Tesla Shares Debut on GPW – GlobalConnect, Opening New Avenues for Investors

INVESTINGTesla Shares Debut on GPW - GlobalConnect, Opening New Avenues for Investors
GPW STOCK EXCHANGE
  • On December 12th, 2023, on the GPW – GlobalConnect foreign stock market, shares of the American company Tesla, a global manufacturer of electric vehicles, will debut.
  • Tesla is listed on the Nasdaq stock exchange in New York and is part of the Nasdaq100 stock index.
  • The introduction of Tesla shares onto GlobalConnect opens a segment of US companies listed in Polish zlotys on the GPW.
  • The debut of Tesla shares on GlobalConnect was initiated by the Market Animator Introducer – Santander Brokerage Office.

On December 12th, 2023, the first American company will appear on GlobalConnect, on the proposal of the Market Animator Introducer – Santander Brokerage Office. The introduction of shares from Tesla, a global manufacturer of electric vehicles, to the market is a step towards increasing the availability of foreign stocks for investors on the GPW. Tesla is listed on the Nasdaq stock exchange in New York and is part of the Nasdaq100 stock index.

Bringing the first American company to GlobalConnect is an important step to develop this market. The availability of shares from overseas companies increases the attractiveness of our market to individual investors. Our goal is to continuously expand our offerings so that GPW investors have the opportunity to invest in the shares of the largest global companies, including those from the USA, using local currency. We hope that with the increasing number of available instruments, investor activity on GlobalConnect will increase – says Izabela Olszewska, Board Member of GPW.

We want to participate in projects that develop our native capital market. Therefore, following previous announcements, we are starting to trade US companies on GlobalConnect. Many investors were waiting for American shares and we hope that the choice of such a well-known brand from the outset will suit their tastes. Several more companies from this market are already being prepared, and I hope that we will be able to provide more details later this year – says Wojciech Sieńczyk, director, Santander Brokerage Office.

Companies listed on GlobalConnect are introduced to trading by the Market Animator Introducer (WAR) and are listed in Polish zlotys. Currently, 15 companies’ shares are available for trading on GlobalConnect, with a plan to gradually expand the offer. The new market operates within the GPW Alternative Trading System (ASO), with trading occurring from Monday to Friday between 09:05-17:05. Investors can place orders via an existing or new account at national brokerage offices that are connected to GlobalConnect.

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