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Alternative title:

Infl uence of global fi nancial crisis of fi rst decade of XXI century on fi nancial status of brokeragehouses and offi ces in Poland

Subject and Keywords:

hossa   bessa   investment firms   financial results of brokerage houses   economic crisis


Tyt. zeszytu: Transformacje systemu gospodarczego : (prace poświęcone pamięci Profesora Tomasza Afeltowicza)


Among the capital market institutions very important role is played by subjects offering brokerage services. They are agents in deals which are made on stock exchanges. This function is the source of many duties for brokerage offi ces. Security of brokerage branch activity strongly infl uences stability of whole capital market, both in periods of slup and bull market. One of the factors in brokerage branch evaluation is its fi nancial situation measured with income and elements which are creating this income (outcome of brokerage, capital and investment activity). Experience of Polish market shows that not always brokerage activity has biggest share in the structure of whole outcome. Contrary it could be its little part what happened during 2007 slump. This fact can be disturbing regarding that MFID directive puts on brokerage branch many fi nancial restrictions which limits income from capital and investment activity

Place of publishing:



Wydawnictwo Uniwersytetu Wrocławskiego

Date issued:


Date copyrighted:



ISSN 2084-4093   ISBN 978-83-229-3281-0


pol   eng


Acta Universitatis Wratislaviensis, ISSN 0239-6661 ; no 3398. Ekonomia, ISSN 2084-4093 ; 18, s. 247-262

Rights holder:

Copyright by Wydawnictwo Uniwersytetu Wrocławskiego Sp. z o.o.

Autor opisu:

WR U/PAdjm