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News Parkiet
03.03.2004,

Equity markets

Internet brokers still letting through

bad orders

Trading systems of at least two Polish brokerage houses contain loopholes that let through bad orders into Warset trading system. A survey by Gazeta Giełdy Parkiet has shown neither DM Millennium nor DI BRE has safety features preventing excessive losses through mistrades. Warsaw Stock Exchange authorities have already asked Polish brokers to activate special software application that helps eliminate bad orders.

Public finances

Poland?s budget deficit may rise

on EU accounting rules

Poland?s reported budget deficit could rise to as much as 7.2 percent of Gross Domestic Product after European Union accounting experts barred governments from recognizing payments into state-run pension plans as public revenue. The...


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