. We were planning the test for two months. We originally expected to follow a Business Continuity Plan scenario but life has its own scenarios. We aligned the test with the current circumstances and focused on the capacity of the system in view of recent trading sessions. The main objective was to test our internal procedures and technologies supporting remote operation. We will be working remotely in the nearest future to protect our employees and ensure business continuity. The test went smoothly and according to plan. The test results confirm that our technology and organisation is resilient to the current turbulences,” said Dariusz Kułakowski, Member of the GPW Management Board.
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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
