EURONEXT_Registration_Document_2017

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PRESENTATION OF THE GROUP

Description of the Business

1.3.6.2 Post-Trade – Recent Developments Clearing Euronext has deployed the first major phases and features of the Euronext RiskGuard pre-trade risk management solution. These are currently available for Euronext’s derivatives markets, either via API or GUI. RiskGuard will be extended for additional advanced features in the future.

In addition, Euronext Paris is authorized by the AMF for the provision of trade reporting and transaction reporting (“APA/ARM”) services under MiFID II. This service was launched into pre-production in December 2017, providing a single interface for MiFID II trade publication and Transactions Reporting. It commenced liver operation on the 3 rd January and already has a strong client base.

EXPERTISE

NEUTRALITY

SINGLE ACCESS COMPLEMENTARY SERVICE Members of Euronext regulated markets have

GEOGRAPHICAL REACH coverage across Europe

Leverage existing regulated market infrastructure and experience in regulatory reporting and publication

Neutral party already applying highest standards for data protection

Leverage data to provide additional MiFID II + compliant services (SI quotes)

sa me access to regulatory reporting and publication as for Euronext market

One stop-shop, pan-European offer on multiple asset classes (Cash, Derivatives, Commodities) for members/non-members

Euronext COB, On-exchange/off-book

Off exchange (SI, OTC)

Post-trade publication (and pre-trade for SI) Post-trade reporting, Transaction reporting

As part of the Agility for Growth strategy, launched in May 2016, Euronext also announced its intention to deploy a suite of collateral services. This project is driven by the growing regulatory pressure, which is increasing margin funding requirements. Banks and non- financial counterparties have to improve the use of available assets. The first phase, covering Euronext Inventory Management, is now in live Production. The first phase enables transferable electronic certificates and warrants to be raised to represent ownership of physical commodities and ETFs. The intention is for this to be extended with a negotiation layer as a second Phase in early 2018. TARGET2-Securities After its smooth and successful migration to the pan-European settlement platform T2S (1) in March 2016 (integrated in the second migration wave), Interbolsa has been actively involved in the 4 th and final migration waves, on February 2017 and September 2017, respectively, as well as working to improve operational processes Custody & Settlement

and implement new software releases, which has allowed to increase the efficiency of the day-to-day operations with T2S. Direct CSD Links: in order to take further advantage of the easier and more efficient way to settle cross-border transactions using the T2S platform, Interbolsa is working in setting up direct investor links and relayed investor links with some of the major domestic CSDs in Europe, with will be operational throughout 2018. By establishing the above-mentioned direct and relayed CSD links, Euronext wishes to be able to attract foreign securities currently held by domestic financial intermediaries via international custodians and/or other domestic and international Central Securities Depositories, hence enabling Interbolsa to be their sole access point to the main European markets.

(1) T2S provides integrated and harmonised cross-border settlement of transactions in central bank money.

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www.euronext.com

2017 REGISTRATION DOCUMENT