Once focused on creating a large stock exchange group for central and eastern Europe (CEE), Vienna Stock Exchange has changed its strategy. Its new vision centres on data and IT, and becoming the leading service provider for the CEE region’s exchanges, but challenges remain.
The once four-member-strong CEE Stock Exchange Group (CEESEG), owned by Vienna Stock Exchange, included the exchanges of Budapest, Ljubljana, Prague and Vienna, but now only the latter two remain and the group has reconsidered its objectives. While in 2015 it reported another positive year – with trading volumes across exchanges up about 25% on the previous year, supported by a strong performance in Budapest, Vienna and Prague – the group decided to sell its stakes in the exchanges in Slovenia and Hungary.
