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Eurex and Wiener Börse to cooperate in derivatives market

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Eurex and Wiener Börse plan to enter into a cooperation which entails Wiener Börse operating its derivatives market on the Eurex system from March 2010, thereby replacing the

Eurex and Wiener Börse plan to enter into a cooperation which entails Wiener Börse operating its derivatives market on the Eurex system from March 2010, thereby replacing the current Omex system.

The Austrian market will remain autonomous with its own market surveillance and supervision.

Peter Reitz (pictured), member of the Eurex executive board, says: ‘We are delighted that Wiener Börse has decided to use our efficient derivatives system. 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.’

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, taking it to 2012.

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