Warsaw Stock Exchange Taps Exactpro to Secure GPW WATS Trading Platform Launch
By Lauren Towner · 15 September 2026
In brief: Warsaw Stock Exchange (GPW) has engaged Exactpro for independent testing of its new GPW WATS trading system, confirming readiness for a full production launch in October 2026.
| Launch Date | October 2026 |
|---|---|
| System Name | GPW WATS |
| Market Capitalisation | PLN 2.5 trillion |
| Companies Listed | Nearly 400 |

Quick Summary
The Warsaw Stock Exchange (GPW) has partnered with Exactpro to conduct rigorous GPW WATS testing ahead of its October 2026 launch. This independent verification ensures the functional readiness and operational resilience of GPW's new proprietary trading system, which replaces the legacy NYSE Technologies platform to modernize Poland's capital markets.
How Does GPW WATS Testing Ensure Market Stability?
Independent software testing is critical for mission-critical infrastructure where even millisecond delays can impact millions in capital. Exactpro utilized its 16 years of expertise to perform comprehensive functional testing across all trading workflows. This process was conducted from a production-like environment via secure connections to mirror real-world market conditions accurately.
- Functional readiness confirmed for the planned October 2026 production launch.
- Data-based decision making was prioritized to reinforce national market foundations.
“GPW WATS represents years of dedicated work by our in-house engineering teams. The migration is a vital step towards modernising the Exchange infrastructure, so that local and international participants can benefit from even more efficiency and flexibility. Working with Exactpro throughout the independent testing process has been a source of valuable insights as we prepare for the production launch planned in October.” said Sławomir Panasiuk, Vice-President of GPW.
Why is Warsaw Stock Exchange Migrating to Proprietary Tech?
Developing core infrastructure in-house allows the Warsaw Stock Exchange to gain full control over its technological roadmap. By replacing the Universal Trading Platform from NYSE Technologies, which served the exchange for a decade, GPW is investing in long-term operational resilience. This move supports nearly 400 listed companies and a PLN 2.5 trillion market capitalization.
“We are honoured to have been selected as an independent software testing services provider by the Warsaw Stock Exchange. On this engagement, we continued to apply our expertise in production-aligned testing tailored to client infrastructures to contribute to further improving the integrity of the end-to-end trading workflow and business rules implemented in the system. GPW has a highly competent engineering team, it’s been a pleasure to work alongside them at this pivotal moment in the venue’s life.” said Alexey Zverev, Co-CEO and co-founder of Exactpro.
What Results Has the Exactpro Partnership Delivered?
Successful program completion of the functional testing phase marks the final hurdle before the system goes live. Exactpro’s AI-enabled testing services have helped GPW decrease time to market while maintaining strict regulatory compliance standards. The collaboration has validated the integrity of the end-to-end trading workflow, ensuring that the transition from the legacy UTP system is seamless for both local and international market participants.
FF NEWS TAKE:
This move by the Warsaw Stock Exchange to own its stack is a significant power play in the CEE region. By prioritizing rigorous GPW WATS testing through an independent specialist like Exactpro, GPW is signaling to global investors that its technological foundations are robust. Moving away from third-party legacy systems to proprietary tech is a bold step that definitely moves the needle for regional market sovereignty and efficiency.
Frequently asked questions
When will the GPW WATS system launch?
The Warsaw Stock Exchange (GPW) expects the final stage of migration to the new GPW WATS proprietary trading system to take place in October 2026. Exactpro has already confirmed the platform's functional readiness following a successful testing program.
What is the purpose of the Exactpro engagement?
GPW engaged Exactpro as an independent software testing specialist to carry out comprehensive functional testing across trading workflows. This supports the Exchange's goal of ensuring the highest levels of stability and operational resilience for the new mission-critical trading infrastructure.
Which system is GPW WATS replacing?
GPW WATS is replacing the Universal Trading Platform (UTP) from NYSE Technologies. The legacy UTP system has powered the Warsaw Stock Exchange's markets for over ten years, and the move to WATS represents a shift toward proprietary infrastructure.
About the companies
Exactpro
Website · 6 stories and 3 video interviews on FF News since 2019
Previously on FF News:
- Exactpro and Connamara Technologies Unveil New Performance Testing Standards for Financial Markets 22 October 2026
- HPR and Exactpro Reveal Record-Breaking 5-Microsecond Latency for HYPRCUBE Hardware Matching Engine 14 October 2026
- EXCLUSIVE: "'Good Testing' and How to Achieve it" - Iosif Itkin and Elena Treshcheva, Exactpro in 'The Fintech Magazine' 9 October 2023
Companies in this story: Exactpro, The Warsaw Stock Exchange (GPW)
People in this story: Anna-Maria Lukina, Sławomir Panasiuk, Alexey Zverev