LIST has completed the migration of its derivatives clients onto Euronext’s Optiq trading platform.
The conclusion of the third and final phase of migration for Borsa Italiana clients follows LIST’s rollout of its equity and bond segments, completed in March and October 2023.
Euronext acquired Borsa Italiana’s cash and derivatives market exchange in April 2021, and is replacing its existing Millennium and SOLA technologies with the Optiq platform.
In order to facilitate this change, LIST has upgraded FastTrade, low-latency, multi-asset electronic trading system, to grant clients access to Euronext’s pan-European ecosystem, it said.
Flavio Mazzarotto, chief services officer at LIST, commented: “The migration to Euronext
Optiq technology for the derivatives market was a challenging and risky project but, thanks to the preparation and cooperation of all the involved parties, the project was a great success.”
©Markets Media Europe 2024
