Euronext lance un service de négociation multidevise pour ETF

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The first U.S. or European exchange to launch the CNY and the HKD
20 currencies available

Amsterdam, Brussels, Lisbon and Paris – 24 January 2014 – Euronext, a wholly owned subsidiary of IntercontinentalExchange Group (NYSE: ICE), today announced the launch of a multicurrency trading service for Exchange Traded Funds (ETFs), including for the first time on a U.S. or European exchange, the Chinese Yuan Renminbi (CNY) and the Hong Kong Dollar (HKD), subject to approval of relevant clearing authorities. The new service will allow international investors to trade any Euronext listed ETFs in 20 different currencies1 . Euronext plans to make it available from Monday 17th February 2014. 

By offering investors the possibility of buying an ETF in multiple currencies, Euronext is considerably simplifying access to the international markets, reducing currency exchange risk and foreign exchange costs, and providing investors broader investment opportunities. 

The service allows for easier asset gathering for issuers as their exposure to a deeper pool of global investors is increased. They will also no longer need to create a separate fund with a different ISIN code to list in another currency.

Lee Hodgkinson, Head of Markets and Global Sales Euronext, said, “We are excited to offer such a large number of different currencies and particularly proud to be the first U.S. or European exchange to offer the Chinese Renminbi and the Hong Kong dollar. This initiative makes trading ETFs in a different currency easier, simpler and more efficient for both issuers and investors.  International investors can now buy ETFs in one of 20 different currencies on the Euronext platform giving them broader investment opportunities, while  issuers can improve their product visibility and enlarge their target audience.”

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About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
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