Börse Wien

Auszug aus den Börsenusancen

Bitte beachten Sie, dass die angeführten Börsenusancen nur einen Auszug darstellen und sich ändern können. Die vollständigen Börsenusancen liegen direkt bei der Börse auf. Jegliche Haftung unsererseits im Zusammenhang mit den angeführten Börsenusancen ist ausgeschlossen.
 

Allgemeine Informationen
Börsenname Vienna Stock Exchange AG-WBAG
Börsensitzung 8:55 Uhr bis 17:30 Uhr Ortszeit
Versammlungsart Elektronische Börse
Börsenart geregelte Finanzbörse
Kursnotiz Stück- und Prozentnotiz
Börsenwährung Euro
Limitarten Betrag
Bestens
Mögliche Limitzusätze Stop Market
Stop Limit
Mögliche Gültigkeiten bis max. 360 Tage
Valuta Schlusstag + 2 Werktage

Börsenfeiertage

An folgenden Tagen findet kein Börsenhandel statt. Bitte beachten Sie, dass sich manche Feiertage vom Datum her verschieben können.
 

Datum Feiertag
1. Jänner New Year's Day
6. Jänner Epiphany
30. März Daylight Savings Begins
18. April Good Friday
21. April Easter Monday
1. Mai Labour Day
29. Mai Ascension
9. Juni Whit Monday
19. Juni Corpus Christi Day
15. August Assumption Day
26. Oktober National Holiday
Daylight Savings Ends
1. November All Saints Day
8. Dezember Immaculate Conception Day
24. Dezember Christmas Eve
25. Dezember Christmas Day
26. Dezember St. Stephen's Day
31. Dezember New Year's Eve

Bitte beachten Sie auch die Orderrichtlinien!

MARKET:
Wiener Borse AG
(Vienna Stock Exchange AG-WBAG)
Strauchgasse 1-3
A-1014 Vienna, Austria
Telephone: 00 43 1 53165
Fax: 00 43 1 53165-140

Oesterreichische Termin-und Optionenboerse
(Austrian Futures & Options Exchange)
P.O. Box #192
Strauchgasse 1-3, A-1014 Vienna,
Austria
Telephone 00 43 1 531 65-0

HOURS:
Equities 8:30 am - 5:30 pm
Bonds 8:30 am - 4:00 pm
*Opening auction for continuous traded securities from 9:15 am
*Intraday auction for continuous traded securities from 12:00 am
*Auction for securities with one auction the from 12:30 am
*Closing auction for continuous traded securities from 5:30 pm
9:00am to 5:30pm Monday through Friday.

TRADING SYSTEM:
Since November 5, 1999 Wiener Borse's cash and bond markets are run via Xetra. Xetra stands for the exchange electronic trading and is the electronic trading system ofDeutsche Borse. The following types of securities are traded through Xetra:
-Austrian stocks
-Austrian participation certificates
-Austrian investment certificates
-International stocks -International investment fund certificates
-Profit-sharing certificates and profit-sharing rights
-Subscription rights
-Debt securities.

TYPES OF ORDERS AND ORDER SPECIFICATIONS:
Basically, orders of any size may be traded through Xetra, as the minimum trading lot is one. Orders are anonymous in Xetra. Trading participants cannot see who placed an order or a quote into the order book. Xetra offers a wide range of options for individualized order specification. The system accepts market and limit orders. Market orders are orders executed immediately at the next available price. Limit orders, by contrast, are executed when prices reach or surpass the limit set by the investor. Private investors are recommended to use limit orders because they guarantee a purchase or sale at the desired price or better. Xetra also allows the entry of two types of stop orders, which are executed as soon as a price limit (stop limit) is reached: stop market orders and stop limit orders. A stop market order is entered into the order book automatically as a market order once the specified stop limit is reached. The same applies to the stop limit order, which is placed into the order book automatically when the specified stop limit is reached. In Xetra, restrictions may be placed on the executionof orders as well. The order attribute "fill-or-kill" means that the order is either executed completely or not at all. Orders marked "immediate-or-cancel" are executed immediately to the extent possible. Any unfilled portion of this type of order is deleted. The validy of an order may also be limited to a certain trading phase (eg. opening auction or closing auction only).

