Trading & Products - Fees & Charges
Euronext Cash Markets: Fees & Charges
Trading in equities and rights on Euronext’s regulated cash markets is charged according to:
- the trading mechanism (auction, continuous, trading-at-last)
- the level of liquidity.
The fee scheme has been designed to:
- offer lower tariffs on the most liquid equities
- encourage liquidity elsewhere in the order book.
All customers can benefit from the same trading fee, with no distinction between activity types.
Euronext Derivatives Markets: Fees and Charges
The document below provides full details of subscriptions, fees and charges for Euronext Derivatives products and services. All cleared contracts are booked onto one of the accounts of the assigned member. The assigned member will be charged a trading fee for those contracts, based on, inter alia:
- the product
- the account type
- the role of the member.
Membership Fees
Euronext does not charge one-off joining or annual membership fees.
Connectivity Fees
Members are charged for their order entry session, or SLE, connections (i.e., those dedicated, logical connections between each individual member and Euronext’s Universal Trading Platform).
Members are also charged for access to TCS-Web, the Web-based version of our trade confirmation system. Access via the trading platform or e-TCS is free.
In addition, members and application service providers (ASPs) are charged a connection fee. Please contact the Client Coverage Centre for more information on connectivity fees.
Clearing and Settlement Costs
Euronext's clearing and settlement partners charge fees for their services. For details, please contact the relevant organisation directly.