(Vienna) The Vienna Stock Exchange welcomes a new trading member: Susquehanna International Securities (SIG), which has its European headquarters in Dublin, will participate in the cash market trading of the Vienna Stock Exchange from tomorrow, 30 August 2018. According to the company, SIG is one of the largest proprietary trading firms in Europe. The company was founded in 1987 in Philadelphia, U.S.
"The strong interest of globally active trading members in Austrian stocks is a very positive signal for our market. Austria’s top companies operate as global leaders within their niche and are known for solid dividend yields. The vast part of our equity turnover originates from international trading participants. All market participants benefit from additional liquidity on the market," says Christoph Boschan, CEO of the Vienna Stock Exchange and its holding CEESEG AG.
A total of 79 trading members are admitted to the Vienna Stock Exchange; 29 of them are Austrian and 50 are international banks and investment firms. As of July 2018, over 85% of trading volume was generated by international trading firms. The top trading members in first half of 2018: Morgan Stanley & Co account for around 12.63%, followed by Merrill Lynch International (8.58%) and J.P. Morgan (7.58%).
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 offers Austrian companies maximum visibility, high liquidity and utmost transparency. Investors can rely on the smooth and efficient execution of exchange trades. The Vienna Stock Exchange operates a central market datafeed for Central and Eastern Europe (CEE) and is well established as an expert for the calculation of indices with a reference to the region. Wiener Börse AG, together with its holding company, CEESEG, cooperates with over ten exchanges in CEE and is globally recognized for this unique know-how.
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