SETTLEMENT & TRANSFER:
Transactions are settled through a clearing procedure called the Arrangement. The Osterreichische Kontrollbank AG, which is the depository for all securities,operates the Arrangement. Clearing and Settlement has been shortened to T+3.
The address of Osterreichische Kontrollbank is
AM HOF
A-1011 Vienna, Austria
phone# 43-1-541-27-0
fax# 43-1-541-27-237

TYPES OF SECURITIES:
The majority of shares traded on Wiener Borse are ordinary shares with voting and dividend rights. Ordinary shares may be in bearer or registered form. Other types of securities traded include: participation certificates, Austrian certificates, investment certificates, warrants, bonds, bank debentures, and federal treasury bills and debentures.

LISTING REQUIREMENTS:
In order for a security to be listed on Wiener Borse it must fulfill specific requirements. A prospectus must be submitted which must include information about the listing, the shares, the issuer, its capitalization, the business carried on by the issuer and its assets, financial and profit situation. Details about recent trading and business prospects must also be submitted. The company must have profits over the last 3 years.

REPORTING REQUIREMENTS:
A listed company must publish an annual report and an interim report. The public must be informed of any changes in the rights attached to its shares, changes in ownership of shares, and any price sensitive facts.

TAX IMPLICATIONS:
Foreigners are subject to a 25% withholding tax on interest from bank deposits and on dividends. These rates may be reduced for non-residents by double taxation treaties.

IMPLICATIONS FOR FOREIGN INVESTORS:
There are no restrictions on foreign investors wishing to trade in Austrian securities. A foreigner may open an account with an Austrian bank once his/her identity has been disclosed to the bank.

INDICES:
At Wiener Borse are calculated real-time 3 index families as it follows:
1. ATX Index Family which consists of the following indices:
-ATX (Austrian Traded Index) comprises the best Austrian blue chip stocks (in terms of market capitalisation and turnover) traded in continuous trading. The ATX serves as underlying for futures and options which are traded on the OTOB.
-ATXMC (Austrian MID-CAP Index),
-ATX50 and ATX50P
-IATX (Real estate ATX),
-WBI (Weiner Borse Index), comprises all Austrian stockslisted on the Official Market Segment of Wiener Borse.
-VIDX (Vienna Dynamic Index) consists of companies active in the following sectors: telecom, IT, biotechnology and environmental technology.

2. CECE Stock Index Family comprises trade indices (calculated real time on a USD basis) on the major blue chips in the Czech Republic (Czech Traded Index, CTX), in Hungary (Hungarian Traded Index, HTX), Poland (Polish Traded Index, PTX), Slovakia (Slovak Traded Index, STX), Russia (Russian Traded Index, RTX) and the Russian Depositary Receipts Index (RDX). With the exception of STX all these indices serve as underlyings for futures and options traded on the OTOB Market, the derivative market segment of Wiener Borse.

3. CECE Bond Index Family - calculated real time for Govt. bonds from Czech Republic, Hungary and Poland-comprises the following sub-groups of indices:
-CBX5, HBX5, PBX5 respectively CBX2, HBX2, PBX2 - are clean price indices in local currency for fixed income govt. bonds with residual maturities of2,5 to 5,2 years respectively 1,5 to 2,5 years.
-CBX5P, HBX5P, PBX5P respectively CBX2P, HBX2P, PBX2P - are total return indices in local currency for fixed income govt bonds with residual maturities of 2,5 to 5,2 years respectively 1,5 to 2,5 years
-Similar designed groups of indices as the above mentioned groups but calculated on EUR basis.
-VBX and VBXP - are clean price respectively return indices for the whole region being calculated on EUR basis.

GENERAL INFORMATION:
Weiner Borse AG is Austria's only stock exchange and general commodity exchange. The former Vienna Stock Exchange was founded in 1771 to provide a market for state-issued bonds. The first shares were issued by the Austrian National Bank, founded in 1816. From the middle of the 19th century to the beginning of World War I, Vienna was the main capital market of Middle and Eastern Europe, and from 1918 to 1938 it had gained international importance as an equity market for the nations of the Austro-Hungarian Empire. From 1938 to 1945 the Vienna Stock Exchange was under German law and administration, and since its reopening on November 15, 1948 it has served mainly as a domestic financial market. In the mid-1980s Vienna experienced a boom, reaching its peak in March 1990. In 1989 trading was partly computerized and a new Stock Exchange Act came into effect (amended in 1993 and 1999) that inceased the autonomy of the Stock Exchange. On Decemebr 18, 1997 the Vienna Stock Exchange and the Austrian Futures & Options Exchange (OTOB) merged to Wiener borse AG. Since October 5, 1999, in the course of the cooperation with Deutsche Borse AG, Wiener Borse's cash and bond markets are run via Xetra, developed by Deutsche Borse AG, replacing the EQOS trading system.