Euroclear’s Post

Our first quarter results are now available and we are happy to report that Euroclear is still performing well. Our underlying business income (excluding Russian assets) was €423 million, which is 2% higher than last year. Without an exceptional billing adjustment, this growth would have been of 3%. This performance, coupled with persistent high interest rates environment, increased our underlying operating profit by 12% to €385 million. Our funds business keeps advancing well, with the further development of Euroclear FundsPlace®. We reached an all-time record level of €3.3 trillion in funds assets under custody, supported by ETF growth and the favourable trend of stock market valuations. This market environment and strong results in fixed income also boosted our total assets under custody, which are now close to €40 trillion, +7% compared to the first quarter of 2023. Read the press release: https://lnkd.in/eNdBKS4g #Euroclear

I am delighted to report that Euroclear achieved a robust performance in Q1 2024. Our underlying business income (excluding Russian assets) was €423 million, which is 2% higher than last year. Without an exceptional billing adjustment, this growth would have been of 3%. This performance, coupled with persistent high interest rates environment, increased our underlying operating profit by 12% to €385 million. The high stock market valuations and strong results in fixed income boosted our total assets under custody, which are now close to €40 trillion, +7% compared to the first quarter of 2023. We also reached an all-time record level of €3.3 trillion in funds assets under custody, supported by ETF growth and the favourable market environment. https://lnkd.in/e9ZVuE_F Euroclear #OneEuroclear

Anthony Attia, Euronext’s Global Head of Derivatives & Post Trade, shares insights into the successful extension of Euronext's #clearing services to our cash markets in France, Belgium, Ireland, the Netherlands, Portugal, and Italy. Euronext Clearing has now become the Central Counterparty of choice for Euronext’s cash markets, overseeing approximately 25% of European cash trading. This strategic move marks a significant step towards laying the groundwork for the Capital Markets Union in Europe. Since the introduction of our strategic plan, "Growth for Impact 2024," we have been committed to building the foremost market infrastructure in Europe, covering the entire spectrum of the capital markets value chain. The recent expansion of our clearing activities is a noteworthy achievement that directly enhances the advantages for our clients. Looking ahead, our trajectory involves continued growth by the end of 2024, with plans to extend our clearing services to include financial derivatives and physically delivered commodities products across all Euronext markets.

Another good year for Euroclear And FYI, "underlying" means that we excluded the earnings earned as a side effect of the current sanctions regime from these results, so the results reflect business performance (and higher interest rates). Fair is fair. #OneEuroclear

ST Global Markets - Your Global Partner for Multi-Asset Institutional Investments & Portfolio Management 🖥 With a global footprint, trading team and premium partnerships - ST Global Markets can offer both corporate and institutional investors a wealth of knowledge, support and trading opportunities. 💻 Our partnerships are our strength: We believe in capital market access for all and as such we have developed a global network of leading counterparties and custodians. We only work with stable, credit worthy and leading institutions that are supported with robust risk management structures and balance sheets. 💻 The ST Trading Desk: ST Global Markets provides clients with a variety of options for executing their trades and managing portfolios. Best in class electronic trading systems and trade management systems are complemented by our 24/5 multi-asset trade desk. 💻 To find out more about ST Global and how we can assist you, please visit https://lnkd.in/eTJmP7yD or email nicholas.c@stglobalmarkets.com. #trading #familyoffice #etf #commodity #fx #cryptocurrencies #equities #fixedincome #stglobal #GlobalOpportunities #tradingplatform #paymentsolutions

In the latest edition of Securities Finance Times (page 22), industry leaders discuss how collateral is no longer the ugly duckling but a market powerhouse. I love it! The article also highlights the CDM-Collateral. For more information about the eligible collateral use case, go to: https://lnkd.in/eQ_Em9Nq Or contact: Vernon Alden-Smith (ISDA), Chris Rayner (ISLA), Tom Healey (ICMA) to start your CDM-Collateral implementation plans.

Euroclear is committed to helping you unlock the true potential of your collateral in a robust, safe and proven environment. We actively support an open marketplace where scale and connectivity are cornerstones. Interoperability promotes a healthy market and enables clients to benefit from seamless experiences, while also expanding their capabilities. Euroclear's Collateral Allocation Interface (CAI) is just one example of how our dynamic interoperability with J.P. Morgan's triparty platform brings tangible benefits to our mutual clients. Automated, safe and secure, the CAI can mobilise your collateral and ensure its returned when needed, minimising the risk of settlement fails. #euroclear #jpmorgan #collateral #collateralmanagement #settlement  

Fragmentation has long been a key challenge for European securities markets. Dirk Loscher, Head of Custody & Investor Solutions at #Clearstream, explains how our Investor-CSD solution supports the market in overcoming this issue. He also gives a glimpse into what’s next, including direct connectivity for Nasdaq CSD. Read more about how Nasdaq CSD uses our Investor-CSD solution here: https://lnkd.in/eySnW-9i 

What industry innovations are set to shake up your trading desk and drive real changes to the derivatives market? Join Patrick Flannery, Global Head of Low Latency and Direct Feeds, LSEG, and other experts at the trading technology panel in Trading Amsterdam 2024 event. The panellists will share their views on the latest advances in trading tech and how you can leverage them for successful trading. https://lseg.group/4a9PPAT #TradingAmsterdam24 #LSEG #FOW

Proud to share that Nasdaq CSD has become the first European CSD to gain full connectivity to all T2S markets through Clearstream’s German central securities depository. This pioneering cooperation provides Nasdaq CSD’s participants with access to a large pool of European markets for securities settlement and asset servicing. More specifically: · Nasdaq CSD adopts Clearstream’s Investor CSD solution, granting Baltic banks direct access to all TARGET2-Securities (T2S) markets. · The partnership reduces cross-border settlement fees for foreign securities. · Nasdaq CSD is the first Central Securities Depository (CSD) in Europe to implement this service. #BalticMarket Clearstream #PostTrade #CMU