Foundation details were announced by Wiener Börse AG (in german only)
Shareholders
The shareholders of CCP Austria are Wiener Börse AG and Oesterreichische Kontrollbank AG. Each holds a stake of 50% in CCP Austria.
The new company was founded by the executive directors of Wiener Börse AG and Oesterreichische Kontrollbank AG on August 2, 2004 as CCP Austria Abwicklungsstelle für Börsengeschäfte GmbH, in brief CCP Austria or CCP.A. The company acts as a central counterparty for all trades executed on Wiener Börse AG (cash and derivatives market). The company launched operations on January 31, 2005.
Wiener Börse AG has charged CCP Austria to act as clearing agency pursuant to Article 26 (3) Austrian Stock Exchange Act and to ensure the secure and reliable clearing and settlement of eligible exchange transactions.
