What is the Vienna Stock Exchange?
The Vienna Stock Exchange, also known as Wiener Borse AG, is the Austrian regional stock market. The primary activity of the stock exchange serves as a market for the sale of shares and bonds issued by publicly traded companies. In addition to shares and bonds, the Vienna Stock Exchange also serves as an exchange of commodities and is particularly active in the energy sector. After growing to the main regional market, more than half of the shares traded in Austria are usually traded on the Vienna Stock Exchange. Most business activities on the exchange of the Vienna Stock Exchange are called immediate trading. This means that the transaction is between two independent parties. The exchange reconcils or monitors trading for a fee for a transaction.
Further sales are processed by the Thhruby system maintained by stock exchange and prices and maintain traces of purchases and sales. Both over -the -counter and traditional sales on the stock exchange are electronically performed. The electronic trading system in Vienna is modeled after the German exchange system. Trading is closed at 17:35. placeTime. The exchange is open for trading on Monday to Friday and is closed on Saturdays and Sundays and on designated holidays.
many exchanges have associated storage indices; The index is a group of shares followed by a single name. The largest index on the exchange of the Vienna Stock Exchange in terms of capital value is the Austrian index traded, which is a portfolio of 20 selected shares. The exchange is also home to the WBI index, which consists of shares of all companies based in Austria there.
As the stock exchange evolved, many of them have become profitable business entities themselves and used their earnings to better stand up to act as strong capital markets for their geographical influences. The Vienna Stock Exchange followed this model by creating the CEE of the Stock Exchange Group. This group owns the Viennese Stock Exchange, the Budapest Stock Exchange and the exchange of Ljublana and Prague.
became a subsidiary of CEE ExchangeE in cooperation with other stock exchanges, these entities have become among the largest stock exchange systems in Eastern and Central Europe. The holding company oversees investments held by subsidiaries. It is the Viennese Stock Exchange as the originator of CEE, which is responsible for managing international questions between four stock exchanges.