Euronext Expands ETF Activities To London

by Finance Magnates Staff
  • ETF issuers can now access the UK investor base alongside the existing eurozone trading and distribution network.
Euronext Expands ETF Activities To London

Euronext, one of the primary exchanges in the eurozone, announced today that it has extended its range of ETF activities to London. The move will enable ETF issuers to access the UK investor base alongside its existing eurozone trading and distribution network and is part of its efforts to expand its global reach. Euronext also recently entered into a new market data agreement with three Chinese data vendors to help facilitate the spread of the Exchange ’s market data across China.

We are helping Eurozone ETF issuers to extend their reach to UK investors and generate additional Liquidity .

Issuers will also benefit from competitive pricing, superior European cross listing efficiency and reduced time to market. Lyxor today listed the first two ETFs on Euronext London, the Lyxor UCITS ETF FTSE EPRA/NAREIT Global Developed and the Lyxor UCITS ETF Euro Stoxx Banks.

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Euronext provides ETF issuers with access to five European markets including Amsterdam, Brussels, Lisbon, Paris and now London, its FCA-recognised Investment Exchange. The service is delivered through a single entry point, on one technology platform with a harmonised rulebook. Clearing and settlement for London ETFs will take place through EuroCCP and Euroclear UK & Ireland respectively. The first trading participants on Euronext London include Société Générale and Kepler Cheuvreux.

Lee Hodgkinson, Head of Markets and Global sales and CEO Euronext London commented: “London is an important ETF market and the UK distribution network is increasingly valuable. By bringing together our unparalleled capital markets community we are helping Eurozone ETF issuers to extend their reach to UK investors and generate additional liquidity.”

Euronext, one of the primary exchanges in the eurozone, announced today that it has extended its range of ETF activities to London. The move will enable ETF issuers to access the UK investor base alongside its existing eurozone trading and distribution network and is part of its efforts to expand its global reach. Euronext also recently entered into a new market data agreement with three Chinese data vendors to help facilitate the spread of the Exchange ’s market data across China.

We are helping Eurozone ETF issuers to extend their reach to UK investors and generate additional Liquidity .

Issuers will also benefit from competitive pricing, superior European cross listing efficiency and reduced time to market. Lyxor today listed the first two ETFs on Euronext London, the Lyxor UCITS ETF FTSE EPRA/NAREIT Global Developed and the Lyxor UCITS ETF Euro Stoxx Banks.

The new world of online trading, fintech and marketing - register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

Euronext provides ETF issuers with access to five European markets including Amsterdam, Brussels, Lisbon, Paris and now London, its FCA-recognised Investment Exchange. The service is delivered through a single entry point, on one technology platform with a harmonised rulebook. Clearing and settlement for London ETFs will take place through EuroCCP and Euroclear UK & Ireland respectively. The first trading participants on Euronext London include Société Générale and Kepler Cheuvreux.

Lee Hodgkinson, Head of Markets and Global sales and CEO Euronext London commented: “London is an important ETF market and the UK distribution network is increasingly valuable. By bringing together our unparalleled capital markets community we are helping Eurozone ETF issuers to extend their reach to UK investors and generate additional liquidity.”

About the Author: Finance Magnates Staff
Finance Magnates Staff
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About the Author: Finance Magnates Staff
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