Euronext to move derivatives clearing to Italy

Euronext has announced that it will shift its derivatives clearing to a new clearing company it has established in Italy, Euronext Clearing, by the third quarter of next year. Euronext plans to shift its derivatives clearing, currently conducted by LCH SA, part of the London Stock Exchange Group, to Italy in 2024. Euronext will shift its derivatives clearing to a new clearing company it has established in Italy, Euronext Clearing, by the third quarter of next year. "Euronext confirms that it expects to shift the clearing of financial derivatives and commodities markets listed on Euronext Amsterdam, Euronext Brussels, Euronext Lisbon, the Oslo Stock Exchange and Euronext Paris from LCH SA to Euronext Clearing by the third quarter of 2024," the statement said.