The ambition behind our European Offering has been clear from the outset: to build a more connected, efficient and scalable post-trade environment across Europe.
Today, we are entering a decisive phase of that journey, shifting from design to implementation, with progress now taking shape more concretely across the markets as we progress toward the launch in September 2026.
Why this matters now
European capital markets remain highly fragmented, particularly in post-trade processes. For participants and issuers across our markets, this fragmentation is not an abstract structural consideration. It is a daily operational reality: maintaining multiple connections to access multiple markets, navigating different local practices and managing parallel processes. For issuers, it can also constrain access to a broader European investor base.
Policy efforts such as the Market Integration and Savings Package (MISP), a European initiative aimed at simplifying market infrastructure and improving cross-border efficiency, are reinforcing the drive toward more interoperable capital markets.
Euronext Securities' European Offering is designed to work in the same direction, enabling a more unified approach to issuance, settlement and custody across markets.
As we move forward, your engagement is key.
Only the beginning
On 21 September 2026, Euronext Amsterdam, Brussels and Paris will designate Euronext Securities as the default Central Securities Depository (CSD) for the settlement of equity transactions and ETP euro transactions executed on these markets. This is a direct and concrete change for participants active on these exchanges.
We are currently in an important testing phase, running over the coming months.
This is an opportunity to validate connectivity, processes and end-to-end workflows across our network. Leading custodians are already actively engaged, reflecting the strong industry support that is essential to ensure readiness ahead of migration and successful transition.
Our teams are fully mobilised to support you: providing documentation, guidance and tailored expertise to help you identify the right setup for your organisation.
September 2026 is just a starting point, not an end state.
This is the beginning of a more integrated European market infrastructure, built with and for the participants who rely on it every day and one that will continue to evolve with your needs.
We look forward to continuing this journey with you.