Euronext Clearing’s Post

Milestone achieved: the migration of Euronext's clearing operations from LCH SA to Euronext Clearing is now complete. This final phase marks the full integration of the Borsa Italiana Group and immediately positions Euronext Clearing as a leading multi-asset class clearing house in Europe, while strengthening Euronext as the foremost pan-European market infrastructure, fully integrated across the trading value chain. This is a true example of how we are building the future of European markets. Together. Many congratulations to all teams involved ! #EuronextClearing #EuropeanCapitalMarkets

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 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 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 

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.

Euronext chips away at Eurex equity derivatives market share When it comes to European derivatives exchanges, Eurex continues to dominate with a 71% market share in August compared to Euronext’s 29%. But Euronext is slowly eating into Eurex’s market share... https://hubs.li/Q02PHwvQ0

Nasdaq Risk Platform has secured its first customer in Thailand, Kiatnakin Phatra Securities (KKPS).   This expanded technology partnership with KKPS reflects Nasdaq’s pivotal role in supporting the modernization of Thailand’s market modernization story, supporting the development of a deep and sophisticated ecosystem of capital market participants.     Find out how KKPS plans to leverage Nasdaq Risk Platform in the press release: https://lnkd.in/dcgznpwd #nasdaq #marketmodernization #riskmanagement

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

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

Ahead of our strategic plan announcement, we’re pleased to present Euronext’s Q3 2024 results, highlighting a strong performance driven by our diversified business model, Euronext Clearing’s expansion, and continued cost discipline. We’ve achieved our “Growth for Impact 2024” targets a full quarter ahead of schedule. On 7 November 2024, #Euronext reported a 10.0% increase in Q3 revenue, reaching €396.3 million: ▪ Non-volume related revenue posted a solid performance. Euronext Securities revenue grew by +7.1% compared to Q3 2023. We recorded double-digit growth in Advanced Data Services, and we maintained our position as the top-ranking equity listing venue in Europe. ▪ Our trading revenue grew by +15.7% year on year, driven by another record quarter of fixed income trading revenue and a dynamic performance of diversified trading. ▪ Lastly, Euronext Clearing’s performance continued to benefit from the huge success of the expansion of Euronext Clearing to pan-European products, growing +19.3%. We look forward to sharing our plans for future growth and innovation tomorrow, 8 November 2024 at #EuronextInvestorDay2024. Read the press release: https://lnkd.in/e6jJ9cDX