Notes
[1] 3 NewConnect is a new market financing the growth of young companies with a large growth potential, organised and operated by the Warsaw Stock Exchange. It has started in 2007. Whereas Catalyst is the bond market, which was launched in 2009. It operates on transaction platforms of the Warsaw Stock Exchange and BondSpot (formerly MTS CeTO). Catalyst comprises four trading platforms. Two platforms operated by the WSE (a regulated market and an alternative trading system) are dedicated to retail investors; two BondSpot markets (regulated market and ATS) are dedicated to wholesale investors.