Euronext and Shenzhen Stock Exchange Announce Partnership on Exchange Traded Funds and Indices

Back

Shenzhen, Amsterdam, Brussels, Lisbon, London and Paris - 19 May 2015 – Euronext and the Shenzhen Stock Exchange (SZSE) today announced the signing of a Memorandum of Understanding (MOU) to enhance the development of Exchange Traded Products (ETPs) in the Republic of China and the Euronext markets. The MOU is the starting point for collaboration on joint development, research, marketing and specialized trading technology, as well as co-branding of indices and Exchange Traded Products.

The two exchanges have agreed to work closely together to develop ETP trading further. In order to facilitate Chinese residents’ effective and convenient investment in the European market, and European investors in the Chinese market, Euronext and SZSE will collaborate to identify ways to promote cross listings of ETPs where such cross listings are permitted by applicable law or regulation. The exchanges will also collaborate on index-related subjects, research papers or, when appropriate, on index compilation based on global or local markets. Both exchanges will also support each party’s licensing of market data in the other party’s market.

Euronext and SZSE will explore the possibility of further future cooperation on other relevant subjects, such as the development of capital raising facilities for small and medium enterprises, dual listing, the fixed income market and off-shore RMB products.

Our partnership for the joint development of Exchange Traded Products and Indices in China and Europe is an exciting development,” said Lee Hodgkinson, Head of Markets and Global Sales at Euronext. “The Chinese financial markets are undergoing a remarkable transformation and we are privileged to be in a position to jointly develop innovative new products and create opportunities for trading and investment across both regions.” 

Liyang Jin, Executive Vice President of SZSE pointed out that, “The Chinese capital market is undergoing profound changes and reform. Besides improving basic equity products, the SZSE is also enriching the product line and building a more open market to provide more liquidity and risk management tools for domestic and foreign investors. The cooperation with Euronext will further facilitate cross-border investment and financing activities.

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With close to 2,000 listed issuers and around €5.8 trillion in market capitalisation as of end June 2022, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2022, Euronext N.V. - All rights reserved.