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Wiener Borse News

Vienna Stock Exchange Changes Trading Rules

Date: 10.10.2008

(Vienna) The exchange operating company, Wiener Börse AG, in agreement with the Financial Market Authority has changed the Trading Rules of the stock exchange with immediate effect.

First – as soon as trading is resumed on the Vienna Stock Exchange – the Vienna Stock Exchange has been authorized to suspend trading in a security temporarily or until further notice if the price of a financial instrument changes by 10%.

Second, the Vienna Stock Exchange has been authorized with immediate effect to prohibit short selling in individual or in all traded securities temporarily or until further notice.  

The two changes to the Trading Rules enter into effect immediately.

As regards when trading will be resumed, the Vienna Stock Exchange will provide information at a later time.