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Environmental exchanges are required to have an operating license as a commodities exchange.
Wiener Börse AG as the body licensed to operate a commodity exchange charged EXAA with the tasks
of clearing and settlement agent for trading in energy in 2001 and clearing and settlement agent
for environmental products in 2004. Thus, all business operations (admission, trading, fees) are
subject to the current rules of Wiener Börse AG. The rules define the procedures for each
area of exchange trading in detail and form the legal framework for the diverse business activities
of EXAA.