Barclays Europe joins Vienna Stock Exchange as new member

Barclays Bank, operating under Barclays Europe with Raoul Salomon as co-head of markets, announced today its new membership with the Vienna Stock Exchange. This strategic move brings the total number of members to 66, including 21 Austrian and 45 international banks and securities firms. The inclusion of Barclays aims to provide their diverse client base with direct access to a key European market, enhancing their investment banking, global markets, and research businesses.

The Vienna Stock Exchange is heavily influenced by its international trading members, who are responsible for over 85% of the equity turnover. The majority of this turnover comes from Germany (47.6%), France (20.7%), and Ireland (11.3%). Barclays’ addition to the exchange is expected to further strengthen these connections and provide comprehensive solutions for clients looking to diversify their portfolios and gain direct access to European markets.

The division of Barclays that will be active on the Vienna Stock Exchange encompasses Investment Banking, International Corporate Banking, Global Markets, and Research businesses. Salomon emphasized Europe’s strategic importance to Barclays and expressed that this initiative would enable them to better serve their clients within this crucial market.

In addition to strengthening their investment banking, global markets, and research businesses, this strategic move also provides Barclays’ diverse client base with easier access to a key European market. This will enable more informed investment decisions and capitalization on emerging opportunities. As part of their strategy to expand their European presence, Barclays aims not only to enhance these connections but also to provide comprehensive solutions for clients seeking portfolio diversification.

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