Increased trading activity sees Euronext revenue grow
Improving political and economic situation in European Union drives trading activity on Euronext’s markets.
The TRADE speaks with CEO at Algomi, Stu Taylor, about Euronext’s recent $10 million investment, virtual balance sheets and how technology can help bond liquidity.
LSE’s response to Euronext’s deal with ICE Clear included plans for LCH SA to provide clearing services to Turquoise.
Investment follows LSE’s decision to no longer sell its LCH. Clearnet SA business to Euronext.
Both firms will work together to launch a range of European indices later this year.
Investment will see Algomi’s bond network made available to fixed income traders at Euronext.