10.09.2018, 2120 Zeichen

Austrian Post: Austrian Post has an new partner for offering financial services in its branch network. The company will start cooperation with FinTech Group AG of Germany. The objective is to offer banking products tailored to the needs of private customers. For this purpose, Austrian Post and FinTech Group AG will establish a 50/50 joint venture. FinTech Group Bank AG will contribute its Austrian branch which has been operating successfully for more than eight years including its approx. 30,000 customers to the joint venture, subject to the approval of the relevant supervisory authorities. After being granted a banking license, the joint venture company will offer banking services in Austria and will be provided with equity capital of more than EUR 200 mn. The joint venture company will source IT services from FinTech Group AG and leverage distribution services and infrastructure provided by Austrian Post. To underline the sustainable orientation of this partnership Austrian Post will acquire a 7% stake in FinTech Group AG and get a seat on the FinTech Group Supervisory Board.

Vienna Stock Exchange: The Vienna Stock Exchange will make trading systems available on selected Austrian public holidays as of 2019. Regular trading will be enabled on Ascension Day (30 May 2019), Corpus Christi (20 June 2019), Assumption Day (15 August 2019) and All Saints Day (1 November 2019). The entire infrastructure – from clearing by Central Counterparty Austria GmbH (CCP.A) to settlement by OeKB CSD GmbH – will be available on those respective days. "By taking these measures we are aiming to harmonise our trading set-up with EU standards," explains Christoph Boschan, CEO of Wiener Börse and its holding company CEESEG. "85% of our trading volume comes from abroad. Demand for Austrian stocks continues unabated even on Austrian bank holidays – so our trading members shouldn’t have to make use of other trading venues on those days". The average daily turnover on the Vienna Stock Exchange in 2018 is around EUR 280 million.

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (10/09/2018)

Christian Drastil: Wiener Börse Plausch

Wiener Börse Party #1191: ATX schliesst bei sehr niedrigem Volumen knapp unter High, der DAX ist auf High, AT&S wieder über 200

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Aktien auf dem Radar:Polytec Group, AT&S, Kapsch TrafficCom, Austriacard Holdings AG, Semperit, Amag, Rosgix, Agrana, Mayr-Melnhof, Uniqa, Frequentis, EVN, Lenzing, Gurktaler AG Stamm, Gurktaler AG VZ, Marinomed Biotech, Palfinger, Porr, SBO, Strabag, voestalpine, FACC, BKS Bank Stamm, CPI Europe AG, Österreichische Post, Telekom Austria, UBM, Deutsche Boerse, MTU Aero Engines, Zalando, Airbus Group.

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