The manager, among others, of the Paris, Amsterdam and Milan stock exchanges, Euronext, announced that it was investigating technical problems affecting derivatives contracts, the second outage in less than a year and preceding a major incident that occurred in October 2020.

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

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 running as many markets. In the United States, in the event of an outage, investors can seamlessly migrate their trades to other bursaries. Such a system does not exist in Europe, although the market has consolidated around a few players. Euronext operates six major stock markets in Europe. While stock trading can also take place on other platforms like Cboe Europe, Aquis and Turquoise, Euronext is generally used by traders