(Vienna) As trading system service provider for five stock exchanges in the region, the Vienna Stock Exchange has been hosting its yearly partner exchange conference “PeXcon” in Vienna. 22 stock exchange experts from five countries met in Vienna on 26 and 27 September 2016 for a two day know-how exchange. The program features update sessions on all technical and regulatory innovations coming up in 2017. Representatives from the partner exchanges use the interactive format to also present novelties on their respective markets.
Ludwig Nießen, COO & CTO of Wiener Börse AG, says: “High customer orientation and an intensive know how exchange are our focus for the partner exchange conference. We have been running an internationally used trading system since November 1999, with almost 3.200 stock market traders from across Europe being connected to the trading system services we offer. Over the past six years we tailored additional flexible and cost-effective services to fit the requirements of the stock exchanges in our region.”
Ivana Gazic, CEO of Zagreb Stock Exchange comments: “Ljubljana Stock Exchange has been using the trading system services offered by the Vienna Stock Exchange since 2010. At Zagreb Stock Exchange, we are looking forward to our go-live mid-next year. An international trading system and the respective services for trading members are a strong asset for the presentation of our exchanges to international investors. Our investor base has become increasingly diverse over the past years and we continue to strive to attract international players to our region.”
In its role as IT service provider the Vienna Stock Exchange operates trading systems as well as several downstream systems and services for five stock exchanges: Budapest Stock Exchange, Ljubljana Stock Exchange, Prague Stock Exchange, Vienna Stock Exchange and in the near future also Zagreb Stock Exchange. The cutting edge technology combines a state-of-the-art multi exchange trading system with low latency, high throughput and great flexibility for market participants. The trading system services fulfil all current regulatory requirements of all partner exchanges currently using the joint trading system infrastructure. Moreover, the trading system technology and all further downstream systems building the trading system services will be fully MIFID II compatible.
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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 guarantees the smooth and efficient execution of stock exchange trades and serves as an intermediary for all market participants. Wiener Börse AG also operates the Austrian power exchange EXAA and the CEGH Gas Exchange under the license of the Vienna Stock Exchange. Wiener Börse AG, together with its holding company, CEESEG, cooperates with 12 exchanges in Central and Eastern Europe and is globally recognized for its unique know-how.