{
 "as_of": "2026-11-06",
 "cmr": "pl-cm-kg/XWAR/PLXTRDM00011",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# XTB (GPW Main Market: PLXTRDM00011) — research page\n\nAs of 2026-11-06 · pl-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is XTB, listed on GPW Main Market under ticker PLXTRDM00011, ISIN PLXTRDM00011 and LEI 259400AVUPSABLEXNT19. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 33 filings in the window 2025-11-06 to 2026-11-06, across 24 filing days. By type, the record holds 1 EBI Current, 29 ESPI Current, 2 ESPI Quarterly and 1 ESPI half years filing. The median gap between filing days is 7 days. The latest filing is an ESPI Current dated 2026-10-28, 9 days before the record date of 2026-11-06. GPW Main Market, across 436 issuers, has a median cadence gap of 8.0 days, a median of 31.0 filings and a median latency of 10 days. The sector median for this market is not on the record.\n\n## Auditor\n\nThe auditor of record is not on the record, and neither is its location. The market's record does not carry auditor changes.\n\n## Events and halts\n\nThe listing, delisting, name change, domicile change and segment move lines are not on the record, because no lifecycle type map exists for this register yet. The issuer is listed, not halted.\n\n## Orderability\n\nThe outcome cannot be determined. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/pl/mifid-ii-product-governance/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 9 research houses: Biuro Maklerskie Citi Handlowy, Trigon Dom Maklerski S.A., Biuro Maklerskie Banku Pekao S.A., Biuro Maklerskie mBanku, Kepler Cheuvreux, Noble Securities Dom Maklerski, WOOD & Company, IPOPEMA Securities S.A. and Dom Maklerski BDM S.A.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe vintage is not sealed. No issuer years are sealed, the market has no earliest sealed date, and the live record began on no date given.\n\n## Sources\n\n7 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://firds.esma.europa.eu/firds/ (identity.exchange)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.pl-cm-kg.ai/events/XWAR/PLXTRDM00011 (the disclosure lines)\n- https://www.gpw.pl/zawieszenia-i-wykluczenia (the halt flag)\n- https://pl.eu-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://ir.xtb.com/en/investor-center/analytical-reports/ (coverage)\n- https://mcp.pl-cm-kg.ai/record/XWAR/PLXTRDM00011 (the record)\n",
 "market": "PL",
 "node": "pl-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the PL vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "PL",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "PL",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "PL",
    "state": "not_on_record"
   },
   "changes": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "pl-cm-kg/XWAR/PLXTRDM00011",
  "coverage": {
   "count": 9,
   "houses": [
    {
     "house": "Biuro Maklerskie Citi Handlowy",
     "read_by": "issuer IR page, fetched by this rail; house names read through Mistral (mistral-small-latest), each then found on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.xtb.com/en/investor-center/analytical-reports/",
     "state": "sourced"
    },
    {
     "house": "Trigon Dom Maklerski S.A.",
     "read_by": "issuer IR page, fetched by this rail; house names read through Mistral (mistral-small-latest), each then found on the page",
     "read_date": "2026-11-12",
     "since": "2021-07-19",
     "source": "https://ir.xtb.com/en/investor-center/analytical-reports/",
     "state": "sourced"
    },
    {
     "house": "Biuro Maklerskie Banku Pekao S.A.",
     "read_by": "issuer IR page, fetched by this rail; house names read through Mistral (mistral-small-latest), each then found on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.xtb.com/en/investor-center/analytical-reports/",
     "state": "sourced"
    },
    {
     "house": "Biuro Maklerskie mBanku",
     "read_by": "issuer IR page, fetched by this rail; house names read through Mistral (mistral-small-latest), each then found on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.xtb.com/en/investor-center/analytical-reports/",
     "state": "sourced"
    },
    {
     "house": "Kepler Cheuvreux",
     "read_by": "issuer IR page, fetched by this rail; house names read through Mistral (mistral-small-latest), each then found on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.xtb.com/en/investor-center/analytical-reports/",
     "state": "sourced"
    },
    {
     "house": "Noble Securities Dom Maklerski",
     "read_by": "issuer IR page, fetched by this rail; house names read through Mistral (mistral-small-latest), each then found on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.xtb.com/en/investor-center/analytical-reports/",
     "state": "sourced"
    },
    {
     "house": "WOOD & Company",
     "read_by": "issuer IR page, fetched by this rail; house names read through Mistral (mistral-small-latest), each then found on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.xtb.com/en/investor-center/analytical-reports/",
     "state": "sourced"
    },
    {
     "house": "IPOPEMA Securities S.A.",
     "read_by": "issuer IR page, fetched by this rail; house names read through Mistral (mistral-small-latest), each then found on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.xtb.com/en/investor-center/analytical-reports/",
     "state": "sourced"
    },
    {
     "house": "Dom Maklerski BDM S.A.",
     "read_by": "issuer IR page, fetched by this rail; house names read through Mistral (mistral-small-latest), each then found on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.xtb.com/en/investor-center/analytical-reports/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://ir.xtb.com/en/investor-center/analytical-reports/",
     "result": "read: 9 of 11 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "stated per house where the page states it",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 436,
     "median_cadence_gap_days": 8,
     "median_filings": 31,
     "median_latency_days": 10,
     "name": "GPW Main Market"
    },
    "sector": {
     "market": "PL",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "EBI Current": 1,
