Barclays Bank Ireland Joins Vienna Stock Exchange as New International Trading Member

Barclays Bank Ireland Joins Vienna Stock Exchange as New International Trading Member

(IN BRIEF) The Vienna Stock Exchange has announced the addition of a new international trading member, Barclays Bank Ireland PLC, effective from November 15, 2023. Barclays’ participation in the exchange is seen as a strategic move to provide comprehensive and integrated solutions to its clients in global markets. Raoul Salomon, Co-Head of Markets at Barclays Europe, highlighted the importance of Europe in their strategy and how joining the Vienna Stock Exchange would offer clients direct access to a crucial European market, contributing to portfolio diversification. International trading members already play a significant role in the Vienna Stock Exchange, accounting for over 85% of equity turnover, with notable contributions from countries like Germany, France, and Ireland. Currently, the exchange boasts 66 members, including 21 Austrian and 45 international banks and securities firms. Barclays Corporate and Investment Bank offers a range of financial services and advice to money managers, financial institutions, governments, supranational organizations, and corporate clients, covering funding, financing, strategic, and risk management needs.

(PRESS RELEASE) VIENNA, 16-Nov-2023 — /EuropaWire/ — The Vienna Stock Exchange welcomes a new international trading member. Barclays Bank Ireland PLC will participate in trading.

“Barclays serves clients with comprehensive and integrated solutions across global markets, and we are pleased to join the Vienna Stock Exchange. Europe is central to our strategy and joining this exchange will offer our clients direct access to an important European market and help diversify portfolios”, says Raoul Salomon, Co-Head of Markets, Barclays Europe.

International trading members generate over 85% of equity turnover in Vienna. A large part of the turnover originates from Germany (47.6%), France (20.7%) and Ireland (11.3%). A total of 66 members, including 21 Austrian and 45 international banks and securities firms, are currently admitted to trading on the Vienna Stock Exchange.

Barclays Corporate and Investment Bank is comprised of Investment Banking, International Corporate Banking, Global Markets and Research businesses. It provides money managers, financial institutions, governments, supranational organisations and corporate clients with services and advice for their funding, financing, strategic and risk management needs.

About Wiener Börse AG

As the main provider of market infrastructure in the region, Wiener Börse AG is the gate to global markets. Operating the stock exchanges in Vienna and Prague, the group offers state-of-the-art systems, information and IT services. Listed companies receive maximum liquidity and investors benefit from fast and cost-effective trading by the market leader. Wiener Börse AG also collects and distributes stock market data and calculates the most important indices of the region. Because of this unique know-how the national stock exchanges in Budapest, Ljubljana and Zagreb trust its IT services. Additionally, the group holds stakes in energy exchanges and clearing houses.

Disclaimer

This press release may contain certain forward-looking statements and projections based on assumptions current at the date of this press release. We assume no liability whatsoever that these forward-looking statements will occur. Furthermore, we expressly point out that this press release does not serve as a basis for an investment decision and constitutes neither an invitation to buy nor an investment recommendation by Wiener Börse AG. The information in this press release is provided without guarantee.

Media Contact:

Anita Schatz
Corporate Communications
anita.schatz(a)wienerboerse.at
+43 1 531 65-212

Alexander Wastl
Corporate Communications
alexander.wastl(a)wienerboerse.at
+43 1 531 65-153

SOURCE: Wiener Börse AG

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