Innovations on the Bulgarian Stock Exchange

UniCredit Bulbank AD
Fri, 04/10/2019

BSE Sofia migrated to T/7, offering the latest-generation in trading                                                                                                                                                                             

The Bulgarian Stock Exchange (BSE Sofia) announced the successful launch of Deutsche Bоerse's T7, the latest generation of trading architecture. According to BSE Sofia, T7 enables market participants of the Bulgarian capital market to be the first in Eastern Europe to benefit from state-of-the-art trading technology already utilised by several market operators in Europe.

The migration from the current Xetra system to T7 is aimed at further reducing latency in trading. In addition, BSE Sofia has also claimed that international trading participants already connected to T7 can benefit from potential synergies through lower development and maintenance costs if they wish to gain exposure to the Bulgarian capital market.