Dear client,
Post-trade in Europe is changing - and we are building it together.
Since the start of 2026, the pace of delivery across Euronext Securities has accelerated considerably. I wanted to take a moment to share what we have achieved, what is coming next, and - most importantly - to thank you for being part of it.
New platforms, live and growing
In Portugal, we have extended our new Corporate Actions platform to all asset classes Q1 2026. In Denmark, we have opened our National Numbering Agency platform to client testing from February 2026 and gone live with our new Shareholder Register and General Meeting platform - now also live in Norway.
We are now preparing for the next wave: the full roll-out of our Corporate Actions platform in Denmark and Italy. For clients operating in both markets, this will mean a single instruction format for corporate events across borders and improved, harmonized straight-through processing. The principle behind all of this is simple: what we build in one market should benefit every market.
In Greece, we have launched the integration of Euronext Securities Athens into the group and communicated to the local market and to the ECB our plan to migrate to T2S and our new Convergence platform by 2029. This matters beyond Euronext - it is a meaningful step forward for the attractiveness and ease of access of the Greek capital market.
Our European offering is becoming real
The most significant milestone of this period is one we have been working towards for years: the new settlement model for Belgium, France and the Netherlands, on track for go-live in September 2026. We are now in the testing phase. Major institutions including BNP Paribas, Citi and Caceis are actively working with us to enable their clients to opt for Euronext Securities. This is not a product launch. It is a structural shift in how European securities are held and settled - one that reduces operational layers, lowers costs, and opens new possibilities for your cross-border business. And it is just the beginning.
The migration of existing listed issuers to Euronext Securities has also started. That is a clear signal of confidence - from issuers who had a choice, and chose us.
New services for a fast-changing environment
We are investing beyond the core infrastructure. Our partnership with HC Andersen Capital brings digital investor relations, ESG advisory, legal advisory, corporate finance, and shareholder identification tools directly into our offering. This integration supports Danish issuers with governance, compliance, and investor communication in a coordinated framework, simplifying key capital market activities such as general meetings, market disclosures, and investor dialogue. Our collaboration with Admincontrol adds secure board portal and governance management capabilities for boards and executive teams, including document sharing, e-signatures, meeting management, and secure communication. More services are in the pipeline, shaped by ongoing client dialogue and built on new technologies to meet the evolving needs of tomorrow.
A genuine thank you
None of this would be possible without you. Many of you are directly involved in these projects - as testers, integration partners, reviewers, and honest voices when something needs to improve. Your commitment, your patience, and your ambition for what European post-trade can become: these are what actually drive this work forward.
I mean this simply: thank you. I look forward to what we will build next - together.
Pierre Davoust
Head of Euronext Securities
Articles in this edition:
European Offering: From design to delivery
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. CC
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.
Author: Jerome Blais, Head of European Expansion, at Euronext Securities
European Offering: From design to delivery
Euronext Securities Convergence programme: accelerating European post-trade harmonisation and innovation
The Euronext Securities Convergence programme continues to advance, with clients engaged across all locations and an ambitious roadmap for the future. The aim is clear: to harmonise post-trade services across European markets by delivering a unified platform and enhanced value for clients and stakeholders.
Author: Marie Thomas, programme executive for Convergence
Euronext Securities Convergence programme
Bringing together the fixed income value chain: trading, clearing and settlement
European fixed income markets are operating in a more demanding macro-financial environment. Higher interest rates, increased sovereign issuance and evolving regulatory requirements are influencing how government and corporate bond markets function across the continent.
While discussions around liquidity conditions remain central, attention is increasingly turning to the market infrastructure that supports trading, financing, risk management and settlement. The structure of the fixed income transaction lifecycle, from execution to post-trade, plays a significant role in shaping efficiency and resilience.
Bringing together the fixed income value chain: trading, clearing and settlement
AGM and governance update: digital innovation, strong engagement and new partnerships
As we reach the midpoint of the 2026 AGM season, Euronext Securities continues to support issuers and shareholders across Europe with innovative, secure and flexible meeting and governance solutions. This year’s trends highlight a blend of digital transformation, strong shareholder participation and new partnerships that are shaping the future of corporate governance.
AGM and governance update: digital innovation, strong engagement and new partnerships
Strengthening fixed income markets with data insights
Efficient fixed income markets rely on transparency, accurate valuation, and liquidity. For issuers, asset managers, and CSD participants, having reliable data on repo activity, bond fair pricing, and liquidity is essential for managing risk, optimising funding, and maintaining confidence in the market.
To support market participants more effectively, Euronext Securities has recently developed three new data service offerings designed specifically for data vendors, issuers, asset managers, and CSD participants. These services provide actionable insights that help participants make informed decisions, manage risk, and enhance operational efficiency across the bond market.
Author: Jacopo Crea, Product and Development Manager & Vilde Eiesland, Head of Data Services Sales
Strengthening fixed income markets with data insights
Unlocking value through tax services: An interview with Stef Lambersy, Head of CSD Tax Services
Tax Services are a crucial part of Euronext Securities’ offering, helping clients navigate complex regulations and optimise their operations. We sat down with Stef Lambersy, CEO of Acupay and Head of CSD Tax Services, to discuss the challenges and opportunities in this field, and how his team is making a difference for clients.
Author: Stef Lambersy, Head of CSD Tax Services
Unlocking value through tax services: An interview with Stef Lambersy, Head of CSD Tax Services