Figures released by the Warsaw Stock Exchange show that trading on the bourse’s derivatives market continues to be dominated by individual investors, who were responsible for 52% of futures and 58% of options volume.
The proportion of trading accounted for by institutional
investors has remained largely unchanged since 2008, at a level
of 36%–37% on the futures market and 30%–32%
Involvement from foreign investors has increased slightly,
up 12% on the same period last year. On the options market,
foreign investors accounted for 10% of volumes.
Austrian institutions were the dominant foreign brokers. The
WSE claims Austrian brokers are more active on its futures
market than on Wiener Börse. In the first half of the
year, trading by Austrian brokers totalled 511,000 index
futures, compared to only 165,000 such contracts on the