Tag: Euronext

The pan-European exchange saw a 14% increase in overall revenue and income in the second quarter of this year, with trading revenue jumping on the back of high FX and fixed income activity.

Following the exchange’s decision to migrate its clearing operations, LCH SA and EuroCCP are lacing up for battle. The question is, who will be preferred?

The two clearinghouses’ new risk models will utilise an enhanced Value at Risk (VaR) methodology across the debt markets that they clear.

The acquisition will help strengthen MTS and Euronext Securities Milan’s core operations and enable further development and product innovation.

Euronext, the London Stock Exchange, Deutsche Borse’s Xetra, SIX Swiss Exchange and Nasdaq’s OMX took the top five spots with the former reporting €16.6 billion in volumes.

New futures contract will facilitate the reallocation of assets from the CAC 40 index to its ESG equivalent; it has been supported by BNP Paribas and Société Générale.

Exchange operator’s trading revenue grew to €150.8 million resulting from strong activity across asset classes with cash trading revenue growing to €94.0 million.

Several speakers agreed the potential change to the length of the Close was in the wrong direction, considering previous attempts to shorten market hours.

Data centre moves by Euronext and SIX Swiss Exchange could increase implicit costs by allowing larger firms with faster connections to take advantage, says Cowen’s James Baugh.

The Italian deal drove a 27% growth of trading revenue and contributed €337.7 million to the exchange operator’s full year income.