In March 2022, Euronext Securities Copenhagen and Clearstream announced that they would expand their long-term cooperation by connecting Clearstream directly to the Danish market. One year later, the two companies can look back on a successful migration and collaboration.

With the migration – successfully completed in July 2022 – Clearstream added the Danish market to its global Investor-CSD solution, offering its clients direct access to the domestic market via their existing accounts. Since that time, the Assets under Custody between Clearstream and Euronext Securities Copenhagen has increased by 35%. Euronext Securities has also expanded the range of services it offers to Clearstream, such as specific custody events and tax services, and added other direct access customers during that time.

The successful, incident-free migration was an important milestone in our expanded cooperation, and it’s very rewarding to look back over a year with increased volume and stable operation.

States Niels Hjort Rotendahl, CEO at Euronext Securities Copenhagen. 

We’ve also seen an increase over the past year in the demand for new services from our customers who want to access the market directly. This fits the trend that we see developing across the European market.

Dirk Loscher, Head of Custody & Investor Solutions at Clearstream, credits the good cooperation between the two companies as a key success factor.

We’ve worked closely with Euronext Securities Copenhagen over the past year to ensure a smooth and successful migration for all of our clients. We are looking forward to continuing to expand Clearstream’s European footprint with our local partners to ensure maximum efficiency and best client experience for the investor and asset servicing community.

Contact:

Henrik Ohlsen - Head of Nordic Client Relations & Sales Euronext Securities -  HOhlsen@euronext.com

How can the institutional market join the dots to encourage Retail investor access?

Euronext’s Dirk Donker joined The TRADE’s Retail Roundtable to discuss the ever-growing rise of retail, one of the industry’s hot topics in 2023 both from an innovation and regulatory standpoint.

They pointed out the differences in retail investment culture in Europe, the UK, the US and Asia, how market participants increasingly recognise the importance of treating retail investors equally and how beneficial retail engagement is for market liquidity, resulting in a greater need to explore the current barriers to entry and outline a roadmap for future progress.

At Euronext, we believe that retail investors are crucial to a diverse and healthy liquidity, one of the key factors of Euronext’s market quality, and that education is of vital importance to raise awareness for the various investor profiles, as was demonstrated in a survey with retail investors Euronext conducted jointly with ABN Amro.

In line with Euronext’s commitment to facilitate retail investor access to financial markets with superior market quality, Euronext is continuing to innovate with:

• The expansion of its Global Equity Market (GEM), a one-stop-shop MTF that enables retail investors to trade a wide variety of pan-European and US stocks, also with a Trading After Hours session running until 20:30 CET

• The growth of Best of Book, its best execution service for retail flow, which Euronext is working on extending in Italy and making more accessible to its retail members in light of increasing competition

Watch the four instalments of the roundtable here:
 

Episode 1
Unpacking the global landscape
Why and how markets differ from region to region

Episode 2
A closer look at behaviour patterns
How, when and what those active in these markets trade

Episode 3
The evolution of institutional access
How do they interact with the retail market and the importance of execution/price transparency

Episode 4
Regulatory hurdles
The dream of harmonisation in Europe, data access and post-trade

Thank you Annabel Smith (The TRADE), Wail Azizi (Equiduct), Nicky Maan (Spectrum), Martin Hendry (Liontrust Asset Management PLC) for these insightful interactions.