The strategic cycle that concluded in 2024 focused on integrating a range of infrastructures resulting from the acquisition of various stock exchanges across Europe in recent years. As a result, Euronext now offers nearly 2,000 listed companies access to Europe’s largest liquidity pool (over €10 billion in daily equity trading). We now provide investors and financial intermediaries with a fully harmonised and integrated value chain (listing, trading, clearing, settlement and custody), delivering significant synergies and efficiencies. Companies now benefit from access to more investors, while investors gain access to broader investment opportunities. They also have access to a wider range of assets, including equities, bonds, ETFs, derivatives, commodities, FX, and power.
In November, we launched a new chapter with the unveiling of our ambitious “Innovate for Growth 2027” strategic plan. This plan will build on the infrastructure created over the past few years to significantly enhance Euronext’s value proposition. New products and services have already been announced, including interest rate indices and derivatives, a unique European platform for ETFs and Repos, an expanded global equities offering, a convergence and expansion plan for post-trade services, and new data offerings, among many other initiatives.
Euronext is now the leading European capital market infrastructure and the only European initiative that embodies the vision of a single capital market. This infrastructure is also at the service of the Portuguese economy. In 2024, we supported a particularly dynamic debt market, with more bond issuances, including retail distribution, and abundant secondary market liquidity through our MTS platforms. We also expanded our presence in private capital solutions by consolidating the ELITE programme in Portugal, which now includes 29 Portuguese companies. We continue to serve our listed companies better, both through our Euronext Corporate Solutions business and initiatives like the Euronext Capital Markets Days, which brought 53 investors to Portugal, resulting in over 200 meetings.
In 2025, we will focus on helping Portuguese companies expand their ambitions and explore more diversified financing solutions, particularly through ELITE and the IPOready programme, which already includes 19 companies. We also plan to continue broadening the range of instruments for trading and investment, including debt, equity, derivatives, energy, and forex instruments.
It is with great satisfaction that I share that a significant portion of Euronext’s strategic plan through 2027 will be realised in Portugal. In Lisbon, but particularly in Porto, Euronext will continue to grow one of its main centres of excellence. In the second half of 2025, we will inaugurate our new facilities in Porto, where we are transforming and preserving a historic and beautiful building, and where we aim to accommodate 500 employees in the coming year. From Portugal to the rest of the world, this is a clear signal of confidence in our country and our people.
Finally, and perhaps most importantly, I want to express my deep gratitude for the quality, dedication, commitment, energy, and creativity of our remarkable team in Portugal. Every day, they work tirelessly to find the best solutions for our clients and to deliver a stronger Euronext. To all of you, a heartfelt THANK YOU!
To our clients, regulators, and partners who place their trust in us every day, I also extend my sincerest thanks. We are acutely aware of our responsibility in contributing to your success.
I wish you all a joyful holiday season and a 2025 filled with professional and personal achievements. May it also be a year where the very best of humanity prevails.
Isabel Ucha
CEO, Euronext Lisbon
December 2024
