As a number one European operator of monetary markets and a provider of trading technologies, Euronext has established a MiFID II programme to ensure compliance with regulatory requirements while helping our customers by means of the delivery of recent companies.
Amsterdam, Brussels, Lisbon, London and Paris – 17 January 2018 – As we speak Euronext, the leading pan-European change in the Eurozone with nearly 1,300 listed issuers, proclaims the acquisition of eighty% of the capital of InsiderLog, a Stockholm-based mostly main participant in the area of insider list administration, for a money consideration of €5.8 million, plus an earn-out fee relying on future monetary performance.
InsiderLog is an online-based mostly, GDPR-compliant platform based mostly on an annual subscription mannequin and has already attracted more than 170 purchasers including renowned blue chip companies, banks and legislation companies since its current creation in November 2016.
In 2017, Euronext opened new workplaces in four European countries outdoors its core markets, in Germany (Frankfurt, Munich), Italy (Milan), Spain (Madrid) and Switzerland (Zurich), to assist tech firms in growing their enterprise on a greater scale by means of capital markets.
Amsterdam, Brussels, Lisbon, London and Paris – 25 January 2018 – At this time Euronext, the leading pan-European trade in the Eurozone, pronounces that Lee Hodgkinson, Head of Markets and International Gross sales of Euronext and CEO of Euronext London Ltd, has decided to pursue a brand new skilled venture.
The market potential for such an answer is critical as all firms with listed devices within the European Union are topic to the brand new MAR insider list requirements, with non-compliance penalties of up to €2.5 million or 2% of their turnover.
The InsiderLog options will likely be distributed across the five core Euronext markets, in Belgium, France, the Netherlands, Portugal and the UK, as well as in Eire as soon as the acquisition of the Irish Stock Trade is completed, and in financial centres where Euronext has established European Tech Hub groups similar to Madrid, Milan, Zurich, Frankfurt and Munich.
The Norwegian sovereign fund represented 1.6% of CAC forty shareholding at the finish of 2016, additionally down barely from the 2012 figure of 1.9%. At yr-end 2016, the fund held investments in 39 of the 40 CAC forty corporations, representing a total value of €21 billion.
Amsterdam, Brussels, Frankfurt, Lisbon, London, Madrid, Milan, Munich, Paris and Zurich – 1 February 2018 – Euronext, the main pan-European change in the Eurozone, right this moment announces the launch of its new sponsored investor entry initiative called Trade & Leverage”.
Stéphane Boujnah, Chief Government Officer and Chairman of the Managing Board of Euronext, said: The acquisition of InsiderLog will handle a growing want from issuers in Europe, by serving to them handle their insider lists through an efficient and time-saving solution.…
This acquisition will enable Euronext to seize a sizeable market alternative in insider listing administration created by the Market Abuse Regulation, which got here into force in July 2016 and is in line with Euronext’s strict M&A discipline. On the end of 2016, the French government had over €40 billion invested in CAC 40 companies.
Euronext expanded its product offering to international International Exchnage Markets, thanks to the acquisition of FastMatch, the quickest growing ECN in the spot FX market. The stake of employee shareholders remained secure between yr-end 2012 and yr-end 2016, at 3.5% and three.3%, or €47bn and €32bn, respectively.
This transaction further strengthens Euronext’s value proposition for listed companies by addressing a strong need from issuers. This solution might be built-in into the Euronext Corporate Services providing, alongside existing services corresponding to Euronext’s webcasting platform, investor relationship management tool and innovative board portal solution.
Passive management 2 grew at double the rate of whole asset management to characterize around 6.5% of complete CAC forty shareholding. Overseas states held roughly 2.7% of the CAC 40 shares, both independently or by sovereign funds, a slight decrease from 3.0% in 2012.
MAR requires every listed firm, their advisors and listed bond issuers to create and manage insider lists for all market delicate initiatives. The acquisition of InsiderLog matches within Euronext’s Agility for Progress strategic plan, introduced in Might 2016, aiming to create extra value for issuers, notably by the event of a complete Company Services franchise.
As a leading European operator of monetary markets and a provider of trading technologies, Euronext has established a MiFID II programme to ensure compliance with regulatory requirements whilst aiding our clients by means of the supply of new services.
Amsterdam, Brussels, Lisbon, London and Paris – 25 January 2018 – Right now Euronext, the leading pan-European exchange in the Eurozone, announces that Lee Hodgkinson, Head of Markets and International Sales of Euronext and CEO of Euronext London Ltd, has determined to pursue a brand new professional venture.
This decrease was as a result of 2015 exit of EDF from the index, and the withdrawal of Agence des Participations de l’Etat” and Caisse des Dépôts et Consignations” from the capital of several CAC forty firms. From yr-finish 2012 to 12 months-end 2016, the burden of particular person shareholders in companies with revealed data decreased, while worker shareholders remained fixed at three.5%.
The Norwegian sovereign fund represented 1.6% of CAC forty shareholding at the end of 2016, also down barely from the 2012 determine of 1.9%. At 12 months-end 2016, the fund held investments in 39 of the 40 CAC forty corporations, representing a complete value of €21 billion.
InsiderLog is an internet-based, GDPR-compliant platform based mostly on an annual subscription model and has already attracted greater than 170 shoppers including renowned blue chip corporations, banks and law corporations since its current creation in November 2016.…