    "ESPI Current": 29,
    "ESPI Quarterly": 2,
    "ESPI half years": 1
   },
   "cadence_median_gap_days": 7,
   "filing_days": 24,
   "filings": 33,
   "latency_days": 9,
   "latest": [
    {
     "category": "ESPI Current",
     "date": "2026-10-28",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=499573&title=Wst%C4%99pne+wyniki+finansowe+i+operacyjne+za+III+kwarta%C5%82+2026+roku",
     "title": "Wstępne wyniki finansowe i operacyjne za III kwartał 2026 roku",
     "type": "ESPI Current"
    },
    {
     "category": "ESPI Current",
     "date": "2026-09-07",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=496583&title=Zawiadomienie+o+zmianie+udzia%C5%82u+w+g%C5%82osach+XTB+S.A.",
     "title": "Zawiadomienie o zmianie udziału w głosach XTB S.A.",
     "type": "ESPI Current"
    },
    {
     "category": "ESPI Current",
     "date": "2026-09-07",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=496581&title=Powiadomienie+o+transakcjach+na+akcjach+XTB+S.A.",
     "title": "Powiadomienie o transakcjach na akcjach XTB S.A.",
     "type": "ESPI Current"
    },
    {
     "category": "ESPI Current",
     "date": "2026-09-02",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=496366&title=Zawiadomienie+od+XX+ZW+Investment+Group+S.A.+o+zako%C5%84czeniu+procesu+sprzeda%C5%BCy%0Aakcji+Sp%C3%B3%C5%82ki+w+ramach+przyspieszonej+budowy+ksi%C4%99gi+popytu+i+wynikach+tego+procesu.",
     "title": "Zawiadomienie od XX ZW Investment Group S.A. o zakończeniu procesu sprzedaży akcji Spółki w ramach przyspieszonej budowy księgi popytu i wynikach tego procesu.",
     "type": "ESPI Current"
    },
    {
     "category": "ESPI Current",
     "date": "2026-09-02",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=496346&title=Zawiadomienie+od+XX+ZW+Investment+Group+S.A.+o+rozpocz%C4%99ciu+procesu+sprzeda%C5%BCy%0Acz%C4%99%C5%9Bci+posiadanych+przez+ni%C4%85+akcji+Sp%C3%B3%C5%82ki+w+ramach+przyspieszonej+budowy+ksi%C4%99gi+popytu.",
     "title": "Zawiadomienie od XX ZW Investment Group S.A. o rozpoczęciu procesu sprzedaży części posiadanych przez nią akcji Spółki w ramach przyspieszonej budowy księgi popytu.",
     "type": "ESPI Current"
    }
   ],
   "latest_filing_date": "2026-10-28",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.pl-cm-kg.ai/events/XWAR/PLXTRDM00011",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "GPW Main Market"
   },
   "isin": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "PLXTRDM00011"
   },
   "jurisdiction": {
    "market": "PL",
    "state": "not_on_record"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN PLXTRDM00011)",
    "state": "sourced",
    "value": "259400AVUPSABLEXNT19"
   },
   "name": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "XTB"
   },
   "sector": {
    "market": "PL",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "PL",
    "state": "not_on_record"
   },
   "segment": {
    "market": "PL",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "PLXTRDM00011"
   },
   "website": {
    "market": "PL",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "PL",
  "node": "pl-cm-kg",
  "numbers_hash": "sha256:c0e460302674ea0d0c4faa213fc4cbd2297ee2ac12960d28c1e0437a99576566",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://pl.eu-cm-kg.ai/book/aio.json",
    "door": "https://pl.eu-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/pl/mifid-ii-product-governance/r1",
   "section": "pl.aio.v5"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.pl-cm-kg.ai/record/XWAR/PLXTRDM00011",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.gpw.pl/zawieszenia-i-wykluczenia",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:c0e460302674ea0d0c4faa213fc4cbd2297ee2ac12960d28c1e0437a99576566",
 "path": "/pl/XWAR/PLXTRDM00011",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is XTB, listed on GPW Main Market under ticker PLXTRDM00011, ISIN PLXTRDM00011 and LEI 259400AVUPSABLEXNT19. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 33 filings in the window 2025-11-06 to 2026-11-06, across 24 filing days. By type, the record holds 1 EBI Current, 29 ESPI Current, 2 ESPI Quarterly and 1 ESPI half years filing. The median gap between filing days is 7 days. The latest filing is an ESPI Current dated 2026-10-28, 9 days before the record date of 2026-11-06. GPW Main Market, across 436 issuers, has a median cadence gap of 8.0 days, a median of 31.0 filings and a median latency of 10 days. The sector median for this market is not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and neither is its location. The market's record does not carry auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The listing, delisting, name change, domicile change and segment move lines are not on the record, because no lifecycle type map exists for this register yet. The issuer is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome cannot be determined. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/pl/mifid-ii-product-governance/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 9 research houses: Biuro Maklerskie Citi Handlowy, Trigon Dom Maklerski S.A., Biuro Maklerskie Banku Pekao S.A., Biuro Maklerskie mBanku, Kepler Cheuvreux, Noble Securities Dom Maklerski, WOOD & Company, IPOPEMA Securities S.A. and Dom Maklerski BDM S.A.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The vintage is not sealed. No issuer years are sealed, the market has no earliest sealed date, and the live record began on no date given.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "7 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://firds.esma.europa.eu/firds/"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.pl-cm-kg.ai/events/XWAR/PLXTRDM00011"
  },
  {
   "for": "the halt flag",
   "source": "https://www.gpw.pl/zawieszenia-i-wykluczenia"
  },
  {
   "for": "the orderability chapter",
   "source": "https://pl.eu-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://ir.xtb.com/en/investor-center/analytical-reports/"
  },
  {
   "for": "the record",
   "source": "https://mcp.pl-cm-kg.ai/record/XWAR/PLXTRDM00011"
  }
 ],
 "title": "XTB (PLXTRDM00011) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}