Cboe Clear Europe’s Post

What a week it has been at Euronext! We announced the Euronext MTS Markets EGB Broad Index Family, setting a new standard for European sovereign bonds. Leveraging MTS’ trusted pricing data, this new index family offers unmatched transparency and precision across Eurozone countries. We also announced the acquisition of Substantive Research Ltd, enhancing our ability to provide market data benchmarking. This integration into Commcise empowers asset managers with unique tools to manage investment research and comply with regulations more efficiently. Lastly, we successfully completed the expansion of Euronext Clearing across all financial derivatives markets. This milestone completes the Borsa Italiana integration and solidifies Euronext Clearing's position as Europe’s leading multi-asset class clearing house. 🏊♂️ I managed to squeeze in a refreshing swim this morning – the perfect way to clear my mind after a busy week. Speaking of #wellbeing, thanks to Marianne for the great tips and to Elena for the excellent reading recommendation for the weekend. Great team! Feeling energized for what’s to come! #Innovation #Leadership #BondMarket #Teamworking #Growth #Wellbeing #Finance

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

Euronext, the leading pan-European market infrastructure, has successfully expanded our clearing activities to cover all its financial derivatives markets. This achievement completes the migration from LCH SA to Euronext Clearing, marking the end of their contractual relationship. This final phase, accomplished in September 2024, is a key part of Euronext's ‘Growth for Impact 2024’ strategy and follows its acquisition of the Borsa Italiana Group three years ago. Over the past three years, Euronext has smoothly transitioned its core data centre from the UK to Italy, migrated Borsa Italiana’s markets to its Optiq® trading platform, and extended Euronext Clearing’s services across all its cash and derivatives markets. This solidifies #Euronext’s position as a key player in European finance, with its clearing house now the third-largest in Europe. We reflect on the pivotal moments and this remarkable achievement, a testament to the dedication of our global teams, leaving a lasting legacy in Euronext's story as well as in the evolution of capital markets. Read the press release: https://lnkd.in/eYpBY2uZ

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 

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

Our Q3 2024 results demonstrate our ability to generate strong organic growth. We delivered double-digit topline growth, driven by the excellent performance of our diversified trading business, our successful clearing expansion in Europe, and our solid performance in non-volume-related activities. We maintained a strong cost discipline on recurring expenses and we continued to invest in growth. Once again, we have demonstrated exceptional execution capabilities. We have finalised the migration of our derivatives markets to Euronext Clearing, the final step of the Borsa Italiana Group integration. Euronext has outperformed the €115 million guidance for total run-rate EBITDA synergies related to the Borsa Italiana Group acquisition, reaching €121 million. This is twice the amount targeted at the closing of the transaction in April 2021. We achieved more synergies than targeted and we spent much lower integration costs than anticipated. Thanks to our strong performance, we reached our “Growth for Impact 2024” financial targets a full quarter in advance. I look forward to sharing how we will innovate for growth over the next three years at our Investor Day on 8 November 2024. Read the press release: https://lnkd.in/ePhjbE9c

One of the most significant milestones for Hedera in the past 1 year, in my opinion. Packaging digital assets for traditional institutional consumption and vice versa is how we will bridge traditional finance with digital assets. Blade Digital Finance is creating global distribution mechanisms for such regulated assets to get the funds moving through the system. It is finally all coming together after 7 years of hard work. Kudos to The Hashgraph Association.

TMX Group's acquisition of VettaFi increases the depth and value of the data-driven insights we provide to clients and enriches our industry-leading support for #ETF issuers. Read the latest edition of The World Federation of Exchanges's Focus magazine to learn how our business is evolving to serve the needs of the #ETF ecosystem long into the future: http://ms.spr.ly/6049i42sZ

ETFGI report on ETFs and ETPs in Europe – May 2024 - ETFGI reports assets invested in ETFs industry in Europe reached a record of 2.01 trillion US Dollars at the end of May - https://lnkd.in/dYrmZN84 #etfworld #etf #etp #etfgi #europe #DeborahFuhr

ETFGI report on ETFs and ETPs in Europe – May 2024 - ETFGI reports assets invested in ETFs industry in Europe reached a record of 2.01 trillion US Dollars at the end of May - https://lnkd.in/dYrmZN84 #etfworld #etf #etp #etfgi #europe #DeborahFuhr