Trading

Euronext trials new scheme to lure proprietary trading

Unusual move by the European exchange operator will see non-members partake in a pilot incentive scheme

Euronext trials new scheme to lure proprietary trading
Photo: Getty Images

Euronext is to trial a new incentive scheme for proprietary trading firms that access its markets through a broker, in an unusual move to help boost the volumes across its four European stock exchanges.

The operator of markets in Paris, Amsterdam, Brussels and Lisbon issued a call on August 12 for non-member firms and their brokers to participate in a six-month pilot liquidity scheme that will begin in the fourth quarter of this year, subject to regulatory approval.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump