The management board of the exchange operating company, Wiener Börse AG, passed the resolution on 7 March 2013 to extend the membership admission of Instinet Europe Limited, London (U.K.) to the Vienna Stock Exchange in its function as a securities exchange effective 11 March 2013 also to its branch in Paris.
Therefore, the member Instinet Europe Limited, London (U.K.) and the branch Instinet Europe Limited Succursale de Paris, Paris (France) are authorized, effective 11 March 2013, under the regime of free movement of serivces to take part in securities trading in the cash market via the electronic trading system, Xetra® as well as in the clearing and settlement system as a direct member (direct clearing member via a clearing agent) for trades concluded in securities trading.
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.