Monday December 9 2013
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
The Budapest Stock Exchange has migrated its electronic securities trading to Deutsche Börse`s Xetra trading system as of Friday 6th December 2013. The Hungarian exchange is being linked to the Xetra network through the Vienna Stock Exchange, which has operated its own cash market with Xetra since 1999. All four stock exchanges in the CEE Stock Exchange Group (Vienna, Prague, Ljubljana and Budapest) are now operating with Xetra.
Trading participants can now use the Xetra infrastructure to gain easy access to the Hungarian financial market. Moreover, the market participants in Budapest now have access to a large pan-European trader network.
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