VIENNA STOCK EXCHANGE TO USE EUREX SYSTEM FOR DERIVATIVES

Posted July 7, 2009

FRANKFURT -- Wiener Börse [the Vienna Stock Exchange] has announced plans to operate its derivatives market on the Eurex system starting in March 2010, replacing its current OMex system. The Austrian market will remain autonomous with its own market surveillance and supervision.

“The participants of the Vienna derivatives market will thus be able to benefit directly from the strengths of the Eurex system, such as scalability, speed and stability,” says Peter Reitz, member of the Eurex Executive Board.

Wiener Börse has been cooperating with Deutsche Börse on the cash market since 1999, when it began to use the Xetra electronic trading system for its equities market. In June 2007, the two parties extended their cooperation by another five years, to 2012. The shift to Eurex in the derivatives market and the associated expansion of the partnership serve to underscore the success of the cooperation.

“The expansion of our cooperation on the derivatives market underlines our many years of successfully working together with Deutsche Börse,” say Michael Buhl and Heinrich Schaller, members of the Wiener Börse Management Board, in a statement. “Eurex is an extremely stable and reliable system which offers all the state-of-the-art features of a modern trading system.”