22 January 2017
visit http://www.wolterskluwerfs.com

The Vienna Stock Exchange and Kazakhstan Stock Exchange agree joint data vending pact

30 January 2014  |  1142 views  |  0 Source: Vienna Stock Exchange

The Vienna Stock Exchange has signed an agreement with the first Asian partner - Kazakhstan Stock Exchange (KASE) for cooperation in market data vending.

In the future, data vendors, so-called financial information providers, may obtain price data from Kazakhstan in the accustomed quality via the Vienna Stock Exchange's data feed. This move expands the successful collaboration with the Kazakhstan Stock Exchange to a new business area. Since January 2013, the Vienna Stock Exchange has been calculating the KTX Local index, which consists of the eight most actively-traded companies and is disseminated daily in real time.

Azamat Joldasbekov, the President of KASE commented: "Promoting Kazakhstan's stock market is one of our strategic objectives, and expanding the data vending business is the significant step towards it. The recently signed agreement proves the close partnership between Kazakhstan Stock Exchange and Vienna Stock Exchange and reflects our intention to strengthen the business relations through the development of new joint projects."

The Vienna Stock Exchange has positioned itself as the CEE data hub for the region of Central and Eastern Europe over the past years. Apart from distributing the data of the member exchanges of the CEE Stock Exchange Group (Vienna, Budapest, Ljubljana, Prague), the Vienna Stock Exchange also disseminates price data of the exchanges in Bucharest, Banja Luka, Belgrade, Macedonia, Montenegro, and now also Kazakhstan. Additionally, the Alliance Data Highway (ADH) data feed is a global source for the trading data of the CEGH Gas Exchange of the Vienna Stock Exchange, of the power exchange EXAA (Energy Exchange Austria) and of PXE (Power Exchange Central Europe). The data vending customers of the Vienna Stock Exchange include around 230 primarily international information providers; 36% of end users come from Great Britain, 25% from the US, 8% from Germany, and 6% from Austria.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit contisgroup.comhttp://www.financialcrimerisk.fiserv.com/aml?r=finextraVisit capgemini.com

Who is commenting?

Top topics

Most viewed Most shared
Banks face big profit loss to digitisation - McKinseyBanks face big profit loss to digitisation...
16831 views comments | 95 tweets | 113 linkedin
Seven banks plan blockchain platform for SMEsSeven banks plan blockchain platform for S...
13037 views comments | 48 tweets | 44 linkedin
Accenture beats Brexit blues with largest-ever London startup programmeAccenture beats Brexit blues with largest-...
11189 views comments | 31 tweets | 20 linkedin
US fintech firms join forces to push data sharing via APIsUS fintech firms join forces to push data...
8014 views comments | 43 tweets | 42 linkedin
HSBC forms tech advisory boardHSBC forms tech advisory board
6663 views comments | 22 tweets | 23 linkedin

Featured job

to Six-Figure Base, Bonus, Benefits
London, UK

Find your next job