Partly owned by the Polish government, the Warsaw exchange is one of the largest bourses in Central and Eastern Europe, with a market capitalization of $506m.

WSE president and CEO Adam Maciejewski said that the exchange house said that it plans to acquire stakes in firms in organized commodity markets in Poland and investment in Aquis Exchange are its long-term strategy for further growth.

If the planned acquisition goes ahead, the Polish firm will became one of the biggest shareholders in Aquis, as reported by the Bloomberg.

In order to bring fresh competition into the mature markets, Aquis Exchange plans to categorize pan-European equities trading market, including multilateral trading facility (MTF), which is subject to UK regulatory approval.