(Vienna/Sarajevo) Today an agreement has been reached to share data between the Vienna (VSE) and Sarajevo (SASE) stock exchanges, creating a third exchange disseminating data for the Vienna Stock Exchange.
Management board members of the two exchanges, Zlatan Dedic and Heinrich Schaller signed the agreement in Vienna today. This follows similar agreements with the Budapest and Bucharest Stock Exchanges.
Data vending activities have grown hugely within the Vienna Stock Exchange in the past few years, with 95 vendors among its customers acting as wholesalers who ensure the distribution of financial information and price data.
Worldwide, The Vienna Stock Exchange’s price data is disseminated real time and worldwide via some 29,000 terminals. 36% of the data subscribers are in Great Britain, 24% in the US and 10% in Germany. The share of Austrian data subscribers is 6%.
At the end of March, 526 companies were listed on the Sarajevo Stock Exchange and market capitalization was around EUR 6bn.