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GPW SAZabka grocer stock futures already available - WSE
The Warsaw Stock Exchange is expanding its offerings with new derivatives - three series of futures contracts on listed convenience store chain Zabka shares; as of October 22, 2024, futures contracts expiring in December 2024 and March and June 2025 are available, the WSE's operator GPW said in a press release.
As stated, three series of futures contracts on Zabka Group shares are available on the market, with different expiration dates: December 2024, March 2025 and June 2025. Each contract covers 100 shares of the group. It added that the contracts will be supported by market makers.
“Even before the debut of the Zabka group, we received numerous inquiries from investors regarding futures contracts on its shares. The rapid introduction of such contracts to trading is possible when there is strong interest in the underlying instrument and we cooperate with a market maker," said GPW's board member Michal Kobza, quoted in the press release.
"This was the case with the Zabka Group, which is why we introduce new futures contracts just a few days after its stock market debut. However, it's worth remembering that futures contracts are mainly intended for active investors who accept higher risks,” he added.
The Zabka Group debut opened a new chapter in the history of the Warsaw Stock Exchange.
The company conducted a public offering, selling 300 million shares at PLN 21.5 (EUR 4.97) per share, making it the largest IPO on the WSE since Allegro's debut in 2020.
The value of the entire offering was PLN 21.5 billion (EUR 4.97 bln). Zabka Group is the 411th company to be listed on the WSE's Main Market and also the sixth IPO in 2024.
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