Hands with puzzlesLinks to the Austrian Financial Market

Wiener Börse AG (Vienna Stock Exchange) is Austria's only stock exchange and also the only general commodity exchange. The other exchanges that exist in Austria are the ones for agricultural products in Vienna, Graz and Linz-Wels. Exchanges are regulated in Austria by the Stock Exchange act 1989.

www.wbag.at

The Oesterreichische Kontrollbank AG (OeKB / Austrian Central Depository) is one of the central players in the financial market. As such it also acts as clearing-house and central depository for Austrian securities. It maintains the electronic trading system (Xetra) and as the Central Depository is part of the European Central Securities Depositories Association (ECSDA).

www.oekb.at

The Oesterreichische Nationalbank (OeNB / Austrian National Bank) is responsible for the execution of tasks from the European System of Central Banks (ESCB) and acts in compliance with the Austrian and European legislative.

www.oenb.at

Since April 1, 2002 all supervisory tasks were transferred from the Federal Ministry of Finance (banking, insurance and pension funds) and the former "Austrian Securities Authority" - Bundes-Wertpapier-Aufsicht (Securities Supervision) to the new supervisory body, the Austrian Financial Market Authority (FMA). The FMA assumed its powers and responsibilities under the Financial Market Supervision Act (FMABG) and is the single statutory supervisory body directly responsible for the supervision of credit institutions, insurance undertakings, pension funds, staff provision funds, investment funds, investment service providers, companies listed on the stock exchange as well as the stock exchange itself.

www.fma.gv.at

The Federal Ministry of Finance is traditionally responsible for budget and fiscal policies as well as monetary and customs matters. The Federal. Ministry of Finance also supervises Austrian financial administration and all authorities of the federal tax and customs administration must report to this ministry.

www.bmf.gv.at

CCPA - Central Counterparty Austria . Clearing -Services offered by CCP Austria. The clearing of security trades is the process of sending, netting and recording payments and securities instructions for the purpose of calculating the final positions and sending these to the clearing bank. Oesterreichische Kontrollbank (OeKB) has been instructed with the tasks of the clearing bank. The clearing bank is responsible for the settlement of instructions. The graphics Market Overview shows the interrelation between the companies.
CCP Austria is responsible for clearing and settlement of all market segments of Wiener Börse: equity market (stocks), bond market (bonds), otob market (derivatives), structured products and other listings. Market segmentation of Wiener Börse.
Cash Market: The cash market comprises the market segments equity market, bond market, structured products and other listings. The securities categories defined differentiate between domestic and foreign stocks, participation certificates, participation rights, subscription rights, bonds, certificates and warrants.
Derivatives Market: Trading on the market segment otob.market.at includes stock options, index options, index futures and stock futures.

www.ccpa.at