Information services

Abstract

As at 31 December 2013, the Company’s information services clients were 58 data vendors, including 34 domestic and 24 foreign ones with nearly 262 thousand subscribers.

The Group collects, processes and sells market data concerning all the markets which it operates, and is the sole supplier of market data in real time concerning domestic financial instruments which are traded on the markets of the Group. The status of WSE as the original source of information on trading and its strong brand enable the Company to successfully reach various groups of market participants with advanced information adjusted to individual needs. The main clients using such information are specialised data vendors who deliver the data made available by the Company in real time to investors and other market participants. Amongst the vendors there are information agencies, investment firms, Internet portals, IT companies and other entities operating on capital markets. As at 31 December 2013, the Company’s information services clients were 58 data vendors, including 34 domestic and 24 foreign ones with nearly 262 thousand subscribers (including over 16 thousand subscribers using professional data feeds). WSE supplies data feeds in real time on two levels. On the “basic” level, users obtain data of one bid/ask offer for the particular financial instrument. On the “professional” level, users obtain five best bid-ask offers or the full order book.

In addition to real-time data from WSE and BondSpot, the Company also provides data vendors with reports of issuers listed on NewConnect and Catalyst.

The Company’s information services also include:

  • services for licensees issuing financial instruments with the use of WSE indices as underlying instruments (as at 31 December 2013, 16 foreign financial institutions present globally and 1 Polish bank were WSE index licensees using indices as the underlying of financial products);
  • licences on WSE data for use in the calculation and publication of clients’ proprietary indices (as at 31 December 2013, there were 11 licensees, mainly global entities which specialise in index calculations);
  • licences for television stations using real-time data feeds for limited presentation in public financial programming (as at 31 December 2013, there were 2 licensees);
  • services including delivery of WSE statistics and indicators (as at 31 December 2013, there were 115 WSE clients buying such data, mainly domestic and foreign financial institutions and financial information providers).

Number of data vendors and subscribers

 As at 31 December   
  2013 2012 2011 2010 2009
Number of vendors of data in real time, of which: 58 58 57 52 50
- domestic 34 37 37 33 32
- foreign 24 21 20 19 18
Number of subscribers of data in real time (thousand), of which: 261.9 288.1 327.3 307.2 186.7
- number of subscribers using professional data feeds  16.2 16.3 19.1 20.6 20.7
Number of licensees using WSE indices as underlying instruments for financial products 17 17 18 16 15

Source: WSE