(Vienna) Vienna Stock Exchange has become the first National stock exchange to be admitted as a registered benchmark administrator. This is the name given to a natural or legal person who has control (decision on the creation, quality, composition,...) over an index. From 1 January 2020, financial institutions that use indices as underlying assets for derivatives and structured products will have to rely on indices of an EU benchmark administrator. The successful registration confirms the high transparency and quality of the more than 130 tradable indices of Vienna Stock Exchange. The indices of Vienna Stock Exchange already met the strictest European and global regulatory standards.
"The index business remains a strategic thrust of the Vienna Stock Exchange. The rapid listing confirms our reputation as a quality leader in index solutions for Austria, Central and Eastern Europe and Russia," says Christoph Boschan, CEO of Vienna Stock Exchange and its holding company.
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.
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.
