Vienna Stock Exchange News

Admission to trading of Spire Europe Limited, London (U.K.)

The Management Board of the exchange operating company, Wiener Börse AG, passed the resolution on 11 March 2014 to admit, under the regime of freedom of movement, Spire Europe Limited, London (U.K.) as a member to the Vienna Stock Exchange, effective 17 March 2014.

The member Hudson River Trading Europe Ltd., London (U.K.) is authorized to take part in trading on the cash market in securities via the electronic trading system XETRA® and takes part as an indirect clearing member in the clearing system for trades executed in cash market trading.

Membership in the Vienna Stock Exchange in its function as a securities exchange entitles the member to take part in trading on the Third Market operated as an MTF by the exchange operating company, Wiener Börse AG. Trading in financial instruments in the Third Market operated as a Multilateral Trading Facility (MTF) is not based on any formal admission procedures to exchange trading.  The requirements of the Stock Exchange Act regarding financial instruments admitted to trading on a regulated market and the obligations imposed on issuers do not apply to the financial instruments traded on the Third Market, but the bans imposed by §§48b and 38c Stock Exchange Act do.