Anthony Attia, Euronext Global Head of Derivatives & Post Trade discusses the successful expansion of Euronext's clearing offering to our cash markets in France, Belgium, Ireland, the Netherlands, and Portugal, in addition to Italy.
Euronext Clearing is now the preferred Central Counterparty (CCP) for Euronext’s cash markets, handling approximately 25% of European cash trading. This strategic initiative stands as a crucial stride in establishing the foundation of the Capital Markets Union in Europe.
Since introducing our strategic plan, "Growth for Impact 2024," we have been dedicated to crafting the leading market infrastructure in Europe, spanning the entire spectrum of the capital markets value chain. The recent expansion of our clearing activities represents a significant accomplishment that directly enhances the benefits for our clients.
Looking forward, our trajectory includes further growth by the close of 2024, where we anticipate extending our clearing services to encompass financial derivatives and physically delivered commodities products across all Euronext markets.
We extend a warm thank you to our members, partners, and the remarkable #Euronext teams for their unwavering dedication to this pivotal project. Together, we are shaping capital markets for future generations.
Pleasure to have you at this year' #DerivativesForum Amsterdam !