DrKW becomes first foreign member of Warsaw Stock Exchange

Dresdner Kleinwort Wasserstein (DrKW) today became the first non-Polish financial institution to become a member of the Warsaw Stock Exchange. This will allow DrKW’s institutional clients to trade Polish stocks and derivatives from April 1.

"Since Poland’s accession to the EU, our institutional clients in Western Europe – including mutual and hedge funds – have shown a great interest in the Polish market, so we see significant growth potential for our new product,” said Matthias Rode, managing director of the bank's emerging Europe equities team in Frankfurt.

The approval follows the announcement on February 15 about the launch of Treasury note futures, the first time interest rate derivatives were made available on the Exchange. (See Warsaw Stock Exchange launches interest rate derivatives)