Wiener Börse Feels the Need for Speed with T7 Upgrade
The exchange has replaced its Xetra Classic infrastructure with Deutsche Börse’s T7 trading technology
Two years after its initial announcement, Wiener Börse has completed the replacement of its legacy infrastructure. The new system, created by its long-time partner, Deutsche Börse, currently serves most asset classes being traded by the venue, which is also known as the Vienna Stock Exchange.
The shift was one of the biggest technical developments the Austrian exchange—one of the oldest in the world, having been established in 1771—has undergone in quite some time. CTO Ludwig Nießen explains
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