Euronext Launches Pan-European Marketplace for ETFs: ETF Europe

3 weeks ago

0 14 2 minutes read

Euronext

Euronext has launched Euronext ETF Europe, the first fully integrated European marketplace for platform-traded funds (ETFs) and platform-traded products (ETPs). The initiative viewks to unify Europe’s fragmented ETF ecosystem, reduce costs, and expand access for both issuers and investors across the continent.The new platform is a cornerstone of Euronext’s Innovate for Growth 2027 strategic plan, designed to accelerate the growth of European savings and investments. By combining listing, trading, clearing, and settlement into one seamless environment, the model eliminates duplication and boosts transparency, creating a more efficient market infrastructure for all participants in the ETF value chain.For issuers, the launch represents a breakthrough: products can be listed once and distributed across all Euronext markets, cutting administrative burdens and speeding time-to-market. Investors, particularly retail participants, gain access to a deeper pool of liquidity, improved price visibility, and a wider product range at lower cost. Brokers and trading members will benefit from a harmonised membership model and a centralised order book powered by Euronext’s Optiq platform, consolidating liquidity across borders.

Post-trade processes have also been streamlined. All transactions will clear through Euronext Clearing, with EUR-denominated ETF settlement handled by Euronext Securities, leveraging the Target2-Securities (T2S) platform. Straight-through processing (STP) and a new confirmation system will further reduce operational risk and capital requirements, while ensuring efficiency in cross-market settlement.

Strong Industry Backing

Euronext ETF Europe has already secured support from issuers representing over 90% of European ETF assets and major brokers. Backers include global heavyweights such as Amundi, BlackRock, BNP Paribas Asset Management, DWS, Fidelity International, HSBC Asset Management, Invesco, J.P. Morgan Asset Management, State Street, Vanguard, WisdomTree, and 21Shares. This endorsement underscores the demand for a unified marketplace that improves liquidity and operational efficiency.

The launch of Euronext ETF Europe marks a strategic leap forward in building a truly unified and competitive European capital market, said Anthony Attia, Global Head of Derivatives and Post-Trade at Euronext. By ecosystem across jurisdictions, we are removing long-standing structural inefficiencies and setting a new standard for transparency, accessibility and scale in European investing.

Sarah Melvin, Head of European Client Business at BlackRock, welcomed the move: We believe unifying ETF trading will improve access and transparency for investors, assisting bring down barriers to investing and contributing to deeper, more vibrant capital .

Paul Young, Head of ETF Capital Markets at Vanguard, added: Reducing the cost and complexity for investors remains key. The Euronext initiative is a positive development that can transform how retail investors access ETFs at lower cost going forward across Europe.

Takeaway

With Euronext ETF Europe, issuers gain a single gateway to pan-European markets, while investors benefit from better liquidity, lower costs, and more choice. Backed by the industry’s largest players, the initiative positions Euronext at the forefront of building a European Savings and Investments Union.

3 weeks ago

0 14 2 minutes read