Euronext Expands Clearing Operations Across All Derivatives Markets, Strengthening European Market Leadership

Euronext Expands Clearing Operations Across All Derivatives Markets, Strengthening European Market Leadership

(IN BRIEF) Euronext has successfully expanded its clearing operations to all its financial derivatives markets, completing its migration from LCH SA to Euronext Clearing. This achievement marks the final step in Euronext’s integration of the Borsa Italiana Group and supports its strategic plan to enhance post-trade services. The expansion strengthens Euronext’s position as a leading multi-asset class clearing house in Europe, offering improved risk management and streamlined services across its trading, clearing, settlement, and custody infrastructure. Euronext is on track to achieve its goal of €115 million in annual EBITDA synergies by the end of 2024.

(PRESS RELEASE) AMSTERDAM/BRUSSELS/DUBLIN/LISBON/MILAN/OSLO/PARIS/ROME, 17-Sep-2024 — /EuropaWire/ — Euronext has successfully completed the expansion of its clearing operations to cover all Euronext financial derivatives markets, marking the final step in the migration from LCH SA to Euronext Clearing. This significant achievement, realized on schedule in September 2024, completes Euronext’s integration of the Borsa Italiana Group and aligns with its “Growth for Impact 2024” strategic plan. The move positions Euronext Clearing as one of Europe’s largest multi-asset class clearing houses.

This expansion allows Euronext to offer a unified clearing solution across its cash, commodity, and derivatives markets, improving risk management, efficiency, and transparency for clients. The successful integration strengthens Euronext’s ability to deliver end-to-end market infrastructure services, covering listing, trading, clearing, settlement, and custody. Euronext remains on track to achieve its target of €115 million in annual EBITDA synergies by the end of 2024, reinforcing its leadership in the European financial ecosystem.

About Euronext
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.5 trillion in market capitalisation as of end June 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.

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Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

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SOURCE: Euronext N.V.