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May 2025
Poland
Q4 2019 to Q1 2025
*TGE (Towarowa Giełda Energii) is a pioneer in implementing innovative solutions in the field of commodity trading. As the only licensed commodity exchange in Poland operating under the Act on Commodity Exchanges, we hold a permit to operate a regulated market. TGE is supervised by the Polish Financial Supervision Authority regarding trading on the markets operated by the exchange, including electricity, natural gas, property rights, CO2 emission allowance markets, and, since 2020, also agricultural and food commodities markets.
**Over-the-counter (OTC) or off-exchange trading, or pink sheet trading, is done directly between two parties without the supervision of an exchange.
