Euronext Published Financial Results for Q4 and Full Year of 2020

Euronext released its financial results for the last quarter and full year of 2020.

Euronex registered a spot FX trading ADV of $20.0 billion in Q4 2020, a YoY increase of 20.8% due to higher market volatility caused by COVID-19. The increased ADV brought Euronex's revenue in Q4 2020 to €5.9 million, rising by 2.7% compared with €5.8 million in Q4 2019. On a constant currency basis, its spot FX trading revenue has grown by 10.6% in Q4 2020.

Euronext spot FX produced €26.4 million of income in 2020, up by 15.0% compared with that in 2019. Similarly, on a constant currency basis, it has witnessed a 16.8% growth rate in spot FX income in 2020.

It should be noted that the €17.3 million of exceptional cost in 2020 mainly comes from its unfinished acquisition of the Borsa Italiana Group, which is still under the review of several regulatory bodies, including the European Commission. The acquisition is expected to be finished by the first half of 2021.