Banca Transilvania Asset Management (BTAM) has obtained a license from Wiener Börse to use the Austrian Traded Index (ATX), Mondovisione reports. The firm will use the ATX as underlying for a fund containing Austrian shares.
The BT Index Austria ATX fund is the company’s first open-end fund denominated in Euro. The ATX is a capitalization-weighted price index, comprising 20 Austrian blue chip stocks traded at the Vienna Stock Exchange
