The Wiener Börse has more than 13,000 active bonds from 38 countries and a total volume of €720bn. Photo: Shutterstock

The Wiener Börse has more than 13,000 active bonds from 38 countries and a total volume of €720bn. Photo: Shutterstock

Wiener Börse and Luxembourg-based NowCM have announced a partnership that focuses on listing debt securities, said a press release published on 23 May.

NowCM, a Luxembourg-based pan-European platform for primary commercial paper (CP) and bond issuance, provides digital solutions for primary debt markets.

“We are very happy to join forces with NowCM to offer a seamless and cost-efficient listing option as part of their all-in-one debt issuance solution,” said Matthias Szabo, head of debt listings at Wiener Börse. “By combining our resources and expertise, we will deliver added value to NowCM’s clients. This will help to bring new issuers to the market, enhance transparency in debt markets and strengthen the successful international positioning of Vienna as a listing venue for bonds and commercial paper.”

Standardised documentation and processes will make the listing procedure on the Vienna MTF, an exchange-regulated market operated by Wiener Börse faster, said the .

“Through our cooperation, we provide customers with enhanced straight-through processing connectivity and strengthen our position as the sole European regulated primary markets platform providing a single point of entry for data management and a comprehensive ecosystem of partners,” said Robert Koller, CEO of NowCM.

The Wiener Börse has more than 13,000 active bonds from 38 countries and a total volume of €720bn. The fintech NowCM, which stands for Now Capital Markets and is supervised by Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), employs some 40 staff members and recently set up a hub in Portugal.