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In the future, Wiener Börse will work together with the Ukrainian exchange PFTS Stock Trading System. The CEOs of the two exchanges, Irina Zarya and Heinrich Schaller, confirmed this today in Kiev with the signing of a cooperation agreement (MoU). Wiener Börse and PFTS plan to work together in the area of indices and also intend to cooperate with respect to data vending. “The Ukrainian financial marketplace is gaining significance for Austria's economy. We are very pleased that Wiener Börse and PFTS are now collaborating more closely,” said Heinrich Schaller, Joint CEO of Wiener Börse AG.
“I am convinced that collaboration between our exchanges will create synergies. Our cooperation will support the development of the two exchanges and further strengthen ties between the Ukraine with Austria,“ said Irina Zarya, CEO of PFTS.
Today’s signing of the MoU is the second cooperation venture of Wiener Börse with the Ukraine. In March 2007, Wiener Börse jointly with OEKB and the Austrian clearing agent CCP.A, signed an agreement with the Ukrainian State Agency for Investment and Innovation and the Ukrainian counterpart of OEKB, the National Depositary of Ukraine.
PFTS was founded in 1996, and has since developed into the leading marketplace in the Ukrainian securities market boasting a market capitalization of EUR 55bn. It is the largest of six Ukrainian exchanges and has been the largest independent market since its privatization in October 1997.
