Amsterdam, Brussels, Dublin, Lisbon, London and Paris – 14 August 2018 – Euronext, the leading pan-European exchange in the Eurozone, today announced the acquisition of approximately 8% of additional interest in FastMatch, a global FX spot market operator, operating as a Euronext company since August 2017. In combination with the stake in the Company that Euronext acquired in August 2017, Euronext now owns an approximate 97.3% interest in FastMatch.

The additional interest was acquired by purchasing the remaining shares owned by Dmitri Galinov, co-founding CEO of FastMatch, for $.001 per share, following his termination for cause by FastMatch. The shares were purchased pursuant to the agreement signed at the time of the acquisition of the Company.

Kevin Wolf, US Head of FICC for Euronext and member of the FastMatch Board of Directors since September 2017, was appointed CEO of FastMatch in June 2018 by the Board of Directors of FastMatch, Inc., following Galinov’s termination. 

Amsterdam, Brussels, Dublin, Lisbon, London and Paris – 6 August 2018 – Euronext, the leading pan-European exchange in the Eurozone, today announced trading volumes for July 2018.

Cash trading

In July 2018, the average daily transaction value on the Euronext cash order book stood at €7,313.3 million, down −4.0% compared to July 2017 and down −17.1% from the previous month.

The average daily transaction value on the ETF order book^[1] was €213 million, down −7.2% compared to July 2017 and down −20.2% from the previous month. At the end of July 2018, 1,085 ETFs were listed on Euronext compared to 1,048 at the end of December 2017.

Derivatives trading

In July 2018, the overall average daily volume on derivatives reached 543,902 contracts, up +9.3% compared to July 2017 and down −6.6% compared to the previous month.  In detail:

• the average daily volume on equity index derivatives reached 198,013 contracts, down −11.4% compared to July 2017 and down −18.6% from the previous month,
• the average daily volume on individual equity derivatives reached 261,776 contracts, up +28.5% compared to July 2017 and down −5.4% from the previous month,
• the average daily volume on commodities derivatives reached 84,113 contracts, up +19.6% compared to July 2017 and up +35.1% from the previous month.

At the end of July 2018, the overall average daily volume on Euronext derivatives stood at 590,053 contracts (+5.0% compared to the end of July 2017) and open interest was up at 19,424,859 contracts (+20.3% compared to the end of July 2017).

FX spot trading

In July 2018, the average daily volume on the spot foreign exchange market of FastMatch, operating as a Euronext company since August 2017, stood at $20,019 million, up +11.1% compared to July 2017 and down −10.0% from the previous month.

Listings

In July 2018, Euronext welcomed the listing of Logis Confort, a Spanish real estate investment trust^[2], and six listings that raised €83 million altogether. In addition, €36.7 billion was raised on Euronext in bonds, and €2.4 billion in follow-on equity.

SOLID PERFORMANCE DRIVEN BY THE CONSOLIDATION OF EURONEXT DUBLIN AND CONTINUED COST DISCIPLINE

Amsterdam, Brussels, Dublin, Lisbon, London and Paris – 3 August 2018 – Today Euronext, the leading pan-European exchange in the Eurozone with 1,300 listed issuers, announces its results for the second quarter of 2018.

Solid performance for the second quarter of 2018

• Increase in revenue to €157.3 million (+14.6%^[1]):
  • Listing revenue of €28.4 million up +20.3%, resulting from the consolidation of Euronext Dublin and improved primary markets, offsetting a moderate activity in secondary markets
  • Cash trading revenue at €53.9 million up +7.1%, thanks to a sustained market share, at 66.1%, efficient yield management, at 0.51bps, and stable volumes (Cash ADV at €8.4bn, down -2.5%)
  • Market data and indices revenue of €29.4 million up +12.9%
  • Growing contribution to the Group’s revenue from revenue diversification initiatives with Euronext Dublin contributing €8.7 million, FastMatch €5.6 million and Agility for Growth initiatives €4.0 million
• EBITDA up, at €88.6 million (+11.9%), with a 56.3% margin (-1.4pts)
  • EBITDA margin for core business[2] and Agility for Growth, excluding clearing, at 60.0%[3] (up +1.2pts compared to Q2 2017)
  • €18.8 million of cumulated core business gross efficiencies achieved since Q2 2016 thanks to continued cost discipline
  • Group costs up due to recent acquisitions (Euronext Dublin and FastMatch) and transactions costs, while core business costs down
• Growth in EPS (basic) to €0.81 (+4.9%). Adjusted EPS at €0.90[4] (+13.8%)
  • Net income, share of the Group, at €56.6 million up +5.0%: strong cost discipline and incremental contribution from LCH SA equity stake offsetting higher exceptional costs

First half of 2018 EBITDA up, at €176.7 million (+18.1%) and EBITDA margin at 58.1% (+1.4pts compared to H1 2017)

