Euronext today extends the scope of derivatives contracts available on the Euronext Eurozone Banks Index. Market participants can now take positions on the Euronext Eurozone Banks Dividend Index Futures Contract, in addition to the existing Futures and Options contracts. 

On-screen liquidity will be provided by BNP Paribas and Optiver, and off-screen liquidity will be offered by all the main counterparties. 

The Euronext Eurozone Banks Dividend Index Future has been co-designed with market players to offer easy access to block trades while ensuring users benefit from fair transaction fees. 

Advantages of the new Eurozone Banks Dividend Index Futures Contract for investors 

In line with Euronext's existing high-quality offering for trading the Eurozone banking sector, the Euronext Eurozone Banks Dividend Index Future contract offers strong advantages to investors. 

• Higher nominal value (6x bigger) to generate economies of scale at the clearing level
• Fair cost structure with lower fees (approx. -75%)
• Smaller block sizes for easier access (3 lots for approx. €45k).

Read more about Euronext's offer for trading the Eurozone banking sector: 

Eurozone Banks Index Derivatives

Academy – Euronext Group launches its first certification programme in Business Sustainability.

Business Sustainability

Becoming a sustainable business is a central topic for many corporations nowadays. It requires a broader-based “systemic perspective” that highlights the inter-relationships among the key players of a sustainable finance eco-system.

As such, business leaders are expected to possess the necessary knowledge and expertise to better understand and navigate the “sustainability” paradigm.

Getting certified with industry experts

This course, brought to you by Academy – Euronext Group, in collaboration with Leonardo Centre, a research centre based in Imperial College Business School, enables participants to drive the implementation of sustainable strategies in their organisation. The programme offers great value not only to participants but also to the businesses they work for. Delegates benefit from receiving a renowned certification and having the opportunity to engage with long-standing industry experts and thought leaders.  Moreover, the acquired knowledge, best practices and exposure to industry trends, are a long-term investment from the organisational perspective.

Besides academics from across Imperial College London,, renowned experts from Euronext, industry professionals, ESG advisors and responsible investors will be guiding the participants throughout the course and the final project work.

Course format

The blended format of this Mastercourse provides an ideal learning setting with interactive sessions, engaging presentations and active participation.

Participants are invited to conduct a pre-course assessment to identify potential knowledge gaps, as well as to determine the progress of their sustainability mindset. The core course is divided into modules, with the first one being taught in person in Milan, building up to the topic of the final project work: developing a Corporate Sustainable Transition Plan. Its presentation, as well as the certification ceremony, will be held in London.

With this first edition of the Business Sustainability Certification Programme, we strive to support Corporate Responsibility and Business Sustainability professionals in taking their careers to the next level.

Invest in the Eurozone banking sector at a fair price with Euronext's derivatives

Euronext offers to market participants the full spectrum of derivatives to trade the Eurozone banking sector at a fair price. Investors can trade future, option and dividend future contracts based on the Euronext Eurozone Banks Index which shows the performance of the largest companies of this sector in the Eurozone (Bloomberg code: EZBANK).

Trading the banking sector at a fair price

Euronext's derivatives offer strong competitive advantages:

• Fair cost structure taking into consideration the nominal value of the index
• High accessibility thanks to a low minimum sizes to facilitate off-screen transactions
• Higher nominal value to enable further economies at the clearing level
• On-screen liquidity provided by market makers committed to the development of a cost-efficient solution to trade the banking sector
• Off-screen liquidity offered by all the existing main counterparties

Market makers facilitating on-screen liquidity

Trading in Euronext Eurozone Banks Index Derivatives benefits from on-screen liquidity provided by market makers committed to ease the access to the banking sector.

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Euronext Eurozone Banks Index Derivatives vs competition*

*based on data publicly accessible on the competitor website.

Publications about Euronext Banks Index Future

FOW - Global Investor Group (May 2021)

Euronext to offer cheaper access to banking sector through derivatives.

READ THE ARTICLE

Next Finance - interview in French (June 2021)

« Nous allons continuer notre développement avec d’autres produits dérivés sur l’indice Euronext Eurozone Banks »

READ THE ARTICLE

Best Execution - Summer edition (July 2021)

Charlotte Alliot, Head of Institutional Derivatives at Euronext spoke to Best Execution about trading the Eurozone banking sector using derivatives.

READ THE ARTICLE

Related news

Euronext launches new Eurozone Banks Dividend Index Future