NextTrack is Euronext’s dedicated product segment for trackers and structured funds.

NextTrack offers investors:

• An extensive selection of trackers and structured funds on a large number of leading indices. These include national indices such as the Dutch AEX index, the Belgian BEL20 index and the French CAC40 index, regional indices such as the euro-zone Dow Jones EURO STOXX 50 index and the pan-European Dow Jones STOXX 50 index, and sector indices that cover specific fields, such as the FTSE Global Autos index (click here for a complete list);
• Competitive listing and trading fees;
• Extensive and up-to-date trading information on all trackers and structured funds listed on NextTrack. Euronext calculates and disseminates the indicative NAV of all trackers and structured funds every 15 seconds, and publishes the most recent tracker and structured fund prices (with a 15-minute delay) on an intraday basis. The official net asset value is published once a day;
• Support through marketing and educational activities.

Trading facilities on NextTrack (for professionals)

• Volatility trades in options and exchange-for-physical (EFP) transactions involving futures;
• Centralised borrowing and deferred settlement service in Paris (for trackers only).
  

Listing

Admission
Trackers and structured funds can be listed on NextTrack via one of Euronext’s three entry points: Amsterdam, Brussels and Paris. Once admitted to NextTrack, they are traded via the NSC electronic trading system.

Listing rules
See the conditions for admission to listing.

Trading

Admission:

• Anyone can invest in trackers and structured funds. All investors (whether private, professional or institutional) who are not members of Euronext can buy and sell trackers and structured funds through their banks or brokers.
• Euronext members can place orders directly on the NSC system.

Trading rules
Trackers and structured funds admitted to trading on NextTrack must comply with the rules laid down in the Euronext Rule Book.