Settlement Fails Trades provides daily, structured statistics on failed settlement activity across the Nordic and Southern European markets, specifically covering Oslo, Copenhagen, Milan, and Porto. Data is aggregated at ISIN level, enabling precise analysis of settlement efficiency and liquidity conditions for individual securities.
The service offers market participants a transparent and consistent view of where and when settlement issues occur, supporting risk management, trading decisions, operational oversight, and market quality assessment.
By delivering standardized historical and daily data, Settlement Fails Trades enables both short‑term monitoring and long‑term analysis of settlement performance across markets and instruments.
Key features
- Daily statistics on failed settlement activity
- Coverage of Oslo, Copenhagen, Milan, and Porto markets
- Aggregated at ISIN level
- Historical data available for trend analysis
- Standardized Excel format for easy integration
- Delivered via secure Euronext SFTP
- Designed for professional analytical and operational use
Product benefits
- Liquidity and market quality insight
Monitor and analyze settlement efficiency and security‑level liquidity conditions using objective transaction outcomes. - Risk identification
Detect securities with persistent settlement issues that may indicate structural liquidity constraints or operational bottlenecks. - Trading decision support
Enhance pre‑trade analysis by incorporating settlement reliability into instrument selection and execution strategies. - Operational optimization
Support back‑office teams in identifying problem securities, counterparties, or market segments requiring attention. - Historical analysis capability
Use time series data to evaluate market improvements, regulatory impacts, or infrastructure changes. - Easy system integration
Simple Excel format enables rapid deployment into internal analytics and reporting workflows.
Frequency and delivery
- Frequency: Daily
- Delivery method: Excel file via Euronext SFTP
- History: Historical datasets available upon request
Use cases
Trading and execution analysis
- Evaluate settlement risk before trade execution
- Identify securities with frequent settlement failures
- Adjust execution strategies to minimize post‑trade risk
Back‑office and post‑trade operations
- Monitor operational performance by ISIN
- Support reconciliation and exception management
- Improve settlement workflows and counterparty coordination
Investment strategy development
- Incorporate settlement reliability into factor models
- Avoid structurally illiquid instruments
- Support risk‑adjusted portfolio construction
Market structure and regulatory analysis
- Assess settlement efficiency across markets
- Monitor impact of regulatory or infrastructure changes
- Support policy and market quality studies
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Data products and publishing
- Enrich trading analytics platforms
- Support financial media and reporting
- Power institutional research databases
