The Vienna Stock Exchange has launched a new segment for small and medium-sized businesses in a bid to boost capital markets participation by Austrian companies.
“The initiative is very similar to other European SME markets,” says Christoph Boschan, head of the CEE Stock Exchange Group, which includes the Vienna bourse. “The idea is always to provide SMEs with easy, inexpensive and fast access to the stock exchange. We want to make that possible in Austria as well.”
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Christoph Boschan, |
The basic segment included 23 stocks when trading opened on January 21, while a premium segment for more established firms – Direct Market Plus – has four new listings as well as four existing names.
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