The manager of the Paris, Amsterdam and Milan stock exchanges, among others, Euronext has announced that it is investigating technical problems that have affected derivatives contracts. This outage is the second in less than a year and precedes a major incident in October 2020.

The pan-European stock exchange operator Euronext has clarified that it has suspended trading in index derivative contracts. Trading in other sectors, on the other hand, works normally. The technical problems that have affected derivatives contracts come at a delicate time for Euronext, which has controlled nearly a quarter of trading flows on equity markets in Europe since last year's acquisition of Borsa Italiana from the London Stock Exchange. the Italian stock exchange operator.

This outage is the second in less than a year and precedes a major incident in October 2020 that disrupted several stock exchanges in Europe, raising concerns about the risk of an operator leading so many markets. In the United States, in the event of an outage, investors can seamlessly migrate their trades to other exchanges. Such a system does not exist in Europe while the market has consolidated around a few players. Euronext manages six major stock markets in Europe. While stock trading can also be done on other platforms like Cboe Europe, Aquis and Turquoise, Euronext is usually used by traders as a reference market.