Deutsche Börse Group
Deutsche Börse Group and Wiener Börse AG have extended their existing technology partnership through the end of 2033. This was announced by the two exchange operators today. Trading in Vienna and Prague, as well as on the partner exchanges in Budapest, Ljubljana, and Zagreb, will continue to run via the German T7® trading system in the coming years. Ongoing software releases and hardware upgrades keep the exchange system operationally and technically up to date.
“We continue to rely on an internationally established system with which global market participants are thoroughly familiar. The continuation of this reliable partnership offers all trading members continuity in planning and proven access to highly efficient exchange technology,” says Christoph Boschan, CEO of Wiener Börse AG.
“We are pleased to continue providing the Vienna Stock Exchange and its partner network with one of the most powerful and secure exchange systems. In further developing the software, we adhere to the highest security and industry standards and drive forward the technical innovation that is immensely important for modern exchange trading in close cooperation with our hardware partners,” says Eric Leupold, Head of Cash Market at Deutsche Börse Group.
The Austrian stock market has been running on the Xetra® trading system and its successor, T7®, since 1999. With the establishment of its cooperation network in Central and Eastern Europe, the Vienna Stock Exchange, as a service provider, today manages the system infrastructure for five markets. In December 2010, it rolled out the trading system at the Ljubljana Stock Exchange. The Prague Stock Exchange followed in November 2012, the Budapest Stock Exchange in December 2013, and the Zagreb Stock Exchange in July 2017.
About Deutsche Börse Group
As an international exchange organization and innovative market infrastructure provider, Deutsche Börse Group ensures that capital markets are fair, transparent, reliable, and stable. With its wide range of products, services, and technologies, the Group organizes safe and efficient markets for sustainable economies.
Its business areas cover the entire financial market transaction process chain. This includes the provision of indices, data, software, SaaS, and analytical solutions, as well as admission, trading, and clearing. Additionally, it comprises services for funds, the settlement and custody of financial instruments, and the management of collateral and liquidity. As a technology company, the Group develops state-of-the-art IT solutions and offers IT systems worldwide.
With over 16,000 employees, the Group is headquartered in the financial center of Frankfurt/Rhine-Main and has a strong global presence in locations such as Luxembourg, Prague, Cork, London, Copenhagen, New York, Chicago, Hong Kong, Singapore, Beijing, Tokyo, and Sydney.
Media Contact:
Andreas von Brevern
+49 69 2114284
media-relations@deutsche-boerse.com
Carola Dürer
+49 69 21114739
media-relations@deutsche-boerse.com
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