Euronext has launched Euronext ETF Europe, the region’s first fully integrated marketplace for exchange-traded funds (ETFs) and exchange-traded products (ETPs). In a press release, Euronext reveals that the marketplace offers listing, trading, clearing, and settlement in one integrated environment with the aim of improving efficiency and transparency for the entire value chain.
With Euronext ETF Europe, ETF issuers need only list a product once on a single Euronext platform to reach all Euronext markets. A broad range of products are accepted, covering multiple asset classes and benchmarks. Issuers may also offer the same product in different currency denominations. Simpler administrative processes and less regulatory duplication enable faster time-to-market and increased reach.
Brokers and trading members will get access to the full range of ETFs available on Euronext. This is made possible through a harmonised membership model and unified infrastructure. A centralised order book will consolidate liquidity across jurisdictions to enable more effective price discovery, narrower spreads, and improved execution quality.
All transactions will be cleared through Euronext Clearing. For the post-trade sector, this should result in reduced operational burdens, capital requirements, and optimal netting. EUR-denominated ETFs will be settled through Euronext Securities via the TARGET2-Securities (T2S) platform. A straight-through processing (STP) workflow and a new post-trade confirmation system are in place, but to facilitate a smooth transition, existing settlement arrangements for trading members can remain in place until September 2026.
Anthony Attia, global head of Derivatives and Post-Trade at Euronext, says, “By creating the first fully integrated ETF ecosystem across jurisdictions, we are not only removing long-standing structural inefficiencies, but also setting a new standard for transparency, accessibility, and scale in European investing. This initiative is a cornerstone of our commitment to driving industry leadership in the development of a European Savings and Investments Union (SIU).”
