mid market
The mid market represents the market segment of Wiener Börse AG that as of 18 June 2007 offers
companies with low capital requirements the option of raising capital through the capital market.
The mid market contains stocks (also ADCs – Austrian Depositary Certificates) that are admitted to
listing on the Official Market or Second Regulated Market or admitted to trading in the Third
Market and of those companies agree to fulfill more stringent reporting, quality and disclosure
requirements. An essential feature is the function of Capital Market Coach, who supports the
company.
The admission criteria and ongoing obligations are specified in the Mid Market Rules (PDF-File 57 KB).
The trading platform for the mid market is the Xetra ® trading system with the trading procedure "Continuous Trading" or "Auction" (single intraday auction) and is therefore divided into the mid market continuous and the mid market auction.
The admission criteria and ongoing obligations are specified in the Mid Market Rules (PDF-File 57 KB).
The trading platform for the mid market is the Xetra ® trading system with the trading procedure "Continuous Trading" or "Auction" (single intraday auction) and is therefore divided into the mid market continuous and the mid market auction.
mid market continuous
For stocks in the mid market continuous the trading platform is the Xetra ® trading system with the trading procedure "Continuous Trading" in conjunction with several auctions (opening auction, intraday auction, closing auction).
At least one trading participant is required who assumes the function of a market maker and agrees to enter firm quotes on a permanent basis. In the interest of raising liquidity, it is desirable to have further commitments of market makers.
mid market auction
For stocks in the mid market auction the trading platform is the Xetra® trading system with the
trading procedure "Auction" (single intraday auction), within which a trading participant is
required, who assumes the obligation to enter binding buy and sell prices (quotes) during the
trading phase and to concluded trades in such orders for market making purposes (Auction with
Liquidity Providers).