The Vienna Stock Exchange uses Xetra® (Exchange Electronic Trading) since 5 November 1999. Xetra® is a fully electronic trading system for trading on the cash market (equities, bonds and structured products).
As of 31 July 2017, a part of the cash market trading (equities and ETFs) of the Vienna Stock Exchange was migrated to the modern trading architecture Xetra® T7. Since 28 January 2019, all bonds, certificates and warrants are tradable on Xetra® T7. The current version of Xetra® T7 (Release 7.0) was introduced on 3 December 2018.
In Xetra®, all entered buy and sales orders are compiled in the central trading system and, if the price (limit) and the volume fit, automatically executed.