Starting today the Vienna Stock Exchange has a wider range of offers for domestic investors and has added the 30 largest and most-frequently traded German stocks to its market. The new “global market” segment was launched at the beginning of June with the start of trading in 133 US stocks. The Vienna Stock Exchange has now taken the next step to enlarge its product range for domestic investors and bring the world to Austria.
As a market maker, Baader Bank ensures attractive prices in continuous trading between 09:00-17:30. Austrian investors presently invest a large share of their portfolio in foreign stocks. The Vienna Stock Exchange will offer them the home market as a one-stop-shop.
“The national stock market should offer Austrian investors a central marketplace for securities trading – be them domestic or international stocks. This is how we want to bring the world to Austria and save investors the expensive foreign fees they usually pay for international stock trading,” said Christoph Boschan, CEO of the Vienna Stock Exchange. “We are working on opening the door to the world of international stock trading for Austrian investors and hope to soon be able to offer an even larger range and new investment opportunities.”
“As a long-standing trading member in Vienna, we are very pleased about the greater cooperation with the Vienna Stock Exchange. We contribute our expertise by providing market making for foreign stocks and thus ensure high quality in trade execution,” stressed Nico Baader, CEO of Baader Bank.