Successful migration of Euronext cash markets to Optiq®

• Optiq®, the new proprietary trading platform brings a tenfold increase in capacity, cutting-edge performance in terms of latency and optimized hardware footprint. The migration follows the implementation of the Market Data Gateway in July 2017 and the migration of fixed-income instruments to the platform in April 2018

Stéphane Boujnah, Chief Executive Officer and Chairman of the Managing Board of Euronext, said:

“In the second quarter of 2018, Euronext reached a historical milestone with the migration of its cash markets to Optiq®, our new state-of-the art trading platform. Optiq® provides our clients with cutting-edge performance in terms of latency as well as time to market and flexibility while allowing for optimized hardware footprint. Our new proprietary trading platform enhances our agility and independence, strengthens the value proposition of our federal model, and fosters innovation.

The second quarter also saw the first contribution from Euronext Dublin, that diversifies our revenue profile, strengthens our listing franchise and positions Euronext as the world leading listing venue for debt. Our teams are now working on the integration that is progressing as planned.

Thanks to its continued cost discipline, Euronext achieved a 56.3% EBITDA margin at Group level, while delivering on these major projects. Within the scope of our strategic plan, this translates into a 60.0% EBITDA margin for core business and Agility for Growth initiatives, excluding clearing and new perimeter, for the quarter, and a 61.8% EBITDA margin for the first half of 2018”

Paris – 30 July 2018 – AudioValley, a pioneer in BtoB digital audio, listed today on the Euronext Growth market in Paris.

Founded in 2003, AudioValley is a Belgian company with three business divisions, all in digital audio: Radionomy, a digital radio audience aggregation and monetisation solution; Storever, a one-stop shop in audio and video point-of-sale broadcasting solutions; and Jamendo, a unique music platform for consumers and professional media projects. The company operates in seven countries (Belgium, France, Germany, Spain, Luxembourg, China and the United States). In 2017 it reported pro forma revenues of €20 million.

AudioValley (ticker symbol: ALAVY) was listed on 30 July 2018 through the admission to trading of 7,731,574 shares making up its capital, including 2,105,388 new shares issued through a Global Offering^[1] after partial exercise of the extension clause.

The offering price was set at €4.53 per share. Market capitalisation on the day of listing was €35 million.

On this first day of trading, Alexandre Saboundjian, CEO and founder of AudioValley, said: “We are delighted with the success of AudioValley’s listing on Euronext Growth. I would like to thank all of our new shareholders, both institutional and retail, for their confidence, with particular thanks to the investment professionals that committed to subscribing shares in the pre-IPO period. We now have the financial resources we need to take full advantage of the potential of digital audio. And we are poised to make the most of accelerating growth in all our activities.”

Amsterdam, Brussels, Dublin, Lisbon, London and Paris –  30 July 2018 – Euronext today announces that the Supervisory Board has approved unanimously the appointment of Chris Topple as CEO of Euronext London, Head of Global Sales and a member of the Managing Board of Euronext N.V., subject to all relevant shareholder and regulatory approval.

Chris Topple, who worked extensively in brokerage and clearing services throughout his career, will oversee sales across all asset classes. He will take up his new role based in London on 15 October 2018. Paul Humphrey, current interim CEO of Euronext London and Head of Global Sales, will remain in his current role as Global Head of FICC.

Stéphane Boujnah, Euronext CEO and Chairman of the Managing Board, said: “We are pleased to welcome Chris Topple to Euronext. His deep knowledge of the industry and experience in managing sales and generating revenues both within established and start-up environments will be a great addition to the team as we continue the transformation of Euronext into an agile, ambitious and successful market operator. I would also like to thank Paul Humphrey for his contribution during this interim period and for his continued service as Global Head of FICC.”

Chris Topple said: “I am delighted to join Euronext’s leadership team. There are many opportunities for a European exchange as successful and innovative as Euronext, and for that reason I am thrilled to be part of a team that is making a real difference in shaping the market structure going forward. I am also looking forward to contributing to the growth and  the strong ambitions of Euronext, while continuing to focus on clients as a central tenet of our strategy.”

Chris Topple has been co-head of Societe Generale Prime Services, a global multi-asset, multi-instrument prime brokerage proposition, including financing, custody and execution since May 2015. Previously, he was responsible for leading the Prime Brokerage and Clearing Services (PCS) sales teams globally within Societe Generale’s Newedge Group. Chris joined Newedge from Lehman Brothers / Nomura in 2012, where he spent five years as Co-Head of Prime Brokerage Sales.  Prior to Lehman Brothers, Chris worked for JP Morgan from 1993 to 2005 in a variety of senior roles, including Global Head of Electronic Trading Sales across Fixed Income, European Head of Fixed Income Prime Brokerage Sales and Head of European Clearing Sales. Chris holds a BSc in European Business with Technology Politecnico di Torino from Italy and Brighton Polytechnic.