Euronext has confirmed that its new settlement model for Amsterdam, Brussels and Paris will go live on 21 September 2026.
Under the model, Euronext Securities will become the default CSD for equity and euro‑denominated ETP settlement across the three markets. As first reported by PostTrade360 late last year, the framework also introduces a competitive layer: participants will be able to route settlement to Clearstream Europe, Euroclear Bank, Euroclear Belgium, Euroclear France or Euroclear Nederland as alternative CSDs.
Euronext said the model will allow clients to manage multiple European markets through a single CSD while retaining the option of established providers, supporting a more consolidated and competitive post‑trade landscape in line with the European Commission’s Market Infrastructure and Supervision Package.
