Euronext to consolidate settlement on its markets
12 March 2025 Europe

Euronext Amsterdam, Brussels, and Paris will designate Euronext Â鶹´«Ã½ as the central securities depository (CSD) for the settlement of equity trades from September 2026.
These three markets will join the other Euronext markets in Lisbon, Milan, and Oslo, already supported by Euronext Â鶹´«Ã½.
This move comes as part of Euronext’s ‘Innovate for Growth 2027’ strategic plan unveiled in November 2024.
According to the firm, it is an important step to tackle post-trade fragmentation in Europe, improve its capital markets’ competitiveness, and open up new trading and investment opportunities, particularly across borders.
Stéphane Boujnah, CEO and chairman of the managing board at Euronext, comments: “Euronext is tackling post-trade fragmentation, one of the key obstacles highlighted by the Draghi report on the future of European competitiveness to the establishment of a large, integrated capital market in Europe.
“Euronext, with its European single trading platform and single liquidity pool gathering 25 per cent of European equity trading activity, is uniquely placed for this strategic move to expand Euronext Â鶹´«Ã½ settlement in Europe, after the successful migration of its clearing activity in Euronext Clearing.â€
The Euronext integrated model aims to provide clients with streamlined post-trade operations, enhanced liquidity, and simplified market access across Europe.
Clients will be able to consolidate the settlement of equity trades and related custody activities for a number of local markets in one single CSD — as opposed to more than 30 different CSDs currently in place across Europe.
They will also benefit from easier adaptation to regulatory changes, says Euronext, in particular during the preparation for the move to T+1 in Europe in October 2027.
In parallel, Euronext has also announced the move of its shares to Euronext Â鶹´«Ã½ on 12 March.
This move demonstrates the concrete opportunity available for equity issuers to benefit from the positive impact of consolidation, says the firm.
These three markets will join the other Euronext markets in Lisbon, Milan, and Oslo, already supported by Euronext Â鶹´«Ã½.
This move comes as part of Euronext’s ‘Innovate for Growth 2027’ strategic plan unveiled in November 2024.
According to the firm, it is an important step to tackle post-trade fragmentation in Europe, improve its capital markets’ competitiveness, and open up new trading and investment opportunities, particularly across borders.
Stéphane Boujnah, CEO and chairman of the managing board at Euronext, comments: “Euronext is tackling post-trade fragmentation, one of the key obstacles highlighted by the Draghi report on the future of European competitiveness to the establishment of a large, integrated capital market in Europe.
“Euronext, with its European single trading platform and single liquidity pool gathering 25 per cent of European equity trading activity, is uniquely placed for this strategic move to expand Euronext Â鶹´«Ã½ settlement in Europe, after the successful migration of its clearing activity in Euronext Clearing.â€
The Euronext integrated model aims to provide clients with streamlined post-trade operations, enhanced liquidity, and simplified market access across Europe.
Clients will be able to consolidate the settlement of equity trades and related custody activities for a number of local markets in one single CSD — as opposed to more than 30 different CSDs currently in place across Europe.
They will also benefit from easier adaptation to regulatory changes, says Euronext, in particular during the preparation for the move to T+1 in Europe in October 2027.
In parallel, Euronext has also announced the move of its shares to Euronext Â鶹´«Ã½ on 12 March.
This move demonstrates the concrete opportunity available for equity issuers to benefit from the positive impact of consolidation, says the firm.
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