Euronext has launched Euronext ETF Europe, a single marketplace designed to bring together listing, trading, clearing, and settlement across its seven markets.

A Unified ETF Platform

The new structure allows issuers to list once and access all Euronext venues, including Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris. Liquidity will be consolidated into a central order book, with trading powered by the Optiq platform.

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Issuers will benefit from reduced regulatory duplication and faster time-to-market. They will also be able to offer products in multiple currencies to meet demand in different regions.

Brokers and trading members will gain access to the full ETF range through a harmonised membership model. Euronext Clearing will handle clearing, while settlement for euro-denominated ETFs will take place through Euronext Securities. Existing arrangements will remain in place until September 2026 to allow for a gradual shift.

Support From the Industry

Euronext said issuers representing more than 90% of European ETF assets have backed the project. Supporters include Amundi, BlackRock, Vanguard, HSBC Asset Management, Franklin Templeton, and State Street Investment Management.

Sarah Melvin, Head of European Client Business at BlackRock, said unification “will improve access and transparency for investors, helping bring down barriers to investing and contributing to more vibrant and deeper capital markets in Europe.”

ETF demand from retail clients continues to rise. Andrea Busi, CEO at Directa SIM, said Italian clients doubled their ETF transactions in the first half of 2025 compared with a year earlier. He called the Euronext launch a move toward “greater accessibility, transparency, and efficiency” for a wide range of investors.

Toward a European Savings and Investments Union

Euronext described the project as part of its Innovate for Growth 2027 plan. The group linked it to the EU Commission’s wider push for a European Savings and Investments Union, designed to strengthen capital markets and increase retail investor participation.

The launch of Euronext ETF Europe sets the stage for a more streamlined ETF market, with efficiency and cost benefits for both issuers and investors.

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Source: Finance Magnates