- 2019: Vienna Exchange enables trading on four Austrian public holidays
- Alignment with international standards
The Vienna Stock Exchange will make trading systems available on selected Austrian public holidays as of 2019. Regular trading will be enabled on Ascension Day (30 May 2019), Corpus Christi (20 June 2019), Assumption Day (15 August 2019) and All Saints Day (1 November 2019). The entire infrastructure – from clearing by Central Counterparty Austria GmbH (CCP.A) to settlement by OeKB CSD GmbH – will be available on those respective days.
"By taking these measures we are aiming to harmonise our trading set-up with EU standards. We will be offering our customers more service and more availability than ever before," explains Christoph Boschan, CEO of Wiener Börse and its holding company CEESEG. "85% of our trading volume comes from abroad. Demand for Austrian stocks continues unabated even on Austrian bank holidays – so our trading members shouldn’t have to make use of other trading venues on those days.”
The Vienna Stock Exchange closed 13 times last year due to a bank holiday. By comparison, member exchanges of the Federation of European Securities Exchanges (FESE) and US exchanges closed on four to nine days. The average daily turnover on the Vienna Stock Exchange in 2018 is around EUR 280 million.
Over the following years, the Vienna Stock Exchange will be open on the following bank holidays, unless these fall on a weekend:
- Epiphany
- Ascension Day
- Corpus Christi
- Assumption of Mary
- All Saints’ Day
- Immaculate Conception
The trading calendar of the Vienna Stock Exchange is published on our website each autumn for the following year.
