Are you ready to accelerate?

We are launching a passive liquidity incentive to boost dark volumes on Euronext Mid-Point Match, the Euronext Global Equity Market (GEM) has reached record-breaking volumes on US stocks, and our microwave service, Euronext Wireless Network, has delivered improved execution performance for its users. 

Fasten your seatbelts, we are headed for an extra sprint in this end of year.

Euronext Mid-Point Match

Are you familiar with the concept of DRS? It is the Formula 1 system which allows race cars to reach their top speed.

With over €500 million of daily dark-to-lit sweep, we are now ready to launch our own DRS (Dark Rebate Scheme) to accelerate the growth of dark volumes at mid-point.

Euronext Global Equity Market (GEM)

Did you know that volumes on our US and pan-European platform have tripled in November 2024 compared to last year?

The US elections marked a historical record with €178 million daily turnover for Euronext GEM on 6 November 2024.

Euronext Wireless Network (EWiN)

Why did global banks decide to start sending their orders from London LD4 to Bergamo Data Centre via our microwave service?

Discover the benefits of gaining 3.5 milliseconds of speed.

Vincent Boquillon - Head of Equity Trading at Euronext

Euronext Mid-Point Match

Dark Rebate Scheme (DRS) available from 1st December 2024

Trading participants with significant dark passive turnover can achieve a passive rebate of -0.3bps

This liquidity incentive is likely to boost Euronext dark volumes, leveraging on the existing sweep flow:
 

Euronext Global Equity Market (GEM)

Over €100 million daily value traded since the US elections

Euronext GEM offers 150+ European stocks and 250+ US stocks, tradable from 09:00 to 20:30 CET, cleared and settled in Euros.

€104mln Average Daily Value traded in November 2024, three times higher than last year, and with over 40% of volumes coming from pure retail brokers.

If you are a member of Euronext equity markets, you can access Euronext GEM Equity without any additional cost for market data and connectivity. You can trade stocks from US, Germany, Spain, Finland and Sweden using your existing trading and post-trade setup.

Euronext Wireless Network (EWiN)

Send orders from London LD4 to Bergamo in less than 4ms

Since go-live of the service on 10 July 2024, microwave users have experienced latency benefits which translated into better hit rates and lower missed cancelations.

For more information, visit our website.

Video highlights: Euronext Investor Day 2024

Euronext's new strategic plan, “Innovate for Growth 2027” was released on 8 November 2024 during Euronext Investor Day, where deep-dive workshops were organised. It sets out the Group's ambition to leverage Euronext’s presence on the entire European capital markets value chain to offer new and innovative services across asset classes, delivering added value and efficiencies to customers, and addressing the industry’s key challenges.

Nicolas Rivard, Global Head of Cash Equities & Data Services, and Vincent Boquillon, Head of Equity Trading provided detailed insights into Euronext’s cash equity trading plans. 

Download the slides and watch the presentation replay.

For more insights on equity projects and statistics

Don't hesitate to contact your sales representatives with any queries or feedback.

Contact our Equities Team

This analysis focuses on the behaviour of Italian Stock Options traded on-screen on Euronext Derivatives Milan before and after the migration to Optiq®.

Market Quality Analysis on the Italian Stock Options Market

Executive Summary

• Euronext achieved several key milestones in 2024 that allowed the Group to expand its presence along the entire trading value chain. Among those, the migration of Borsa Italiana’s derivatives markets onto Euronext trading platform (25 March 2024), and the expansion of Euronext Clearing to all Euronext financial derivatives markets (9 September 2024), thus finalising the integration of the Borsa Italiana into the Group and offering a comprehensive suite of solutions from pre-listing to post-trade.
• Overall, the trading migration had a very positive impact on the on-screen market quality of the Italian Stock Options market, in particular:
  - When considering all maturities of the top contracts by volumes, Euronext shows tighter spreads vs. competitors since August 2024.
  - For front-month maturities only on all contracts, Euronext’s spreads are consistently better than those of main competitors.
• Since the trading migration, Market Makers are benefitting from an incentive-based Market Making fee programme, allowing them to provide more consistent liquidity.

To find out more about the performance, download the Market Quality Analysis on the Italian Stock Options Market.

Download
January 2025

Volumes & quarter highlights

Q3 2024 maintained the positive momentum seen throughout the year, delivering another quarter of robust activity across the Euronext commodities franchise.

Two contracts stood out for their exceptional performance this quarter: Euronext Corn Options posted a significant 52.72% increase in volume compared to the previous quarter, reflecting growing market interest and increased trading activity. Additionally, Euronext Rapeseed Futures experienced a remarkable 43.7% rise compared to Q3 2023, showcasing the strength of this contract amid changing market dynamics.

Our flagship Milling Wheat Futures contract continued to demonstrate strong liquidity, with an average of 79,000 lots traded daily, equivalent to nearly 4 million tons of wheat changing hands. This highlights the contract’s role as a key benchmark in the agricultural markets.

Overall, total volumes in Q3 2024 outperformed the same quarter last year by an impressive 15%, underscoring the sustained demand and engagement in the commodity markets. However, volumes were down 8.5% compared to the record-breaking Q2 2024.

These results underline our commitment to expanding our product offering and strengthening liquidity in key agricultural markets.

Successful migration to Euronext Clearing

The migration of Euronext clearing business from LCH SA to Euronext Clearing has been successfully completed in July for commodities, and in September for financial derivatives.

This integration strengthens Euronext's ability to offer end-to-end solutions across the entire trading value chain, from listing, trading to clearing, settlement and custody. It also paves the way for further innovation and growth, empowering clients to optimise their trading strategies and operational efficiencies.

For more information, visit the Euronext Clearing webpage

Euronext Commodity Spread contracts now available for trading

To provide more tools and better opportunities for managing price risk in the global wheat market, we launched the first spread contracts in the European agricultural commodity derivatives market.

Inter-market and inter-commodity spread contracts are now available for trading.

This new set of hedging tools enables to trade a single cash-settled futures contract on Euronext while managing price differentials between Euronext-listed and CME Group-listed wheat futures.

For more information, visit the Commodity Spread Contracts webpage

Swim smoothly through price variations with the Euronext Salmon Futures

Last July, we launched the Euronext Salmon Futures contract, powered by Fish Pool.

Based on the weekly SISALMONI spot index from Sitagri Index Services, a BMR-compliant Price Reporting Agency (PRA), the Euronext Salmon Future  (ESF) is a cash-settled contract that provides a true reference price for the salmon industry.

Cleared by Euronext Clearing and listed on Euronext Paris, the Euronext Salmon Future is a Euro-denominated contract that helps salmon farmers, exporters, importers, processors, fish smokers, hotels, restaurants, catering and supermarkets to manage their price risk and hedge their positions in the value chain of salmon.

For more information, visit the Salmon Futures webpage

Euronext at the European Commodities Exchange

Euronext is proud to be silver sponsor of the 64th European Commodities Exchange in Paris on 5 & 6 December 2024.

Meet us and the Euronext Clearing team, booth #B16 in Le Grand Palais to find out about our latest news and initiatives in the agritcultural commodities and clearing landscapes.
 

Brokers connected to the Euronext MATIF markets

Access the list of brokers connected to the Euronext MATIF markets, including the Request-for-Cross participants for the options market.

Check out the list of Euronext's Commodity Brokers

Find out more

See all our contract on the Euronext Live Markets website.

Contact our team