Trade Mini Bond Futures on main European Government Bonds
Euronext is expanding its repo clearing services to boost market access, liquidity provision and collateral optimisation across Europe.
Euronext Securities is shaping the future of European capital markets by enhancing integration, connectivity, and innovation.
The new generation of high-frequency risk trading platforms, offering the highest performance with ultra-low latency and minimal jitter, all at a low total cost of ownership.
The first edition of the Euronext Index Outlook series with a particular focus on the European Strategic Autonomy Index.
Shaping capital markets for future generations
Are you passionate about technology and problem-solving? We are looking for an Application Support Engineer to join our team, ensuring the seamless operation of critical post-trade applications. This position will be based in Porto and you will report to the Corporate Action Team Manager.
Your key responsibilities:
Application Support & Incident Management
Euronext is currently looking for a Junior IT Release Manager to integrate Service Introduction & Application Vendor Support organisation, supporting its ambitious plan of growth and expansion.
Euronext as a Market Infrastructure is responsible to manage critical infrastructures in several countries, especially in Europe, and this role is crucial to guarantee the successful introduction of new services.
Location: Milan preferred or Rome
Department: IT Clearing
Key Responsibilities
Assist the Service Manager in the day-to-day management of client service delivery.
Location: Rome
Location: Rome
Department: IT Clearing
Role Overview:
We are seeking an experienced head of software development to lead multiple IT initiatives within Corporate Functions.
This is a high-impact role requiring strong leadership, coordination, and delivery skills across a complex, multi-vendor and multi-location environment.
The Head of Software Delivery will lead cross-functional software teams across three international hubs, driving excellence in delivery, quality, and innovation.
Charlotte Alliot sat down with Josephine Gallagher from Trader TV, during the Fixed Income Leaders Summit. She discussed Euronext’s recent expansion into fixed income derivatives, a truly innovative offering designed to meet the needs of both retail and institutional investors.
Thanks to its strong network of local exchanges, Euronext continue to develop new products and solutions that increase retail engagement and expand access to derivatives trading across Europe.
In September 2025, mini futures on major European government bonds were launched, featuring the 10-year BTP, OAT, Bund, Bono, and the first-ever 30-year BTP.
These new contracts build on the strength of the booming cash bond markets of MTS and MOT, following the acquisition of Borsa Italiana and offer greater granularity with a €25,000 nominal size. Cash-settlement makes them easy to integrate into investment portfolios, while dedicated market makers have ensured continuous liquidity since day one.
The momentum is strong: volumes are rising, open interest is growing and new participants continue to join the market.
Euronext is committed to expanding opportunities for all investors and shaping the future of the European derivatives landscape.
(October 2025)
Preparing for T+1: Euronext Securities’ journey towards accelerated settlement
Author: Thomas Metier, Programme executive, T+1 settlement migration programme, Head of Nordic Business Operations, Euronext Securities (Copenhagen)
The European financial industry is preparing for a significant change as settlement cycles move towards T+1 – the settlement of securities transactions one business day after the trade date. At Euronext Securities, we are working collectively across our four central securities depositories (CSDs) to ensure a smooth and timely transition for all clients.
The move to T+1 is driven by European regulatory initiatives, such as the Central Securities Depositories Regulation (CSDR), and by the global trend towards shorter settlement cycles. The European Securities and Markets Authority (ESMA) is guiding the transition, with a phased implementation beginning in December 2026 and concluding with the official target date of 11 October 2027. Notably, Norway, although not obligated to do so, has chosen to participate in the migration alongside Denmark, Italy and Portugal. Norway’s decision underlines Euronext Securities’ commitment to harmonisation and delivering value to clients across all markets.
The T+1 migration is a complex process involving regulatory alignment, system upgrades and close collaboration with market participants. Our programme is structured around clear milestones, including:
Internal readiness assessments (Q1 2026)
Client testing phase (early to Q4 2027)
Phased implementation starting December 2026
Target go-live date: 11 October 2027 (subject to final confirmation by regulators).
Thomas Metier, Programme executive for the T+1 settlement migration, notes:
The transition to T+1 is not just a technical upgrade – it is also a shift in how we operate. Our clients can expect a proactive approach from Euronext Securities, with regular updates, training and support throughout the migration.
Shorter settlement time: Trades will be settled one business day after execution, instead of two.
Increased efficiency: Faster settlement will accelerate the flow of funds and securities, giving investors quicker access to capital and potentially increasing trading volumes.
Enhanced competitive positioning: Alignment with global best practices positions European markets competitively on the international stage and demonstrates commitment to operational excellence.
Market participants will need to implement significant technological, operational and organisational changes to accommodate same-day allocations and other new requirements. Euronext Securities is providing regular updates, training sessions, technical documentation and opportunities for client feedback throughout the migration.
We understand that our clients are facing significant changes, and we are committed to supporting them every step of the way. Early preparation and open dialogue will be key to a successful transition
To prepare for T+1, clients should:
Review internal trade matching and funding processes to ensure they can meet the shorter settlement cycle
Engage with Euronext Securities’ project teams for updates and support
Participate in scheduled testing activities to validate readiness
For organisations considering Euronext’s European offering, our unified approach to T+1 demonstrates our ability to deliver seamless, cross-border solutions and operational excellence.
We encourage all clients to review their operational readiness, engage with our project teams and participate in upcoming testing activities.
Shaping the future of tax processing: Euronext Securities leads the way with FASTER and enhanced tax relief services
By Stef Lambersy, Head of Tax Services, Euronext Securities and CEO, Acupay
Euronext Securities is at the forefront of transforming tax services for investors and intermediaries across Europe. By combining robust infrastructure, regulatory insight and innovative technology, we are delivering solutions that simplify compliance, accelerate entitlements and reduce operational risk for our clients.
Euronext Securities expands its services offering with the acquisition of Acupay
The European Commission’s FASTER (Faster and Safer Tax Excess Relief) Directive aims to harmonise and digitalise withholding tax relief procedures across the EU. Its objectives are to reduce administrative burdens, combat fraud and provide faster, more predictable access to tax entitlements for cross-border investors.
Progress on FASTER is well underway, with the initiative moving through the EU legislative process and implementation expected to begin in the coming years. For clients, FASTER will mean streamlined digital processes, reduced paperwork and quicker refunds.
Stef Lambersy notes:
FASTER is a game-changer for cross-border investors. By standardising and digitalising tax relief, we are making it easier for clients to access their entitlements and comply with local requirements
Alongside FASTER, Euronext Securities, through Acupay technology, is enhancing its tax relief services to further support clients. This includes expanding relief at source capabilities, automating documentation and integrating with local tax authorities where possible. These improvements are designed to complement FASTER by providing immediate benefits — such as reduced manual processing, lower risk of errors and faster access to funds — even before the directive is fully implemented.
Both FASTER and our enhanced tax relief services are focused on addressing the evolving needs of clients and meeting new regulatory expectations around transparency, anti-fraud and operational efficiency.
The integration of Acupay into Euronext Securities as well as the development of our next tax platform is central to delivering these solutions. By combining market infrastructure expertise with advanced technology, we are able to innovate quickly and respond to both regulatory change and client feedback.
Review your current tax relief processes and identify opportunities for automation
Engage with our teams to understand how FASTER and enhanced tax relief services may impact your operations
Stay informed through our regular updates, webinars and technical resources
For further information on the FASTER Directive, our tax relief services or to get involved in upcoming client engagement activities, please contact your relationship manager.
Also read:
Introducing Acupay and BondCom: Strengthening Euronext Securities Tax service offering
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