Euronext Clearing

?? Today at the #PalazzoMezzanotte, home of Borsa Italiana, a #RingTheBell ceremony was held to celebrate the completion of the expansion of Euronext Clearing’s activities to all #Euronext's financial #derivatives markets. ??This was the final phase of Euronext Clearing’s European expansion, aimed at creating the Group’s multi-asset clearing house and removing barriers in Europe through the harmonisation of #clearing. This achievement marks the latest milestone of the “Growth for Impact 2024” strategic plan and completes the integration of Borsa Italiana into the Euronext Group, three years after its acquisition. ?? The ceremony featured Roberto Pecora, CEO of Euronext Clearing, and Anthony Attia, Global Head of Derivatives & Post Trade at Euronext and Chairman of Euronext Clearing. Thank you to UniCredit and Intesa Sanpaolo for joining the celebrations!

Euronext hosted another successful edition of the #Euronext Retail Trading Forum, previously known as the Euronext Retail Brokers Advisory Committee. Over 130 participants from the retail sell-side, buy-side and liquidity provider communities across Europe joined the teams at Borsa Italiana and virtually. ? Cristina Belloni, Head of Sales and Relationship Management at Euronext Clearing took part in the panel ?? “Latest trends and opportunities for retail traders in European derivatives markets” alongside Andrea Busi, CEO of Directa Sim and Michele Finocchi Ghersi, Senior Derivatives Sales Trader at Susquehanna International Group, and Eleonora Raffaelli, Senior Sales Manager at Euronext who moderated the discussion. ? The panel was the occasion to highlight how Euronext Clearing enhances the attractiveness of Euronext’s markets, by removing cross-border barriers in Europe through #clearing harmonisation, with an integrated VaR-based margin methodology across asset classes, collateral efficiencies, and standardised clearing processes. ? ?? The successful migration of Euronext’s financial #derivatives markets to Euronext Clearing is paving the way for further innovation and product launches in line with investors’ needs. Recently, Euronext expanded its offering with the introduction of new German, Irish and Portuguese Single Stock #Options. ? In 2025, Euronext Clearing will be migrating the Italian markets to continue integrating and harmonising to the benefit of clients. ? A huge thank you to our guest speakers and participants for taking part in the #EuronextRetailTradingForum!

?? We're excited to announce that colleagues from Euronext Securities and Euronext Clearing are attending the AFME (Association for Financial Markets in Europe) OPTIC Conference this week in London. Sveinung Dyrdal, Henrik H?j, Cristina Belloni and James McNulty are on-site and ready to meet with clients to discuss how we can support your business and create efficiencies across the value chain. ?? If you're at the conference, don't hesitate to reach out to our team! #AFMEOptic #EuronextClearing #EuronextSecurities #PostTrade

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.

Thank you Citi for featuring our CEO and General Manager, Roberto Pecora on the panel ‘FMIs: Modernizing Tomorrow’s Markets’ at your 2024 Securities Leadership Forum in Dublin last week. ? Alongside other industry speakers, Roberto Pecora explored the evolution of capital markets, how Financial Market Infrastructures are modernising and their recent initiatives. ? Euronext Clearing is leading European clearing innovation by becoming the unique #CCP for Euronext’s markets, unlocking risk and operational efficiencies while creating opportunities for growth with new products and markets. ? More about Euronext Clearing: https://lnkd.in/g5dWTkvs

?? That’s a wrap! We are immensely proud to have successfully completed the migration of Euronext’s Financial Derivatives markets to Euronext Clearing, now making it the CCP for all Euronext Equity, ETFs, Bonds, Repos and listed Derivatives markets. ? ?? A huge thank you to all our clients, partners and global teams for their support, dedication and close collaboration in this 3-year transformation journey.? ? ?? This milestone further strengthens the backbone of the Capital Markets Union in Europe, reducing the fragmentation of post-trade activities in Europe, creating greater harmonisation for market participants, and contributing to increase the competitiveness of European markets.?? ? ?? This achievement lays the last brick of #Euronext’s value chain integration across listing, trading, clearing, settlement and custody, and paves the way for further innovation. Euronext will be able to develop new derivatives and clearing solutions for its clients, and offer them significant benefits, including: - Enhanced risk management through a VaR-based margin methodology - Improved efficiency and reliability in risk capture and allocation - The introduction of a unified equity and derivatives default fund to facilitate cross-margining.? ? #clearing #posttrade #trading #CMU More information:?https://lnkd.in/eYpBY2uZ

Thank you POSTTRADE 360° for another great edition of your Nordic conference in Stockholm! The Euronext Clearing team joined colleagues from Euronext, Euronext Securities, and Euronext Oslo B?rs to share insights and the latest news across the entire value chain of the post-trade landscape. Roberto Pecora, CEO and General Manager, and James McNulty, Senior Sales Manager at Euronext Clearing, spoke alongside senior leaders from major #clearing houses about: - strategies in the European clearing landscape, regulatory trends, capital optimisation, and innovations in products and services to excel at the #CCP market game, - and the latest news and developments in the European #derivatives clearing market. In the coming days, Euronext Clearing will complete the internalisation of its services for Euronext’s legacy markets by expanding into financial derivatives. This significant step will reinforce the harmonisation of the clearing framework across Europe, providing members with a unique cross-market and cross-asset clearing house that offers enhanced risk management efficiencies. Stay tuned for more news in the coming weeks, as the #Euronext Group will be releasing its new strategic plan for 2025-2027!

Euronext Clearing will be participating in the POSTTRADE 360° Nordic conference in two weeks! ? Together with the Euronext, Euronext Securities and Euronext Oslo B?rs 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?

An article from Il Sole 24 Ore details the latest developments in the integration of Borsa Italiana into Euronext with the migration of commodity derivatives clearing to Euronext Clearing. This step marks a key milestone in the integration process, strengthening Euronext's position as a leading European market infrastructure. Since July, Euronext Clearing has been managing about 250,000 lots per day, holding a total of 14.1 billion euros in margins deposited, including 50 million euros for commodities derivatives. The completion of the integration process is expected by the third quarter of 2024, with the clearing of financial derivatives. In announcing the quarterly results, Euronext CEO Stéphane Boujnah emphasized that this move contributes to reducing fragmentation in the European #posttrading landscape and acts as a catalyst for innovation for clients.

? #Euronext #Commodity #Derivatives #Clearing migration: done! ?? We are thrilled to have completed yet another significant milestone in Euronext’s ambition to provide unified and efficient European capital markets #CMU, and reducing #posttrade fragmentation for the industry. ?? A heart-felt thank you for the very hard work of our esteemed clients and Euronext teams across Europe, we are sincerely grateful for your commitment and resilience thus far, and we look forward to the final step of the migration for Euronext Financial #Derivatives by Q3 2024.