(Vienna) The Vienna Stock Exchange welcomes ETC Group (ETC Issuance GmbH), a new structured product provider with a focus on cryptocurrencies. As of today, 18 August 2021, three new products based on the developments of Bitcoin, Ethereum and Litecoin, all with physical backing, are listing on the Vienna MTF. With the Bitcoin-ETC (BTCetc - ETC Group Physical Bitcoin), a carbon-neutral crypto product is also tradable on the Vienna Stock Exchange for the first time. The market maker Lang & Schwarz ensures liquidity in continuous trading between 9:15 am and 5:30 pm.
The product offering is primarily aimed at those who want to participate in the developments of cryptocurrencies without setting up a crypto wallet. On the exchange, interested parties benefit from monitored and transparent trading and secure settlement via their securities account. Anyone entering cryptocurrencies must be aware of the high fluctuations and the speculative element.
About the Vienna Stock Exchange
As the main provider of market infrastructure in the region, Wiener Börse AG is the gate to global markets. Operating the stock exchanges in Vienna and Prague, the group offers state-of-the-art systems, information and IT services. Listed companies receive maximum liquidity and investors benefit from fast and cost-effective trading by the market leader. Wiener Börse AG also collects and distributes stock market data and calculates the most important indices of the region. Because of this unique know-how the national stock exchanges in Budapest, Ljubljana and Zagreb trust its IT services. Additionally, the group holds stakes in energy exchanges and clearing houses.
Exclusion of Liability
This press release may contain certain forward-looking statements and forecasts that are based on assumptions current made at the time of publication of this press release. We do not assume any liability for these forward-looking statements materializing. Furthermore, we would like to explicitly point out that this press release cannot serve as a basis for investment decisions and may not be construed as a solicitation to buy or a recommendation to invest by Wiener Börse AG. No liability is assumed for the information given in this press release.
