This report focuses on the performance of the Euronext Global Equity Market (GEM) since the US election in November 2024.

US election impact on equity trading: 
Euronext Global Equity Market volumes have tripled

Executive Summary
 

1. How did US stock volumes grow on Euronext GEM following the US Presidential Election in November 2024? Highest volumes ever on 6 November 2024 with €178 million traded on that day, of which €160 million was on US stocks. Since the US election, GEM volumes have been consistently above €100 million per day.
    
2. What is the volumes weight of US stocks, compared to all stocks available on Euronext GEM? The contribution US stock volumes to total GEM volumes increased from 80% before the election to 90-95% afterwards.
    
3. What are the most traded US stocks which recently overperformed? There were 12 US stocks which recorded more than 2x growth in value traded on Euronext GEM after the US election.
    
4. Euronext GEM growth is also the result of an ongoing expansion plan: several new stocks from the US and Europe were added to GEM in November 2023, and a new liquidity scheme has been launched in November 2024.
    

To find out more about the performance, download the Equity Market Analysis.

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December 2024

Positioning Euronext Securities as the CSD of choice for European capital markets

Innovate for Growth 2027

Euronext is excited to introduce "Innovate for Growth 2027," our new three-year strategic plan designed to drive innovation and create value for clients across Europe and beyond.

As part of this strategy, Euronext is placing a strong focus on enhancing the role of its Central Securities Depositories (CSDs) in the European financial ecosystem. Our aim is to position Euronext Securities as the CSD of choice in Europe, delivering innovative settlement and custody services that unlock new opportunities for raising capital, investing, and trading across borders.

Strengthening Europe’s Capital Markets

Key initiatives include:

• Expanding settlement and custody offerings: Introducing value-added services to address the evolving needs of clients.
• Enhancing data capabilities: Providing advanced data products and analytics to empower decision-making from pre-trade to post-trade.
• Driving innovation in post-trade services: Developing integrated solutions that simplify processes and increase efficiency.

By strengthening our CSD capabilities, we are committed to creating a seamless and efficient post-trade infrastructure that supports growth across Europe’s capital markets.

Discover how "Innovate for Growth 2027" is shaping the future of European finance: Innovate for Growth 2027.