SIX introduces preferred clearing for Euronext markets
From March 2025, SIX x-clear’s preferred clearing services will be available for Euronext trades, with Euronext Italy joining by Q2 2025.
From March 2025, SIX x-clear’s preferred clearing services will be available for Euronext trades, with Euronext Italy joining by Q2 2025.
Specifically, the offering introduces the first mini futures cash-settled on European government bonds.
Overall trading revenues grew 14% year-on-year to €559 million, driven by strong results within its fixed income, FX and cash trading segments.
New development aligns with Euronext’s plan to expand its Italian repo clearing franchise to a wider range of European government bonds.
A report released on Tuesday by Market Structure Partners claims exchanges are leveraging an “incumbent advantage” to enforce “inexplicable price rises” in market data pricing.
Thought leaders from Instinet, Duco, Cboe Clear Europe, SteelEye, and Euronext unpack the plethora of market structure and regulatory changes expected in 2025 and beyond, touching on T+1, DORA, Emir 3.0 and more.
Expanded offering will give investors increased access to key assets in Europe through Euronext’s single order book.
New initiative was established to further develop BondVision and has received support from dealers including JP Morgan, Morgan Stanley and Citi.
The deal enhances Euronext’s investor services segment, strengthening the business’ proximity to the buy-side community.
New offering comprises 26 indices which measure the total return of Euro-denominated government bonds from ten Eurozone countries.