Euronext Trading Services

Benefit from Euronext's range of trading services designed to meet the specific needs of any customer profile and any asset class.

Are you a retail broker looking to provide best execution to your clients? An asset manager needing to ease your research management? Do you require reporting and publication tools to comply with regulation? Euronext has what you need and much more.

Euronext’s trading services are designed to optimise the trading experience across its markets and products. From pre-trade risk controls and post-trade reporting to sophisticated analytics and monitoring tools, Euronext delivers solutions that help members and institutional investors maximise their trading performance. 

Equity trading services

Auction Volume Discovery (AVD)

In response to the increasing demand for liquidity at auctions, Euronext will introduce the Auction Volume Discovery (AVD) order type for equities, to help market participants easily source additional liquidity currently untapped during auction periods.

Auction Volume Discovery

Best of Book

The Best Execution service for retail investors

  • Dedicated liquidity providers offer price improvement for the retail flow.
  • The service operates within Euronext’s robust and highly regulated Central Order Book.
  • Available for equity instruments on all Euronext regulated markets in Amsterdam, Brussels, Dublin, Lisbon, Oslo and Paris.
Euronext Best of Book

Dark trading

Source liquidity in Dark and Lit trading pools

The non-displayed order book enabling to trade securities at the mid-point of Euronext's Primary Best Bid and Offer.

Source liquidity in Dark and Lit trading pools thanks to Dark Mid-Point and Mid-Point Dark-Lit Sweep functionalities within Euronext's Central Order Book.

Euronext Mid-Point Match

Global Equity Market

Trade European and US stocks in Euros on a Euronext market

Euronext Global Equity Market offers trading in a broad range of European and US stocks. The market offers the same features as Euronext’s main regulated markets.

Euronext GEM Equity shares are also available for trading after hours.

Euronext GEM

Euronext Fund Services

Expand your growth opportunities by trading funds on the Exchange thanks to Euronext Fund Services. It guarantee automated and STP processes and allows you to get in touch with investors across the globe.

Why trade on Euronext Fund  Services?

Enjoy new business opportunities that drive your growth: access the open-end funds investment world (non-ETFs) Leverage your experience with ETFs and expand your reach to both passive and active management products
Offer your clients a global product range of open-end funds traded at the NAV on Euronext, giving them tremendous new execution capacity Benefit from our elaborate Morningstar funds data tool to provide optimised support to your clients in their funds selection

Euronext Fund Service is available for Euronext trading members

Euronext fund service
connect.euronext.com

Multi-Currency Service for ETFs

The multi-currency facility for Exchange Traded Funds enables a single ISIN code to be listed and traded in 20 different global currencies, on separate Euronext venues. The multi-currency listing and trading service offers broader investment opportunities and facilitates investor access by removing currency barriers.

The service helps issuers to improve the visibility of their listed products, and therefore broaden their possible target audience, while improving access for international and domestic investors by limiting foreign exchange risk.

This facility is applicable to all Euronext’s listed ETFs. The ETF market quality on Euronext is supervised on a daily basis by a dedicated team focused on monitoring all members’ activity with a single focus: to achieve superior market quality.

Euronext RiskGuard

Use RiskGuard to set pre-trade risk controls in order to manage the risk exposure of your customers, or your own trading firm, in real time. The service covers the MiFID II regulatory requirements, and also offers extended risk control and analysis features.

The service is available on the Euronext Financial and Commodity Derivatives markets, and also for Cash Equities, Funds and Fixed Income.

Created specifically for use by risk managers at clearing member firms and trading member firms, RiskGuard is designed to complement your own pre-trade risk management systems.

RiskGuard is available through the Optiq OEG FIX 5.0 API and a web-based User Interface (GUI) for derivatives markets only.

More about RiskGuard
Financial data being displayed across a range of devices

Cleared Services

Cleared OTC Trade Facility

Euronext's Cleared OTC Trade Facility allows a member to confirm a trade executed over-the-counter (OTC) with another Euronext member for clearing purposes. Hosted on our Saturn tool, the Cleared OTC Trade Facility reports OTC trades in eligible equities, ETFs and rights that are passed through to the CCP (LCH SA and EuroCCP) to benefit from the central clearing guarantee.

To use the Cleared OTC Trade Facility, members must sign either the Amendment letter to the TCS-Web Services Access Agreement

Trade Confirmation System

Publication of regulated market trades

Use the Euronext Trade Confirmation System (TCS) for the publication of regulated market trades, such as negotiated deals, block trades and volume weighted average price (VWAP) trades. Deferred publication is possible for certain products. Flexible clearing can also be selected.

The TCS platform covers all Euronext Cash Market instruments (equities, ETFs, warrants, certificates and bonds). It is available to all Euronext Cash Market members through their standard connection, and can also be accessed using our web based application, TCS-Web.

TCS complements our APA/ARM reporting services, which are open to all market participants

Commsize

Commcise

Commcise offers independent, cloud-based, fully-integrated commission management and research valuation solutions to the buy-side, sell-side and research providers through its product suite:

COMMCISEBUY 

For Asset Managers

A fully integrated, cloud SaaS software suite to manage your research funding, consumption and payments. Includes budgeting, CSA aggregation, broker vote and interaction management.

COMMCISESELL

For Brokers

Integrated Commission Management platform including rate cards, client profitability and complete CSA management with custom rate cards, unbundling rules and trade reconciliation.

COMMCISECS

For Research Providers

Cloud based SaaS software to meet your Client Strategy objectives by offering cost effective, high quality service to the buyside.

commcise.com

Deferred Settlement Service

The Deferred Settlement Service (SRD) is a mechanism that allows French investors to take a long or short leveraged position in a regulated and secure environment. The service is mainly used by private investors as an alternative to margin accounts.

How the Service Works

The investor identifies an order as SRD when passing it to his/her financial intermediary. The order is then immediately routed to the Regulated Market, where it is executed and settled in a standard two-day time period.

The intermediary finances the investor’s position until the end of the month, when the investor receives the balance of positions in his/her account. The leverage is the result of the cover ratio the investor has to put toward his position at the time of execution.

SRD list on connect.euronext.com

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Contacts

Oslo Bors Building

Euronext Oslo Børs

Box 460 Sentrum, 0105 Oslo

+ 47 22 34 17 00

Operational Client Support

Belgium

+32 2 620 0585

clientsupport@euronext.com

Operational Client Support

France

+33 1 8514 8585

clientsupport@euronext.com

Operational Client Support

Ireland

+353 1 6174 289

clientsupport@euronext.com

Operational Client Support

The Netherlands

+31 20 721 9585

clientsupport@euronext.com

Operational Client Support

Norway

+31 20 721 9585

clientsupport@euronext.com

Operational Client Support

Portugal

+351 2 1060 8585

clientsupport@euronext.com

Operational Client Support

UK

+44 20 7660 8585

clientsupport@euronext.com

Operational Client Support

Italy

+39 02 7242 6080

clientsupport@euronext.com