CFCL Market Guide - Austria
Clearstream Fund Centre (“CFCL”) Market Guides provide key information, in particular in the area of settlement and asset servicing, on each market where CFCL offers a service. In addition, relevant website addresses are indicated, where more detailed information is provided according to specific needs.
The Austria market guide is split into 5 sections
General information
Market infrastructure
Regulation
Settlement process and services
Asset servicing
Further information can be found in the CFCL Client Handbook and in the Austria Tax guide.
Characteristics of the market
- For investment fund securities, Austria is a Domestic market with a CSD link;
- Exchange-Traded Funds (ETFs) are permitted and can be traded within the Austrian market.
- Austria has adopted the T2S platform for its settlement processes, this initiative helps align the Austria with the broader European effort to harmonise and streamline securities settlement procedures.