The phrase ‘It’s good to talk’ will be familiar to many of us. Erik Bartolucci, ETF capital markets specialist at L&G Asset Management reckons the same could be said for ETF market participants. At the upcoming PostTrade 360° 2025 conference, he will dive into how ETF market participants might be able to contribute to the development of a unified European capital market infrastructure in a panel titled “As ETFs grow, what’s in it for operations”.
The major talking point in this context is of course the upcoming launch of Euronext ETF Europe, an initiative designed to address market fragmentation and create the first truly pan-European ETF market.
It is widely accepted that market fragmentation contributes to inefficiency by forcing issuers to list products across multiple venues to access different geographies, distributing liquidity across various trading books. Most importantly, it also contributes to inconsistent and costly post-trade processes.
The Euronext project aims to remove these barriers by bringing together ETF trading across its markets in Amsterdam, Milan, and Paris with a single European order book in addition to harmonised membership, market data access, and post-trade infrastructure.
One for all
“The prospect of deeper liquidity on book is a crucial development,” says Bartolucci. Other talking points during the panel will include challenges around creating standardised post-trade processes.
“This will be one of the key take-aways,” adds Bartolucci. “Engagement across all market participants is critical to the development of effective and sustainable post-trade solutions.”
Have you signed up yet to be in Stockholm for PostTrade 360° 2025 on 3–4 September? It’s free for securities operations pros, both trading and investor sides! (Vendor firm representatives need a sponsorship agreement.) The powerful event website lets you register, see all other delegates, schedule sessions and meetings, and message. Find all related articles, including loads of teaser interviews, here.
