Andrea Monzani’s Post

On 11 September, our Financial Services Partner, Pinky Siu, participated in a panel discussion at the 5th Annual ETFGI Global ETFs Insights Summit Asia Pacific organised by ETFGI. The panel addressed the regulatory landscape and its implications for ETFs and investors in the Hong Kong and Australian markets. Pinky engaged in discussions with other panellists on topics including active ETFs, unlisted class distribution, and cross-listing. Learn more about our Financial Services practice here: https://lnkd.in/gqKmBm7v #Deacons #DeaconsFinancialServices #InvestmentFunds #ETFs #Innovation #Authorisedfunds #Assetmanagement #InvestmentManagement #ETFGI #ETFGIGlobalETFsInsightsSummits

We are looking forward to the Singapore FIX Multi-Asset Trading Conference tomorrow, where two of our speakers will be sharing their insights across these key sessions: ● Fireside Chat on ETF Growth, Trends, and Strategic Insights. Our Wei Chin Kang, Director, Securities Trading, Equities - Securities, will be joined by Xiaodan Chen and Jermyn Wong. This session will delve into strategies for boosting ETF liquidity and trading volumes, as well as the innovations driving active and thematic ETFs. Emerging trends, opportunities, and essential investor requirements that are shaping this dynamic sector will be some of the topics to be discussed. The conversation aims to uncover the optimal strategies for cultivating a strong and accessible ETF ecosystem. ● Panel Discussion on Insights and Developments from Regional Exchanges. Our Meiyan Ding, Head of Equity Derivatives Products, Global Markets, will be joined by Ade Cordell and Firza Rizqi Putra. As the Asia-Pacific trading landscape evolves, maintaining awareness of regional developments in multi-asset trading and connectivity improvements is increasingly vital. This panel convenes esteemed participants from Cboe and IDX to discuss advancements in market microstructure, trading technologies, and extensive product options across various asset classes. If you are heading to the conference, be sure to connect with our team, we would love to hear your insights on these discussions! #FIXConference #TradingInsights #ETF #tradingtech #multiasset #tradingstrategies

Euronext Clearing will be participating in the POSTTRADE 360° Nordic conference in two weeks!   Together with the Euronext, Euronext Securities and Euronext Oslo Børs teams, we will be sharing our insights, expertise, and our latest news across the value chain of the post-trade landscape.   💡 Euronext Clearing CEO Roberto Pecora and Senior Sales Manager James McNulty, will be respectively speaking alongside other industry leaders about: - The European #clearing landscape strategies and how to excel at the #CCP market game - The European derivatives clearing market   ➡️ Join us to discuss our offering and updates, including the upcoming expansion of our services to #Euronext’s financial #derivatives. Another key milestone towards Euronext’s ambition to provide a harmonised clearing framework across Europe, reducing fragmentation and enhancing risk management efficiencies.   We look forward to meeting you there!   posttrade360nordic.com 

Alongside Jean-François Mesnard-Sense, Connie Chan, Felix Ho and Wilfred Sit, Viktor Östebo (Head of Institutional Sales & Trading, APAC) participated in a panel discussion on the topic of enhancing portfolios with Hong Kong-listed ETFs at the Hong Kong Exchanges and Clearing Limited (HKEX) ETF Summit 2024 event. Key topics discussed were: ◾ Asian ETF markets in general, and HKEX in particular, offer a unique granular offering of exposure to Asia related underlying's, including the all things China ◾ The value-add that market makers offer to institutional investors looking to increase efficiency in execution, as well as driving implementation costs to a minimum ◾ The growth of RFQ-tool adoption to execute ETF orders being at an inflection point in usage following the last few months of elevated volatility. This growth adds process value to institutional investors as well as significantly lowers transaction costs We're excited to see the developments and growth in the Asian ecosystem and look forward to further discussing evolving trends with our industry partners.

In 2023, Euronext achieved strong growth in revenue and income, nearing €1.5 billion, driven by fixed income trading and non volume related activities. Our business is now stronger and more diversified than ever, combined with best-in-class cost discipline. Progressing with our 'Growth for Impact 2024' strategic plan, we expanded Euronext Clearing to our cash markets across Europe. The migration of Borsa Italiana’s derivatives to Optiq in Q1 2024 and the expansion of Euronext Clearing to Euronext listed derivatives by Q3 2024 will complete our presence on the entire trading value chain and will position Euronext ideally to capture future growth opportunities. As we celebrate the 10 year anniversary of our IPO in 2024, I am looking forward to deep-diving the opportunities that this profound transformation will offer for Euronext at our Investors Day in November 2024. Read more here: https://lnkd.in/eueD-bhx

