The state-of-the-art trading system UTP implemented in 2013 will be the key tool of WSE supporting the improvement of liquidity of trading in shares and derivatives.

In 2014, the Exchange will focus on sustainable development of the existing business lines, dedicated development of new business areas necessary to diversify the sources of revenue, and continued internationalisation of business. The directions of these efforts are defined in the new strategy WSE.2020. In addition to organic growth, these include more than ever before growth through mergers and acquisitions.

In the financial market segment, the Group continues the measures aimed at expanding the offer and raising the competitiveness of products. The state-of-the-art trading system UTP implemented in 2013 will be the key tool of WSE supporting the improvement of liquidity of trading in shares and derivatives, the development of products offered by the Exchange (including among others stock options), and the acquisition of new Exchange Members with diverse business profiles (investment firms acting as intermediaries in trading, firms trading on own account, and professional operators focusing on improvement of liquidity – market makers). In the opinion of the Company, after the implementation of the state-of-the-art system UTP, WSE has become more attractive as a trading platform while generating more demand for existing and new products and, furthermore, enabling investors to apply more advanced trading strategies, which should increase the number of orders from new user categories such as investors engaged in algorithmic trading. The second stage of UTP implementation comprising a derivative trading platform will start in 2014. The Company will continue efforts to acquire Polish and international issuers in order to fortify its position as an attractive venue of raising corporate capital. WSE has for many years been the exchange of first choice to companies of all sizes, sectors and stages of development in the CEE Region.

In the commodity market segment, the WSE Group continues to develop trade on the markets in electricity, property rights and gas. In the opinion of the Company, there is a major opportunity to develop new instruments and trade in exchange commodities by using the synergies generated by the co-operation between WSE, PolPX and WSEInfoEngine. In 2014, PolPX is planning to open trading in cash-settled electricity futures (without delivery of the underlying). An Exchange IT Platform (GPI) will be opened for the electricity and gas markets.