XNET: Efficient Market Access Around the Globe Athens Workshop

ATHENS, Greece - The workshop organized by the Hellenic Exchanges Group, to present the services of the XNET network and its business model concluded today.

The purpose of the workshop, that took place from October 20th to the 23rd, 2009, in Athens at the Astir Palace hotel, was to present in depth to ATHEX Members the services of the XNET network providing access to international markets, as well as the business model, in cooperation with investment services firms and market participants covering the international markets supported by XNET.

In particular, the workshop provided opportunity for presentations, discussion, one-on-one meetings, seminars, demonstrations of the technology and dissemination of the practical experience gained from the use of the technology. At the workshop, organizations and companies from Serbia, Bosnia-Herzegovina, FYROM, Albania, Egypt, Jordan, Romania, Bulgaria, Cyprus and Greece are represented, as well as access networks and investment services providers from developed markets.

The Chairman of Athens Exchange, Mr. Spyros Capralos, at the opening of the workshop noted that “…Two years following the implementation of MiFID, competition in the exchange industry has significantly increased. In order to remain competitive, the HELEX Group is investing in the strengthening of its exchange network in order to provide competitive trading services in international markets with safety and speed at a low cost.”

Source: hellenic Exchanges SA

Contacts: Simos Spyrou, +30(210)-3366-934, s.spyrou at helex.gr