Wiener Börse

The Wiener Börse AG (also known as the Vienna Stock Exchange) is a bourse situated in Vienna, Austria. The exchange also owns and operates the Prague Stock Exchange, provides market infrastructure to other exchanges in Central, Eastern, and Southeastern Europe (Budapest, Zagreb, and Ljubljana), and collects and distributes stock market data and calculates the most important indices of the region. Additionally, the group holds stakes in energy exchanges and clearing houses.

Wiener Börse AG
Wiener Boerse.svg
TypeStock exchange
LocationVienna, Austria
Coordinates48°12′54″N 16°22′00″E / 48.21500°N 16.36667°E / 48.21500; 16.36667Coordinates: 48°12′54″N 16°22′00″E / 48.21500°N 16.36667°E / 48.21500; 16.36667
Founded1771; 251 years ago (1771)
Key peopleChristoph Boschan, Andrea Herrmann, Petr Koblic
IndicesAustrian Traded Index (ATX)
Websitewww.wienerboerse.at
Palais Caprara-Geymüller, site of the Wiener Börse

Apart from traditional exchange operations (trading and listings), new lines of business have been established in the past years such as data vending, index calculation, and providing IT services to other exchanges in Central and Eastern Europe.

The Austrian Traded Index (ATX), the leading index of Wiener Börse, tracks the price trends of the blue chips on Wiener Börse in real time. The composition of the ATX is reviewed every year in March and September. The main criteria for inclusion or deletion are the capitalized free float and stock exchange trading volumes.

HistoryEdit

Wiener Börse is one of the world's oldest exchanges and was founded in 1771 during the reign of Empress Maria Theresa of Austria in order to provide a market for state issued bonds. She tried to rein in the illegal trade that took place in coffeeshops during that time.[1]

In 1985, Jim Rogers triggered a bull market when he stated that there is a high potential in the Austrian capital market.

In 2019, it was opened the Third market (MTF), an over-the-counter market put out of the supervision of the Austrian Börsengesetz and mainly destinated to the exchange of foreign private companies bonds.[2]

In 2020, the Vienna Stock Exchange decided to simplify its group structure. In order to reduce expenses and costs, Wiener Börse AG merged with the former group holding company CEESEG AG. The Prague Stock Exchange is now a 99.54% subsidiary of Wiener Börse AG.

On 1 September 2020, the Wiener Börse listed its first 21 titles denominated in cryptocurrencies like Bitcoin and Ethereum, including the services of real-time quotation and securities settlement.[3]

See alsoEdit

ReferencesEdit

  1. ^ "250 Jahre Wiener Börse - ein Vierteljahrtausend Kapitalismus".
  2. ^ "Fact Sheet - Third Market (MTF) of the Wiener Börse" (PDF). wienerborse.at. p. 4. Archived (PDF) from the original on 6 May 2020.
  3. ^ "21Shares brings first crypto-currency products on Bitcoin and Ethereum to the official market". 1 September 2020. Archived from the original on 3 September 2020.

External linksEdit