The Vienna Stock Exchange has added Jump Trading Europe as a new international trading member.
Jump Trading is a global research and technology-driven trading firm with branches in Amsterdam, Bristol, London and Paris.
The move takes the total number of trading members to 70, including 21 Austrian and 49 international banks and securities firms which are connected to the trading platform.
Over 85 per cent of the equity turnover on the Vienna Stock Exchange is generated by international trading members.
Almost half of the turnover originates from Germany, with France accounting for 21 per cent of trading.
“We welcome Jump Trading to the Vienna Stock Exchange and are pleased to further strengthen our global reach,” said Christoph Boschan, chief executive of the Vienna Stock Exchange. “The majority of the trading turnover is generated by international trading participants.
“Together with our local bank partners, they ensure the best trading quality for Austrian shares – to the benefit of the listed companies and all investors.”
In November last year, Barclays Bank began trading on the Vienna Stock Exchange to offer clients the opportunity to diversify their portfolios and gain access to more European markets.
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