(Budapest/Vienna) Budapest Stock Exchange and Vienna Stock Exchange are delighted to announce the extension of their cooperation agreement until 2026. The agreement covers the provision of trading system services, market data distribution and the calculation of stock market indices. Both exchanges are already looking back on 15 years of successful cooperation.
"We aim to provide modern and stable infrastructure and systems to our capital market participants. The Vienna Stock Exchange has proven to be a very reliable partner for this quest. We are pleased to continue our long-standing and well-established cooperation," says István Máté-Tóth, Deputy CEO of the Budapest Stock Exchange.
"By extending the agreement, the Budapest Stock Exchange has emphasized its trust in the reliability of our services. We are honoured to further provide high-quality services and top-notch technology to our partner," says Ludwig Nießen, COO & CTO of Vienna Stock Exchange.
The Vienna Stock Exchange cooperates with over ten exchanges throughout Central and Eastern Europe. It supplies technical infrastructure and services for five markets including Austria, Croatia, the Czech Republic, Hungary and Slovenia. In addition, it operates the central market datafeed and calculates about 150 indices for the region.
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About the Vienna Stock Exchange
The Vienna Stock Exchange is the only securities exchange in Austria. It features a modern infrastructure and supplies market data and relevant information. It offers Austrian companies maximum visibility, high liquidity and utmost transparency. Investors can rely on the smooth and efficient execution of exchange trades. The Vienna Stock Exchange operates a central market datafeed for Central and Eastern Europe (CEE) and is well established as an expert for the calculation of indices with a reference to the region. Wiener Börse AG, together with its holding company, CEESEG, cooperates with over ten exchanges in CEE and is globally recognized for this unique know-how.
About the Budapest Stock Exchange
As the successor to the first Hungarian stock exchange, founded more than 150 years ago, the Budapest Stock Exchange (BSE) plays a pivotal role both in Hungary’s and the Central Eastern European region’s capital markets. BSE provides the highest level of service in compliance with the standards of developed markets, to security issuers, traders, and investors from around the world. In the last two and a half decades, the Budapest Stock Exchange evolved into the most innovative market in the region. It was the firsts to introduce, options and futures trading, exchange-traded funds, and use centralized clearing services in this region. Today, BSE offers investors the broadest range of products in the region. Alongside the popular equities and debt securities, the product range also includes investment funds, structured products, and international equities.
Exclusion of Liability
This press release may contain certain forward-looking statements and forecasts that are based on assumptions current made at the time of publication of this press release. We do not assume any liability for these forward-looking statements materializing. Furthermore, we would like to explicitly point out that this press release cannot serve as a basis for investment decisions and may not be construed as a solicitation to buy or a recommendation to invest by Wiener Börse AG. No liability is assumed for the information given in this press release.