The Wiener Börse AG (also known as the Vienna Stock Exchange) is a bourse situated in

Vienna en, Viennese , iso_code = AT-9 , registration_plate = W , postal_code_type = Postal code , postal_code = , timezone = CET , utc_offset = +1 , timezone_DST ...

Austria Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...

. The exchange also owns and operates the

Prague Stock Exchange Prague Stock Exchange (PSE; cs, Burza cenných papírů Praha (BCPP)) is the largest and oldest securities market organizer in the Czech Republic. After a 50-year hiatus brought about by World War II and the Communist regime, it was reopened in ...

, provides market infrastructure to other exchanges in Central,

Eastern Eastern may refer to: Transportation *China Eastern Airlines, a current Chinese airline based in Shanghai *Eastern Air, former name of Zambia Skyways *Eastern Air Lines, a defunct American airline that operated from 1926 to 1991 *Eastern Air Li ...

, and

Southeastern Europe Southeast Europe or Southeastern Europe (SEE) is a geographical subregion of Europe, consisting primarily of the Balkans. Sovereign states and territories that are included in the region are Albania, Bosnia and Herzegovina, Bulgaria, Croatia (a ...

(

Budapest Budapest (, ; ) is the capital and most populous city of Hungary. It is the ninth-largest city in the European Union by population within city limits and the second-largest city on the Danube river; the city has an estimated population ...

Zagreb Zagreb ( , , , ) is the capital and largest city of Croatia. It is in the northwest of the country, along the Sava river, at the southern slopes of the Medvednica mountain. Zagreb stands near the international border between Croatia and Slov ...

, and

Ljubljana Ljubljana (also known by other historical names) is the capital and largest city of Slovenia. It is the country's cultural, educational, economic, political and administrative center. During antiquity, a Roman city called Emona stood in the are ...

), and collects and distributes stock market data and calculates the most important indices of the region. Additionally, the group holds stakes in energy exchanges and clearing houses. Apart from traditional exchange operations (trading and listings), new lines of business have been established in the past years such as data vending, index calculation, and providing IT services to other exchanges in Central and Eastern Europe. The

Austrian Traded Index The Austrian Traded Index (ATX) is the most important stock market index of the Wiener Börse. The ATX is, like most European indices, defined as a price index and currently consists of 20 stocks. Annual Returns The following table shows the ann ...

(ATX), the leading index of Wiener Börse, tracks the price trends of the blue chips on Wiener Börse in real time. The composition of the ATX is reviewed every year in March and September. The main criteria for inclusion or deletion are the capitalized free float and stock exchange trading volumes.

History

Wiener Börse is one of the world's oldest exchanges and was founded in 1771 during the reign of Empress

Maria Theresa of Austria Maria Theresa Walburga Amalia Christina (german: Maria Theresia; 13 May 1717 – 29 November 1780) was ruler of the Habsburg dominions from 1740 until her death in 1780, and the only woman to hold the position '' suo jure'' (in her own right) ...

in order to provide a market for state issued bonds. She tried to rein in the illegal trade that took place in coffeeshops during that time. On 9 May 1879, the stock exchange crashed spectacularly ("Der Krach"), signalling the start of the

Long Depression The Long Depression was a worldwide price and economic recession, beginning in 1873 and running either through March 1879, or 1896, depending on the metrics used. It was most severe in Europe and the United States, which had been experiencing st ...

. In 1985,

Jim Rogers James Beeland Rogers Jr. (born October 19, 1942) is an American investor and financial commentator based in Singapore. Rogers is the chairman of Beeland Interests, Inc. He was the co-founder of the Quantum Fund and Soros Fund Management. He wa ...

triggered a bull market when he stated that there is a high potential in the Austrian capital market. In 2019, it was opened the Third market (MTF), an over-the-counter market put out of the supervision of the Austrian ''Börsengesetz'' and mainly destinated to the exchange of foreign private companies bonds. In 2020, the Vienna Stock Exchange decided to simplify its group structure. In order to reduce expenses and costs, Wiener Börse AG merged with the former group holding company CEESEG AG. The Prague Stock Exchange is now a 99.54% subsidiary of Wiener Börse AG. On 1 September 2020, the Wiener Börse listed its first 21 titles denominated in cryptocurrencies like Bitcoin and

Ethereum Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether (Abbreviation: ETH; sign: Ξ) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capita ...

, including the services of real-time quotation and securities settlement.

References

External links

Homepage of Vienna Stock Exchange

Vienna Stock Exchange Market Date
{{DEFAULTSORT:Wiener Borse Financial services companies established in 1771 Companies based in Vienna Financial services companies of Austria Stock exchanges in Europe 1771 establishments in Europe Theophil Hansen buildings 18th-century establishments in Austria

History

See also

References

External links