The TRADE

JUNE 26, 2023

Euronext acquired its clearing house – formerly CC&G – as part of the Borsa Italiana deal in 2021. “Euronext and LCH SA are committed to working together to ensure an orderly migration of clearing flows from LCH SA to Euronext Clearing,” said Euronext in a statement.

Proprietary Trading 59

Proprietary Trading Trading Equities Business 59

The TRADE

JUNE 2, 2023

The exchange group set out plans at the end of 2021 to grow the Euronext Clearing’s headcount by 65% at the end of 2023, amounting to roughly 50 new hires across its risk, technology, sales and product development functions. The ongoing clearing migration is expected to contribute significantly to €115 million in synergies by the end of 2024.

Business 59

Business Investment Proprietary Trading Trading 59

The TRADE

APRIL 30, 2024

These measures included mandates for constraints on proprietary trading (known as the Volcker Rule), and enhanced supervision of derivatives markets, as well as increased capital reserves. A key aspect of Mifid II, is the expansion of transparency requirements, namely in the trading of financial instruments.

Financial Institution 69

Financial Institution Financial Market Risk Management Banking 69