News
New Stocks Will Be Listed On GlobalConnect: Adidas, Bayer, RWE
PRESS RELEASE
- Stocks of Adidas, Bayer, and RWE will be newly listed on GPW’s foreign stock market GlobalConnect as of 27 June 2023
- The stocks will be introduced to trading on GlobalConnect following the application filed with GPW by the Introducing Market Maker, Santander Biuro Maklerskie
Following an application of the Introducing Market Maker (WAR), Santander Biuro Maklerskie, three more stocks will be newly listed on GlobalConnect on 27 June 2023. These will be German companies listed on Deutsche Börse: footwear and sportswear manufacturer Adidas, chemical and pharmaceutical company Bayer, and energy company RWE. The stocks participate in the DAX index. The Financial Instrument Sheets for the stocks will be available on the GlobalConnect website: https://gpwglobalconnect.pl/karty-instrumentow-finansowych.
Ten stocks are currently traded on GlobalConnect: Allianz, BMW, Inditex (Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home), Jeronimo Martins (owner of the Biedronka retail chain, among others), Mercedes Benz, Porsche, SAP, Siemens, Volkswagen, and Zalando. Further gradual expansion of the offer is planned. At a later stage, it is also planned to expand the offer to include the selected US stocks.
GlobalConnect is GPW’s new market, launched in November 2022. GlobalConnect lists stocks introduced to trading by an Introducing Market Maker (WAR) without the issuer’s consent. Thanks to the new market, investors can buy and sell shares of the largest and best-known foreign companies on GPW. At the moment, Santander Biuro Maklerskie is the only Introducing Market Maker to introduce foreign stocks on GlobalConnect.
The new market operates in GPW’s Alternative Trading System (ATS). Trading takes place during the trading session on GPW, Monday to Friday from 9:05 a.m. to 5:05 p.m. Foreign stocks are quoted in Polish zloty. The selection of stocks to be listed on GlobalConnect is at the discretion of the Introducing Market Maker, who is also responsible for providing liquidity of the introduced stocks.
Investors can place orders through existing or new accounts with domestic brokerage firms connected to GlobalConnect. The fees charged to Exchange Members operating on GlobalConnect are identical to the fees charged on the GPW Main Market. Holders of stocks listed on GlobalConnect are entitled to benefits such as dividends.
For more information about GlobalConnect, including the Rules and other documents applicable to market participants, visit: www.gpwglobalconnect.pl.
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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