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Eastern Europe Exchanges to Standardize Platforms

The venues are currently working to define common technology goals and strategies to be implemented on the project, which is expected to last from two to three years, according to Ferenc Pittner, deputy CEO of the Budapest Stock Exchange. The technology standardization aims to reduce costs and generate higher revenue.

By using a common platform, the group expects to attract more liquidity since it would facilitate access for foreign investors, according to Pittner. "If you have one access point

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