Euronext reports exceptional surge on its post trade revenue

Euronext, the European exchange group, reported it’s post-trade revenue had increased to €177.2 million, an increase of 69.1 per cent in 2020 year-on-year (YoY), driven by the increased market share from acquisitions and higher clearing revenue.

The consolidation of VP Securities, the Danish CSD, contributing €27.6 million revenue since its consolidation in August 2020, contributing to a 111.6 per cent YoY increase in Q4 post-trade revenue from Euronext’s recent acquisitions, including Interbolsa, and the Norwegian CSD Oslo Børs VPS, now Euronext VPS.

Euronext’s total Q4 earnings from post-trade services including clearing and settlement reached €39.9 million in 2020, up 71.7 per cent from €33.4 million during the same period in 2019.

According to Stéphane Boujnah, CEO and chair of the managing board of Euronext, post-trade activity now represents the second largest revenue contributor for the group.

Trading revenue also increased to €365.1 million, a 33.8 per cent YoY increase with growth in all asset classes and Nord Pool power trading contributing €27.3 million.

Overall, Euronext reported a 30.2 per cent YoY increase for 2020 revenue equalling €884.3 million.