Gielda Papierów Wartosciowych w Warszawie S.A., together with its subsidiaries, operates a stock exchange in Poland and internationally. It operates through three segments: Financial, Commodity, and Other. The company trades in equities; equity-related financial instruments; other cash markets instruments, such as structured products, investment certificates, and exchange traded fund units; derivative financial instruments; corporate, municipal, co-operative, treasury, and mortgage bonds; debt instruments; and agricultural commodities, as well as provides listing and information services. It also offers market operator and balancing services to electricity traders, producers, and industrial customers; trade operator and balancing entity services; WIBID and WIBOR benchmark calculation and distribution services; capital market education, promotion, and information services; and training services, as well as leases office space. In addition, the company trades in electricity, natural gas, property rights in certificates of origin of electricity, and CO2 emission allowances, as well as engages in the operation of the Register of Certificates of Origin of electricity and the Register of Guarantees of Origin. Further, it operates as an exchange settlement system for transactions in exchange-traded commodities. It operates in various markets, such as GPW Main Market, NewConnect, Catalyst, and Treasury BondSpot Poland, as well as the markets operated by Towarowa Gielda Energii S.A. and InfoEngine S.A. Gielda Papierów Wartosciowych w Warszawie S.A. was founded in 1991 and is based in Warsaw, Poland.