RENTOWNOŚĆ PROWADZENIA DZIAŁALNOŚCI MAKLERSKIEJ W POLSCE
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Date
2001
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Publisher
Wydział Prawa i Administracji UAM
Title alternative
RENTABILITY OF PERFORMING A BROKERS’ ACTIVITIES
Abstract
The article presents a spot look at the matter because of the fact that such activities in Poland
are known since about 1990, so it must be necessarily taken from a much longer time context.
Moreover we must admit that up to 1996 national stock market stayed still in its primordial stage; future customs have only started to affluence, their structure has just begun to get its shape and
the stock exchange itself continued still to stay in a phase of constant developing for purely organizational
reasons (techniques of turnover, number of sessions, number of brokers’ offices) and
qualitative problems (number of quoted values).
The Author presents brokers’ activities in the light of the law in force now in Poland (first of
all - of the „Law on public circulation of securities” from August 21, 1997, and he cites next the
kinds of activities related to the circulation of securities which necessarily demand to acquire
a license. He also cites all changes in this respect after introducing in Poland of the law of the
European Union. Next the structure of customs of brokers’ offices and the structure of assets on
investments accounts in the period of 1998-2000 are discussed as well as financial returns of
brokers’ activities in the same period. In final part of his article the Author mentions future determining
features of the effectiveness of brokers’ activities and reconsiders the position of brokers’
houses within the organizational structure of Polish market.
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Citation
Ruch Prawniczy, Ekonomiczny i Socjologiczny 63, 2001, z. 1-2, s. 153-169
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ISBN
ISSN
0035-9629