I'm pleased to present Euronext's strong results for Q1 2024, showcasing the dynamic organic growth we've experienced across our diversified business model. We have delivered +8.0% revenue growth in Q1 2024, bringing revenue and income to a record level of €401.9 million. This steady performance was driven by solid growth in non-volume related businesses, record performances in fixed income and power trading as well as the benefits of our successful expansion of Euronext Clearing to Euronext’s European cash markets in November 2023. Our financial performance has been outstanding, with adjusted EBITDA climbing by 15.0% to €251.3 million, and adjusted net income rising by 11.7% to €164.2 million. This growth translated to an adjusted EPS of €1.58, marking a 15.0% increase from last year. We are on track to complete the integration of the Borsa Italiana Group. We have completed the migration of Italian derivatives to Euronext’s proprietary trading platform Optiq® in March. The last step of the integration will be delivered in Q3 2024, when we will migrate all Euronext financial derivatives and commodities listed on our European markets to Euronext Clearing to complete our presence on the entire trading value chain. We launched Euronext Mid-Point Match, which has enhanced liquidity access for our trading participants. We rolled out a harmonised corporate actions service across our CSDs to tackle post-trade fragmentation in Europe. We have strengthened and diversified our data and index franchise with the acquisition of Global Rate Set Systems, a leading provider of services to benchmark administrators. Euronext sustained its leadership position in equity listing in Europe and in debt listing worldwide in Q1. On the equity listing side, we recorded 10 new listings in Q1 and we observe in the second quarter, an encouraging dynamic of our listing activity, with two large IPOs on Euronext in April: Planisware and CVC Capital. On the debt side, we reached for the first time over 57,000 bonds listed on our market and we also strengthened our leading position in ESG bond listings. These results underscore once again our strong financial performance, successful integration projects, and strategic initiatives aimed at driving growth and expanding our market capabilities. https://lnkd.in/ebSZh2mj

SIX Swiss Exchange's agreed takeover of Aquis Exchange takes the Swiss firm's share of European equity trading from 10% to 15%. Its plan to set up "a competitive pan-European listing venue" is more interesting still. Is SIX betting that the EU will remove the regulatory obstacles in its way? Euronext just revealed its to-do list for the next three years. "A unique European listing, trading and post-trade solution for ETFs" is the first item. It's a big ask to take market share in ETF trading from Bloomberg and Tradeweb, Europe's dominant venues for the securities. And the European Commission is looking at ways to transfer oversight of trading venues to the European Securities and Markets Authority (ESMA). Big bang may work better than gradualism. For clients only, we just published our latest analysis of developments in European equities: https://bit.ly/4eB1KsF

🎉 To mark the launch of four new Fidelity active ETFs, the Fidelity team closed the markets at the TMX Group on May 22: •Fidelity Global Equity+ Fund (TSX:FGEP) •Fidelity Tactical High Income Fund (TSX:FTHI) •Fidelity Emerging Markets Fund (TSX:FCEM) •Fidelity Global Equity+ Balanced Fund (TSX:FGEB). Learn more about the launch: https://ow.ly/Nkpu50RRMR8 #FidelityCanada

Euronext is proud to announce the successful migration of Borsa Italiana’s Derivatives to Optiq®, #Euronext’s state-of-the art trading platform. This remarkable achievement was executed flawlessly and went live on schedule on Monday, 25 March 2024. This successful transition marks the completion of the last phase of our comprehensive migration plan for Borsa Italiana markets onto Optiq®. The earlier integration of Equities, ETFs, and Funds in March 2023, and Fixed Income, Warrants and Certificates in September 2023, paved the way for this accomplishment. This milestone achievement underscores Euronext’s unwavering commitment to providing a unified trading experience across its markets. The seamless integration of Borsa Italiana’s Derivatives onto the Optiq® platform marks a significant step forward in our journey towards fostering greater efficiency, transparency, and accessibility within European capital markets. By consolidating all products onto a common technology platform, Euronext ensures a harmonised trading environment, enabling a single liquidity pool and streamlined access to a full suite of services for investors and issuers alike. This convergence not only enhances market efficiency but also reinforces Euronext's position as the leading listing and trading venue in Europe. We owe this achievement not only to the dedication of the Euronext team but also to our valued clients, partners, and regulators who collaborated tirelessly throughout this journey. Together, we've consolidated Euronext's position as the leading listing and trading venue, boasting the largest liquidity pool in Europe with superior market quality. Read the press release: https://lnkd.in/eqdPkUni

#ETFs industry in Europe celebrates its 24th anniversary with record assets of nearly $2 trillion. The first European-listed ETFs made their debut on April 11, 2000. These two ETFs were based on the Euro Stoxx 50 and the Stoxx Europe 50 indices, and they were listed on Deutsche Boerse. Assets invested in the ETFs industry in Europe reached a record US$1.96 trillion at the end of March. During March the ETFs industry in Europe gathered net inflows of US$11.02 billion, bringing year-to-date net inflows to US$49.52 billion, according to ETFGI's March 2024 European ETFs and ETPs industry landscape insights report Read more at: https://lnkd.in/eEAEBikX