Prague Stock Exchange has gone live on Deutsche Börse's Xetra trading platform.
The exchange is the third of the four major exchanges within the Central and Eastern Europe Stock Exchange Group (CEESEG) to use the Xetra system, alongside those in Vienna and Ljubljana, while Budapest is set to follow suit next year to complete the quartet.
"We have been working with the Vienna Stock Exchange for over 12 years as a sourcing partner and we are delighted that this successful cooperation means one more CEESEG partner exchange, the Prague Stock Exchange, can operate with Xetra technology," says Frank Gerstenschläger, member of Deutsche Börse AG's Executive Board.
More from Sell Side Technology
Updating your subscription status
Entries to the Sell-Side Technology Awards 2015 now open
Entries to the 3rd annual Sell-Side Technology Awards are now open. The awards are open to all third-party vendors serving the sell side. Full entry criteria, the list of 2013 and 2014 winners, and descriptions of the 28 categories on offer for this year's program can be found on the SST Awards website.
The catalyst for change in client reporting is a more empowered, digitally aware consumer. Excellence of service delivery will be key to investment managers...
Without a consistent source of data and limited functionalities in existing systems, firms are unable to perform tasks that are becoming increasingly important...