(Vienna) Wiener Börse has become firmly established as an international financial marketplace: today’s admission of the British investment bank Pentagon Capital Management to trading on the cash market of Wiener Börse has raised the number of foreign members for the first time to the same level as Austrian investment firms. The share of international trading participants in total trading volume on Wiener Börse is 56.7%. A total of 78 banks and brokers have been admitted to trading on the cash and derivatives markets of Wiener Börse.
“The internationalisation of Wiener Börse is progressing in leaps and bounds. Just seven years ago, at a share of less than half a percent, there was practically no foreign trade on Wiener Börse, but today, more than half of total trading volume is accounted for by international banks,” said Michael Buhl, Joint CEO of Wiener Börse AG.
This positive trend will continue in the future as well: In the coming months, five more members will be admitted as members to Wiener Börse. By the end of 2007, Wiener Börse is looking to have twelve new members, which will mark a new record in the history of Wiener Börse.