Daryl Byrne’s Post

We are excited to release the Euronext #InnovateForGrowth2027 strategic plan, aimed at harnessing our comprehensive presence across the European capital markets value chain. This strategy focuses on accelerating growth through innovation and efficiency. Key priorities include driving growth in non-volume segments, expanding our fixed income, currencies, and commodities (FICC) trading and clearing franchise, and strengthening our leadership in trading. Learn more about #Euronext’s Innovate for Growth 2027 here: https://lnkd.in/d7JXiQuF

Speaking to The TRADE at the FIX EMEA Trading Conference 2024, Simon Mason, head of equity products at SIX Swiss Exchange, unpacks the current state of play when it comes to recent equities volumes, delving into digital asset innovation and the importance of a pragmatic approach across the various trading areas. #FIXEMEA #FIX #sixswissexchange #equities #volumes #digitalassets #innovation #markets #trading

The TRADE sits down with group head of institutional derivatives at Euronext, Charlotte Alliot, following the group’s Outstanding Derivatives Trading Venue win at The TRADE’s Leaders in Trading awards 2024, delving into the key trends set to shape derivatives trading going forward and what she expects to be the biggest growth driver for Euronext. #tradetv #euronext #derivatives #markets #trading #euronext #trends #growth

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

Last week Pierre Davoust, Olga Jordao and Giorgio Modica represented Euronext at the European Commission’s Roundtables on Consolidation Summit in Brussels. They participated in insightful panels, addressing one of the biggest challenges for a stronger European #CapitalMarkets Union: market fragmentation. Post-Trade consolidation is a key priority for #Euronext, as we aim to address issues across the value chain, to ultimately build a more competitive and unified European capital market. At Euronext Securities, this issue is tackled head-on by promoting consolidation, integration and simplification across our four CSDs in Denmark, Italy, Norway and Portugal, to support all Euronext’s primary and secondary markets. The recent migration of all Euronext’s cash, fixed income, repo and derivatives trading onto a single clearing house, Euronext Clearing, also delivers greater efficiencies, harmonisation and stability for its clients, and paves the way for further innovation and growth.

Please find attached Syz Group October 2024 Asset Allocation Insights: "Is the #sp500) Unbreakable?" In a nutshell: • Overall, the overall macro and liquidity conditions are rather positive for risk assets. Still, equity market valuations are rich, especially in developed markets and some risks are under-priced. Consequently, while we keep our preference for equities over bonds, we refrain to increase exposure at this stage. We keep our neutral stance on equities. • Our view on Eurozone equities is downgraded from neutral to negative, mainly due to weakening economic trend, while we upgrade our view on emerging markets from negative to neutral (China stimulus, improving earnings dynamic, room for easier monetary policy). • Within rates, we continue to favour the 1-10 years segment over long-dated bonds. • We keep our gold and hedge funds exposure for diversification purposes. Our stance on currency (neutral dollar against major pairs) is unchanged. Adrien Pichoud Luc Filip, CFA Colla Rensch Gaël Combes Gaël Fichan

🏆 A month ago, Euronext proudly won the Editors' Choice Award for Outstanding Derivatives Trading Venue at The TRADE Leaders in Trading Awards. This recognition highlights our ongoing commitment to innovation and creating added value for our clients and partners over the years. 🚀 In 2024, we made significant inroads in the financial #derivatives markets, further strengthening #Euronext's position, placing it today as the market leader in options trading in Europe. To mark this achievement, Charlotte Alliot sat down with The Trade to discuss the key drivers behind Euronext's success, the trends shaping derivatives trading in 2024 and beyond, and the biggest growth drivers for Euronext, especially in the derivatives space. 🎥 Watch her interview and stay tuned for exciting new product developments as we continue to leverage our presence across the entire European capital markets value chain and diversify into new areas to deliver enhanced efficiencies to our clients. 🙏 A huge thank you to The TRADE News for this amazing distinction! https://lnkd.in/dJFgWCEN

📣 Agenda Update📣 How has RFQ functionality and liquidity evolved in recent years and what can we expect in the future? 🎙️ Hear from: Adam Gould, Global Head of Equities, Tradeweb Peter Whitaker, Market Structure Strategist, Jane Street Edward Robbs, Institutional Sales & Trading, Jane Street Discover the intriguing journey of ETF Trading's evolution as we explore the changes in RFQ functionality and liquidity over recent years and speculate on future trends. Don't miss out on this insightful session – join us and stay ahead in the rapidly evolving equity trading landscape! 📩 Download the agenda for more sessions: https://lnkd.in/e4JCsDrP #TradeTech #Trading #EquityTrading

Global technology company Nasdaq has launched a new futures solution that will make it easier for investors to access the increasingly popular Swedish small cap market. The new Sweden Small Cap ESG Index future is primarily targeting Nordic institutional investors. It was officially launched this morning at an opening bell ceremony at the Nasdaq Stockholm stock exchange. According to Alessandro Romani, Head of European Derivatives at Nasdaq, the small cap market in Sweden has been quite successful in recent years and attracted considerable interest from investors. “In Sweden, we have seen a significant rise in products that provide exposure to the Swedish small cap segment. Today, there are over 30 different funds tracking this segment for a total AUM exceeding SEK 300bn (EUR 26.2bn),” he tells AMWatch in an interview. #assetmanagement #assetmanager #bankingindustry #financialmarkets #stockexchange #smallcap #futures #derivatives #fundmanagement #investments

We’ve achieved our “Growth for Impact 2024” targets a full quarter ahead of schedule. We look forward to sharing our plans for future growth and innovation tomorrow 8 November 2024 at #EuronextInvestorDay2024. Euronext