Euronext


Euronext to acquire FastMatch for FX sake

Pan-European exchange Euronext will acquire about 90% of FastMatch for $153 million as part of its expansion plans in the $5.1 trillion daily foreign exchange (FX) market. FastMatch’s management will retain about 10% interest, with minority rights. Closing is subject to regulatory and anti-trust approvals, and is expected to occur in Q3 2017. Stéphane Boujnah, […]

Put a SocGen in it for Euronext’s new fund investment model

Societe Generale Securities Services (SGSS) is contributing to a new model, Euronext Fund Service, to help investments in funds for domestic and international investors. Launched by Euronext and available from 15 May 2017, this new service will enable institutional and retail investors to place subscription/redemption orders, in a “simplified and automated manner”, through their brokers […]

Euronext and Algomi to launch new MTF for corporate bond trading

Pan-European exchange Euronext will use Algomi’s fixed income technology for its new multilateral trading facility (MTF) in a ten-year partnership. With their joint venture (JV), capitalised by Euronext for $2.3 million, dealers will be able to access the trading interface either directly through their existing Algomi technology or through their stand-alone systems. The platform will […]

Seven major financial institutions in blockchain project for European SMEs

The participants are BNP Paribas Securities Services, Caisse des Dépôts, Euroclear, Euronext, S2iEM, Société Générale and Paris Europlace. They have signed a memorandum of understanding (MoU) to study and develop a post-trade blockchain infrastructure for SMEs in Europe. The agreement is open to other interested parties. The aim is “to improve SME’s access to capital […]

Crowdfunding and investment round-up: 13 May 2016

With news on crowdfunding and investment appearing with relentless regularity, here’s a round-up of key events to save you time. UK challenger bank Tandem has now revealed the money it’s raised and its valuation – all in preparation for a crowdfunding campaign that starts on 20 May. Money raised comes to £22 million and it […]

Euronext completes Interbolsa migration to T2S

Portugal’s central securities depository Interbolsa, a subsidiary of Euronext Lisbon, has completed its migration to Target2-Securities (T2S). Although delayed, T2S is one of the largest infrastructure projects launched by the European Central Bank. T2S provides a centralised European platform for the settlement of domestic and cross-border securities transactions. Through T2S, Interbolsa allows for core, neutral […]

European stock markets plan Shanghai links

Closer links between the Shanghai Stock Exchange and UK and European exchanges may be on the cards. The London and Shanghai exchanges are exploring a scheme to link their markets. At the same time, European exchange group Euronext announced a deal with the Shanghai Stock Exchange to promote its listed members to Chinese investors.

Cerutti steps down at Euronext

Euronext has announced that its chief executive Dominique Cerutti will step down in July to become chairman and chief executive at advanced engineering group Altran.

Euronext prepares for 2015 derivatives launch with LCH. Clearnet

Euronext is planning to launch a new service that would allow derivatives to be reported to Euronext and cleared by LCH. Clearnet. The new service will use the Tradexpress platform built by vendor Cinnober, and is due to go live in spring 2015.

Euronext launches foreign open-ended funds in Paris

European exchange group Euronext is planning to begin trading active open-end funds on its Paris market following a legislative decree in France allowing the funds to be traded on exchanges or MTFs.

Euronext and Markit target ETF opportunities

January has been a good month for ETFs, with the launch of two new products aimed at making it safer and cheaper to trade – and easier to get the information needed to make trading decisions.