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The Austrian Traded Index (ATX) is the primary stock market index of Austria. It tracks the performance of the most actively traded stocks on the Vienna Stock Exchange, which are mostly domestic or international companies listed in Austria.

The history of the ATX dates back to 1991 when it was first introduced by the Vienna Stock Exchange, following the opening of the exchange to international investors. At that time, the index contained only 16 stocks, but it has since expanded to include over 20 companies from various sectors of the economy.

The ATX served as Austria's benchmark stock market index for many years and was useful in gauging the overall health of the country's economy. Being a widely followed index, it attracts investor interest from around the world, providing the necessary exposure to Austrian stocks.

Moreover, the ATX is also an important indicator for financial market participants who trade in Austrian equities. Many institutional and individual investors use the index as a benchmark when evaluating the performance of their portfolios or measuring the returns of individual stocks.

Overall, the ATX serves an important role in the Austrian financial markets for tracking the performance of the country's major companies and providing a benchmark for investors. It continues to be an essential tool for evaluating the performance of the Austrian market and assessing potential investment opportunities.