Euronext: Euronext Clearing expansion plan confirmed

(CercleFinance.com) - As announced on 3 November, Euronext has confirmed the first phase of the expansion of Euronext Clearing, aiming to position it as its clearing house of choice for its cash equity markets by the end of Q4 2023.


Euronext also intends to migrate its listed financial derivatives and commodities markets from LCH SA's Amsterdam, Brussels, Lisbon, Oslo and Paris exchanges to Euronext Clearing by Q3 2024.

This migration will be the final step in Euronext Clearing's European expansion as part of the "Growth for Impact 2024" strategic plan, and is expected to generate the annualised synergy target announced for 2024.


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