The Management Board of the Warsaw Stock Exchange (GPW) has confirmed that its new trading system, the Warsaw Automated Trading System (WATS), will go live on 10 November 2025.
GPW’s project to develop a new proprietary trading platform commenced in July 2019, at an initial estimated capex cost of PLN 90 million, and with a target launch date of June 2023. However, the test version of the trading system was not rolled out until February 2024, when an initial six clients connected to the test platform at Equinix’s IBX data centre in Warsaw.
This decision regarding the new launch date follows a recommendation from the GPW WATS Implementation Committee, which is overseeing the system’s deployment and includes representatives from exchange members, KDPW/KDPW_CCP, as well as from GPW itself. Their collective oversight will aim to ensure that the roll-out remains on schedule and that all preparatory steps are completed efficiently.
WATS is set to deliver numerous technological and operational benefits across the GPW Group. The system’s advanced functionalities are expected to enhance both the quality and efficiency of exchange operations, with significant improvements in security and reliability. As a state-of-the-art solution, WATS is a pivotal component of GPW’s strategy to maintain a competitive edge and drive forward its digital transformation.
S?awomir Panasiuk, Vice-President of the GPW Management Board, commented: “The implementation of GPW’s new trading system WATS is a key step in the further development of the Warsaw Stock Exchange. Setting the roll-out date has been necessary to schedule preparatory and implementing activities on the part of GPW and other stakeholders. A specific date was expected by some market participants in order to optimally plan the necessary adaptation and preparation work.”
The GPW Management Board and Supervisory Board, along with the Implementation Committee, will continue to monitor the progress of the roll-out closely, ensuring all stakeholders are aligned with the new implementation timetable.
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