The Warsaw Stock Exchange (GPW) is set to launch the Warsaw Automated Trading System (WATS) on November 10, 2025. This cutting-edge platform aims to optimize trading with faster execution, improved security, and global integration. Let’s explore what this means for market participants.
What is WATS?
WATS is GPW’s new trading system designed to meet modern market demands. It offers low latency for faster trades, flexibility across derivatives, bonds, and commodities, and compliance with global standards like FIX 5.0, ensuring seamless international trading. Its advanced matching engine integrates order books to enhance liquidity and efficiency.
Key features and timeline for WATS
Hosted in the state-of-the-art Equinix WA3 Data Center in Warsaw, WATS is built for performance and connectivity. Testing began in late 2023, and the system is set to go live on November 10, 2025, providing ample preparation time for participants. With its robust architecture, WATS enhances security and ensures operational continuity, minimizing risks like cyberattacks or system outages.
WATS Market impact
WATS is poised to transform trading on GPW by encouraging global participation, thanks to its compliance with international standards. It will boost reliability, reducing trading halts and errors, and drive modernization by pushing participants to upgrade their technology and processes.
Opportunities for market participants
Market participants can leverage WATS to:
- Execute trades faster with low-latency infrastructure.
- Diversify strategies using advanced liquidity tools.
- Seamlessly trade across multiple asset classes, from derivatives to commodities.
- Preparing for the Transition
To fully benefit from WATS, market participants should:
- Upgrade their trading systems to align with the platform.
- Provide training for their teams to navigate new functionalities.
- Actively participate in the testing phase to ensure readiness by the launch date.
The launch of WATS represents a transformative moment for the Warsaw Stock Exchange, bringing speed, security, and global connectivity to trading. By preparing early, traders can seize new opportunities and stay ahead in this evolving market.
What are your thoughts on WATS? Are you ready for the change?
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