Euroclear today unveiled a comprehensive plan to establish a true single market for post-trade services across asset classes.

This initiative, aimed at enhancing the efficiency and effectiveness of European market infrastructure, will support the Savings and Investments Union’s (SIU) ambitions and ensure Europe remains the ‘go-to place’ for investors and issuers globally.

Euroclear’s ambitious project will bring a number of significant benefits, including providing seamless connectivity across the single market, encouraging healthy market competition, promoting financial stability, and fostering innovation and accelerated technology adoption.

To do so, Euroclear builds on the know-how, scale and global connectivity of its unique model: combining the leading international Central Securities Depository (Euroclear Bank) with its six local CSDs in Europe. This open-model positions Euroclear as Europe’s gateway to the world – enabling it to connect global markets, drive innovation and unlock further efficiency.

Euroclear commits to provide a single point of access to all 27 Member States across all financial asset classes – equities, fixed income and all types of funds, by:

Offering both central bank money and commercial bank money access to all EU CSDs by accelerating the full connection of Euroclear Bank to the European Central Bank’s Target2-Securities (T2S) platform.

Delivering more efficient and integrated services through enhanced synergies between Euroclear’s local CSDs as well as with Euroclear Bank.

To implement this action plan, Euroclear’s focus will be to complete Euroclear Bank’s commercial bank money access to all 27 EU Member States by 2026. In parallel, we will accelerate Euroclear Bank’s connection to T2S to offer Central Bank Money access thereafter.

Valérie Urbain, Euroclear’s CEO, commented:

“The key to more liquid and effective capital markets in Europe is through driving market openness, interconnectivity and maximising choice for users. Only under these conditions can European markets truly thrive and remain competitive at a global level. Today, we are committed to making Euroclear the single-entry point for all asset classes including funds, fixed income and equities across the 27 Member States.”