Euronext Expands European Derivatives Market with New Single Stock Options for Germany, Ireland, and Portugal

Euronext Expands European Derivatives Market with New Single Stock Options for Germany, Ireland, and Portugal

(IN BRIEF) Euronext has expanded its European derivatives offering by launching new Single Stock Options for German, Irish, and Portuguese stocks. The addition of 21 German options completes coverage of the DAX 40 Index, while six Irish and four Portuguese options are introduced for the first time. These new options are supported by Euronext’s advanced trading platform, Optiq®, and cleared through Euronext Clearing, offering improved risk management and reduced settlement fees. This expansion strengthens Euronext’s position in the European derivatives market and offers investors broader access to European assets.

(PRESS RELEASE) AMSTERDAM/BRUSSELS/DUBLIN/LISBON/MILAN/OSLO/PARIS, 7-Oct-2024 — /EuropaWire/ — Euronext, the pan-European market infrastructure, has enhanced its derivatives offering with the introduction of new Single Stock Options for German, Irish, and Portuguese stocks, effective October 7, 2024. This expansion includes 21 new options on German stocks, completing coverage of the entire DAX 40 Index, alongside six Irish and four Portuguese Single Stock Options, marking Euronext’s first-ever options on Irish stocks. These additions bolster Euronext’s position in the European derivatives market, giving investors broader access to key European assets via its unified single order book.

The newly launched options benefit from Euronext’s advanced Optiq® trading platform, which is known for its high liquidity and performance, and are supported by dedicated market makers to ensure liquidity. Clearing for these options is handled by Euronext Clearing, providing risk management and portfolio-wide margin efficiencies, while local Central Securities Depositories (CSDs) enable reduced settlement fees and enhanced post-trade capabilities, further increasing value for investors.

This strategic expansion allows investors to trade a wider range of European options within a streamlined platform, benefiting from competitive pricing, improved clearing efficiencies, and local settlement options. It is part of Euronext’s continued commitment to creating a more efficient and integrated trading experience.

Anthony Attia, Euronext’s Global Head of Derivatives and Post-Trade, emphasized the importance of this development, stating, “The expansion of our derivatives offering was made possible by the successful integration of Euronext Clearing across all markets within the group. This move not only broadens our equity derivatives portfolio but also lays the groundwork for future product innovations under our strategic plan to be unveiled in November, capitalizing on our integrated pan-European model.”

About Euronext
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.5 trillion in market capitalisation as of end June 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.

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Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

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SOURCE: Euronext