(Vienna) With XETRA®, the Vienna Stock Exchange has been operating an absolutely state-of-the-art trading system for its participants for years. XETRA® is constantly being developed and improved by the stock exchanges. As of today, the latest version of the system, XETRA® 13.0, went live. Along with exchanges in Vienna and Ljubljana, the new system was implemented in a concerted action throughout Europe involving all exchanges using XETRA®.
The functional enhancements include improved market transparency in the trading of structured products as well as the extension of maximum order validity to 360 days.
The XETRA® trading system is well established worldwide and enjoys an excellent reputation with respect to system reliability, speed and security. In the past five years, XETRA® has been available to participants in Vienna nearly 100% of the entire trading hours. Moreover, the trading system guarantees extremely high price stability based on the safeguards implemented in the system.
About the Vienna Stock Exchange
The Vienna Stock Exchange is a 100% subsidiary of the CEE Stock Exchange Group (CEESEG) which comprises the stock exchanges of Budapest, Ljubljana and Prague. The CEE Stock Exchange Group (CEESEG) is the largest stock exchange group in the region. CEESEG makes access and trading on the local markets easier to improve liquidity. The CEESEG stock exchanges cooperate with 12 other exchanges in Central and Eastern Europe and enjoy international recognition for their unique CEE know-how.