Trigon, an independent investment banking firm based in Poland and a member of the Warsaw Stock Exchange (WSE), has just gone live on SunGard's Valdi direct market access and order management solutions to support its business. Trigon will use Valdi for trading on the Polish exchange, FIX connectivity and trade order routing.
Polish environment minister Maciej Nowicki has announced that Warsaw will invest PLN5 billion ($1.55 billion) over the next few years to meet its renewables target as part of the European Union's strategy to combat global warming. Poland's energy situation reflects the conundrum within which much of Europe finds itself, and provides an interesting microcosm to consider wider issues.