Interactive Data, a leading provider of low-latency trading infrastructure and market access, has added the GPW (Warsaw Stock Exchange) to its 7ticks global network. By connecting to the GPW, Interactive Data’s 7ticks can provide trading connectivity and native market data to open up new opportunities for clients in the Central and Eastern Europe (CEE) capital market.
With a market capitalization of $295 billion, GPW is one of the largest stock exchanges in the Eastern Europe region. The GPW joins a growing number of global exchanges and trading venues accessible through the 7ticks global, low-latency network, which provides direct access to more than 80 markets worldwide. In addition to Europe, Interactive Data’s clients can connect to markets in North America and Asia-Pacific via 7ticks liquidity hubs in major co-location and proximity hosting centers including New York, Chicago, London, Tokyo, Singapore and Sydney.
LeapRate recently initiated coverage on GPW´s forex futures contacts, which track volumes in particular of zloty trading. The most recent September report you can find here, saw a nice 30% MoM rebound for volumes within the segment.
“Dating back to its founding, the Warsaw Stock Exchange has endeavored to pursue cutting edge technology and solutions to better serve our customers. Â Enabling direct connection with Interactive Data is another example of our role as a leader in electronic trading in Central Eastern Europe,” said Grzegorz Zawada, Vice President of the Management Board of the GPW.
“The Central and Eastern European market is a dynamic and exciting region with growth opportunities for businesses across Europe and the globe,” said Sean Brown, President of the 7ticks managed services business at Interactive Data. “In connecting to the GPW, we are helping to support low latency electronic trading for our clients in the region.”
To see more informatioon on GPW, click here.