LCH.Clearnet and NYSE Euronext agree on the main terms of a long-term agreement for cash equity clearing

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Clearing fees will be reduced by 20% for market participants 

Paris, 24 December 2012 LCH.Clearnet SA, the Paris-based clearing house of LCH.Clearnet Group, and NYSE Euronext today jointly announced they have reached an agreement on the main terms and conditions of a six year clearing contract with respect to NYSE Euronext’s continental cash equities markets. The Parties are currently reviewing the technical elements and are in the process of finalising the agreement.

The agreement is expected to commence on 1 January 2013 and will run through 2018. The new contract would then replace the existing contract that was due to end on 31 December 2013 for cash equity transactions.

The contract, once signed, would enable LCH.Clearnet SA to further reduce clearing fees for clearing members. Fees will be reduced from €0.05 to €0.04 for blue chips stocks.

Christophe Hémon, Chief Executive of LCH.Clearnet SA, said: “We are delighted to continue providing clearing services for NYSE Euronext by extending our long-standing relationship. This is testament to our industry-leading risk management and the choice it brings to clients and financial market participants.”

Roland Bellegarde, Group EVP for European Equities and Equity derivatives at NYSE Euronext, added: “We are pleased to have negotiated the main terms of an agreement with LCH.Clearnet SA which would allow our customers to maintain their infrastructure with their existing clearing house. This six year agreement, once in place, will contribute towards ensuring that market participants have access to a robust, regulated and organised clearing house. Following our negotiations with LCH.Clearnet SA, clearing costs are expected to decrease 20% for blue chips, the largest segment of the cash equity clearing business.”

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About Euronext 
Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway and Portugal.
As of September 2025, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal host over 1,700 listed issuers with €6.5 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.
In November 2025, Euronext successfully acquired a majority stake in the Athens Stock Exchange (ATHEX), further expanding its footprint and strengthening its pan-European market infrastructure.

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