Euronext capital market infrastructure introduces mini -sized, in the future, the main European government bonds.
This initiative is taking advantage of Euronext’s leadership position in the ecosystem of secondary income through MTS, the platform for trafficking in institutional bonds and the Mot Bond market that focuses on retailing. This launch marks the first step in Euronext’s ambition to further develop in the field of fixed income derivatives, with the aim of adding value added to investors internationally.
The new mini-futures focus on the main European government bonds: the 10-year OAT, Bund, Bono and BTP as well as the first 30-year BTP. Registered in the Milan Euronext derivative market, mini-futures have a fictitious size of € 25,000 and cash settlement. The new contracts are fueled by Euronext Clearing, offering powerful risk management capabilities and further utilization of Euronext’s built -in chain.
Designed mainly to meet the needs of retail investors, these means also provide asset managers and institutional investors with the granulation needed to compensate or expose government bonds.
The launch has gathered strong support from the commercial community, utilizing the Euronext Optiq® trading technology and the powerful risk model offered by Euronext Clearing. As a result, new fixed income contracts are accessible to a large number of market participants, including individual investors, as a significant number of retail brokers is linked to the Euronext ecosystem. Market models are confident of the significant added value of this innovative solution and are committed to providing liquidity to all new contracts from the start date.
Anthony Attia, a world leader of derivatives and after trade at Euronext, said:
“This initiative is central to the Strategic Plan” Innovate for Growth 2027 “, which aims to exploit the unique Euronext presence throughout the transaction value chain to develop truly innovative products that respond to the evolving market demand. To provide added value to its customers, purchases. “