Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Warsaw Stock Exchange: Number Two In Europe By The Number Of IPOs

Date 14/01/2008

The Warsaw Stock Exchange is a European leader by the number of listings. Among the regulated markets (in the meaning of EU regulations), the WSE with its 81 entrants in 2007 ranked number two in Europe as a close runner-up to the London Stock Exchange with 99 IPOs.

The third position went to Euronext (Eurolist) with half the number of entrants (40) compared to the WSE Main Market in 2007. The Oslo Stock Exchange (37 entrants) ranked fourth, and OMX (35 entrants) ranked fifth in 2007.

NewConnect, the alternative market operated by the WSE, reported equally good performance. In less than 4 months of trading (NewConnect opened on 30 August 2007) it attracted 24 entrants, the third position in Europe compared to the results of other markets in Q3-4 2007. NewConnect moved ahead of the OMX platform First North (17 entrants) and the Deutsche Boerse market Entry Standard (16 entrants).

Table 1. EU Regulated Market IPOs, 2007

No.

Exchange (regulated markets)

# IPOs in 2007

1

London (LSE)

99

2

Warsaw (WSE)

81

3

Euronext (Eurolist)

40

4

Oslo Bors

37

5

OMX

35

6

Borsa Italiana

29

7

Deutsche Boerse

28

8

Madrid (BME)

12

9

Switzerland

10

10

Wiener Boerse

6

11

Athens

3

12

Ireland (ISE)

-

13

Luxembourg

-

 

Source: PricewaterhouseCoopers, WSE

 

Table 2. Alternative Market IPOs, Q3-4 2007

No.

Exchange (non-regulated markets)

# IPOs, Q3-4 2007

1

London (AIM, PSM)

114

2

NYSE Euronext (Alternext, Marche Libre)

47

3

WSE (NewConnect)

24

4

OMX (First North)

17

5

Deutsche Boerse (Entry Standard)

16

6

Luxembourg (EuroMTF)

9

7

Ireland (IEX)

2

 

Source: PricewaterhouseCoopers, WSE