On August 2, 2004, CCP Austria Abwicklungsstelle für Börsengeschäfte GmbH, in short CCP Austria or CCPA, was founded by Wiener Börse AG and Oesterreichische Kontrollbank Aktiengesellschaft and started its operational activities on January 31, 2005. Both owners hold a 50% stake of the company.
By decision of the Financial Market Authority dated August 14, 2014, CCPA was granted authorization as a central counterparty in accordance with the procedure under Article 17 of Regulation (EU) No. 648/2012 of the European Parliament and of the Council of July 4, 2012 on OTC derivatives, central counterparties and trade repositories (EMIR).
Since 2005, CCPA Austria has been entrusted by Wiener Börse AG in its function as a securities exchange as clearing house pursuant to Article 9 (3) Stock Exchange Act 2018 with the safe and reliable settlement of securities exchange transactions eligible for settlement. In 2021, CCPA was also entrusted with the clearing of electricity spot market transactions by Wiener Börse AG in its function as a general commodity exchange. In addition, it has been assigned the clearing and settlement tasks pursuant to Article 68 of the CACM Regulation by EXAA, in its function as Nominated Electricity Market Operator (NEMO), in accordance with Article 81 of the CACM Regulation.
Oesterreichische Kontrollbank AG
Please find the foundation details in the announcement of Wiener Börse AG (in german only)
