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Vienna exchange seeks HFTs

The chief executive of Wiener Börse hopes high-speed firms like Virtu Financial, one of the biggest HFTs in the US, can boost liquidity on the Austrian exchange

The chief executive of Austria's stock exchange has said the bourse is on the hunt for more high-speed liquidity providers after signing-up US trading powerhouse Virtu Financial in September

His comments, which come amid an industry-wide debate on the risks and benefits of high-frequency trading, highlight a growing dilemma for exchanges as their traditional bank constituents fall prey to slumping equities markets.

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