Pico announces expansion with the Warsaw Stock Exchange

Pico, a financial infrastructure services provider, has recently launched direct connectivity to the Warsaw Stock Exchange (GPW) colocation facility.

The GPW is one of the largest and most liquid venues in Central and Eastern Europe and clients interested in connecting to the multi-asset trading marketplace may now do so via direct connectivity or by hosting with Pico within the Warsaw colocation facility. Pico provides one of the lowest latency connections between London metro and Warsaw via a PicoNet access point within London’s Interxion data centre. PicoNet is a private, proprietary network mesh that provides the electronic trading community with powerful access to hundreds of liquidity sources, information providers, and counterparties.

We are excited to have the GPW on net with Pico and extend our managed services offering to their colocation facility. Pico’s clients will benefit from our partnership with the GPW by offering a choice of resilient connectivity methods to the exchange, thus allowing them to focus on trading first,” said Shamir Parmar, Managing Director of Sales and Co-Head of Pico EMEA.

The Warsaw Stock Exchange and Pico partnership is a very exciting development for the market. Pico’s connectivity and management service offering, such as technology hosting and managed infrastructure, will facilitate more efficient trading through the use of cutting-edge infrastructure. Pico’s presence in Warsaw reflects the international banks, brokers, trading firms and asset managers’ ever-increasing awareness of the Polish market. This is a particularly important market development, just at the point when Poland is upgraded to Developed status by FTSE Russell,” added Marek Dietl, President of the Management Board of the Warsaw Stock Exchange.

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