Ljubljana Stock Exchange transfers to Deutsche Börse Xetra platform

Source: Deutsche Börse

Electronic securities trading at the Ljubljana Stock Exchange was transferred to Deutsche Börse's pan-European Xetra trading system on Monday.

The Slovenian exchange is being linked to the Xetra network through the Vienna Stock Exchange, which has operated its own cash market with Xetra since 1999.

The technical requirements are now in place to provide users of the fully electronic Xetra trading system with direct access to the Slovenian financial market. Deutsche Börse and the Vienna Stock Exchange are supporting the development of the Slovenian capital market by offering international investors this access. In addition, around 30 new market participants from Slovenia now have the opportunity to access the approximately 500,000 instruments traded on Xetra.

Frank Gerstenschläger, a member of Deutsche Börse AG's Executive Board, said: "We have been working with the Vienna Stock Exchange for over ten years as a sourcing partner. We are delighted that this successful cooperation means one more CEESEG partner exchange, the Ljubljana Stock Exchange, can operate with Xetra technology."

Cash market trading on the Vienna Stock Exchange has been based on Xetra technology since November 1999. Since December 2009, the Central European Gas Hub (CEGH) has operated with Xetra under license from the Vienna Stock Exchange. Alongside Ljubljana, the CEESEG partner exchanges in Prague and Budapest are to use the Xetra trading system in the future. The Vienna Stock Exchange is taking a central international role in the CEE Stock Exchange Group (CEESEG), coordinating international projects and driving their future development.

Xetra has also been used by the Irish Stock Exchange since 2000 and the Bulgarian Stock Exchange since 2008. The Eurex subsidiary Eurex Bonds and the European Energy Exchange also use the Xetra trading system. The Shanghai Stock Exchange uses Xetra as the basis for its New Generation Trading System introduced at the start of 2010.

Deutsche Börse is also the sourcing partner for the derivatives market of the Vienna Stock Exchange: The Vienna derivatives market has operated using Deutsche Börse's Eurex system since April 2010.

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