Since the completion of the migration of Borsa Italiana's cash equity markets to Optiq®, we have been happy to focus our efforts on the expansion of our order book functionalities and product offering. Dark and GEM expansions are now becoming reality thanks to the engagement with you.
- What’s the latest on Euronext equity innovation?
- When can I test the new dark, midpoint and sweep functionalities of the Euronext Dark Pool?
- What are the most traded US stocks on the Euronext Global Equity Market (GEM)?
Enjoy our monthly newsletter to find the answers.
Vincent Boquillon - Head of Equity Trading
Available for testing: Euronext Dark, Midpoint and Sweep functionalities
What
- Euronext Mid-Point Match is the dark pool embedded on Optiq® which will offer (a) pure Dark orders at midpoint, and (b) sweep functionalities from Dark to Lit.
- Scope: Euronext stocks, continuously traded only, under RPW and LIS waivers.
Why
- You can now benefit from zero latency in pegging to Euronext midpoint, and zero latency for sweeping from dark to lit. Other dark pools cannot offer this on Euronext stocks due to latency between the data centres of MTFs (London) and Euronext (Bergamo).
- Unique liquidity will also be provided also by our ecosystem of local brokers, which will interact with market makers and global banks.
When
- Test environment opens on 31 January 2024.
- Official launch is planned for end Q1 or early Q2 2024 – subject to regulatory approval
Join our webinars on Euronext Dark & Mid-Point MatchTwo webinars will be held next week to present the value proposition, market quality benefits, functionalities, technical specifications, and timeline of Euronext Dark & Mid-Point Match. |
Expansion of Euronext GEM - the Global Equity Market
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Since November 2023, Euronext GEM has offered trading on 350+ European and US stocks, from 09:00 to 20:30 CET, cleared and settled in Euros.
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Retail accounts for 40% of total Euronext GEM value traded.
- Euronext GEM turnover in January 2024 grew by +48% compared to 2023.
- Did you know that...
If you are already a member of Euronext equity markets, access to Euronext GEM does not require a new Logical Access or additional market data costs. You can trade stocks from US, Germany, Spain, Finland and Sweden leveraging on your current technical set-up.
- Euronext GEM most traded stocks:
CNH Industrial: 2nd most traded stock on Euronext GEMFollowing CNH's decision to maintain only a US primary listing since January 2024, significant liquidity for CNH (€5.8 million traded per day) is still retained in Europe thanks to Euronext GEM. |
Are you looking for a training course on Euronext markets for your junior traders?
Euronext experts will present the trading venues and market microstructure for equity, debt, fixed income and derivatives.
The course consists of four half-days in our virtual classroom:
20, 21, 22 and 23 February 2024, from 09:30 to 13:00 CET
Download the agenda | Secure your spot
The Euronext Equities team at events
Euronext teams will be participating in the FIX EMEA Trading Conference and attend AFME's 7th Annual Equities Dinner on 7 March in London.
For more information
Don't hesitate to contact your sales representatives with any queries or feedback.
Thank you!