Vienna Stock Exchange (WBAG) .VI

DEFINITION of 'Vienna Stock Exchange (WBAG) .VI'

Also known as the Wiener Borse AG, this exchange is located in Vienna, Austria. It is one of the most established stock exchanges in all of southeastern Europe. The Vienna Stock Exchange facilitates about 60% of all stocks traded in Austria.

BREAKING DOWN 'Vienna Stock Exchange (WBAG) .VI'

Founded in 1771, the Vienna Stock Exchange is one of the oldest in the world. It was originally founded to provide a market for bonds issued by the state. This market crashed in 1873 along with several other exchanges around the world during the worldwide depression.

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RELATED FAQS
  1. What does it mean when my broker says that shares are for auction?

    An auction market is one in which stock buyers enter competitive bids and stock sellers enter competitive offers at the same ... Read Answer >>
  2. Why are traders on the floor of the exchange?

    Before the advent of electronic trading platforms, the floor of the stock exchange was the location for market transactions ... Read Answer >>
  3. How does a company switch from one stock exchange to another?

    A publicly traded company can, in fact, switch to a stock exchange that it believes will be favorable to its financing efforts. ... Read Answer >>
  4. Can stocks be traded on more than one exchange, such as, for example, on both the ...

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  5. What are all of the securities markets in the U.S.A?

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