# Euronext Securities > Mediated Wiki article. Canonical URL: https://mediated.wiki/source/Euronext_Securities > Markdown URL: https://mediated.wiki/source/Euronext_Securities.md > Source: https://en.wikipedia.org/wiki/Euronext_Securities > Source revision: 1343055982 > License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/) {{short description|Financial market infrastructure}} {{Infobox company | name = Euronext Securities | logo = New Euronext logo.svg | image = | image_caption = | type = [Subsidiary](/source/Subsidiary) | industry = [Financial services](/source/Financial_services) | foundation = {{Start date and age |2020|08|}} | location_city = [Paris](/source/Paris) | location_country = [France](/source/France) | area_served = Portugal, Norway, Denmark, and Italy | key_people = | products = [Central securities depository](/source/Central_securities_depository) | members = | owner = [Euronext](/source/Euronext) | num_employees = | num_employees_year = | homepage = {{URL |https://www.euronext.com/en/csd}} }} '''Euronext Securities''' is the [central securities depository](/source/central_securities_depository) (CSD) arm of [Euronext](/source/Euronext). It has been formed from the successive acquisitions by Euronext of the national CSDs in [Portugal](/source/Portugal), [Norway](/source/Norway), [Denmark](/source/Denmark), and [Italy](/source/Italy). The change of the four entities' respective names to the Euronext Securities brand was announced on {{date|2021-11-9}}.{{cite web |website=Euronext |date={{date|2022-1-12}} |url=https://www.euronext.com/en/news/euronext-securities-transforming-european-post-trade-industry |title=Euronext Securities: transforming the European post-trade industry}} ==Local venues== ===Porto=== Interbolsa, full original name Sociedade Gestora de Sistemas de Liquidação e de Sistemas Centralizados de Valores Mobiliários, S.A., was established in 1989 as the Portuguese CSD.{{cite web |website=LuxCSD |date={{date|2024-6-24}} |url=https://www.luxcsd.com/luxcsd-en/products-and-services/market-coverage/europe-t2s/portugal/market-infrastructure-portugal-1280426 |title=Market infrastructure - Portugal}} It was a fully owned subsidiary of Bolsa de Valores de Lisboa e Porto (BVLP).{{cite web |website=Financial News |url=https://www.fnlondon.com/articles/euroclear-set-to-buy-interbolsa-20020107 |date={{date|2002-1-7}} |author=Phillipa Leighton-Jones |title=Euroclear set to buy Interbolsa}} In 2002, it was purchased by Euronext together with the rest of BVLP.{{cite web |website=Financial News |url=https://www.fnlondon.com/articles/euronext-completes-acquisition-of-portuguese-bourse-20020129 |author=William Wright |date={{date|2002-1-29}} |title=Euronext completes acquisition of Portuguese bourse}} It was initially anticipated that [Euroclear](/source/Euroclear) would acquire Interbolsa from Euronext, but that transaction did not materialize. On {{date|2021-11-9}}, Interbolsa SA adopted '''Euronext Securities Porto''' as its commerciale name. ===Oslo=== Verdipapirsentralen (VPS), known in English as the Norwegian Central Securities Depository, was incorporated in 1985.{{cite web |website=Euronext |access-date={{date|2025-2-13}} |url=https://www.euronext.com/en/post-trade/euronext-securities/oslo/about-us/our-business |title=The Norwegian CSD}} It merged with the [Oslo Stock Exchange](/source/Oslo_Stock_Exchange) in 2008, and was acquired by Euronext together with the rest of the Oslo Børs VPS Group in 2019.{{cite web |website=Euronext |url=https://www.euronext.com/en/about/media/euronext-press-releases/euronext-completes-acquisition-oslo-bors-vps |date={{date|2019-6-18}} |title=Euronext completes the acquisition of Oslo Børs VPS}} On {{date|2022-1-1}}, VPS was renamed as '''Euronext Securities Oslo'''.{{cite web |website=Euronext |date={{date|2022-1-1}} |url=https://www.euronext.com/en/news/euronext-vps-becomes-euronext-securities-oslo |title=Euronext VPS becomes Euronext Securities Oslo}} ===Copenhagen=== Værdipapircentralen A/S (abbreviated VP), the Danish CSD, was established by law in 1980 as a self-governing private non-profit organization.{{cite web |website=Bank for International Settlements |url=https://www.bis.org/cpmi/publ/d20r2.htm |date={{date|1997-3-5}} |title=VP - The Danish Securities Centre (Denmark)}} Denmark introduced paperless registration of listed bonds in 1983, the first country to do so. In 1988, the same regime was adopted for listed equities. On {{date|2000-1-1}}, Værdipapircentralen was converted into a [joint-stock company](/source/joint-stock_company). On {{date|2009-3-16}}, Værdipapircentralen was formally renamed as '''VP Securities A/S'''. By early 2020, the capital of VP Securities was held by [Danmarks Nationalbank](/source/Danmarks_Nationalbank) (24.2 percent);{{cite web |website=Danmarks Nationalbank |url=https://www.nationalbanken.dk/en/news-and-knowledge/press/archive/2020/danmarks-nationalbank-has-concluded-an-agreement-to-divest-its-ownership-share-in-vp-securities-23-04-2020 |date={{date|2020-4-23}} |title=Danmarks Nationalbank has concluded an agreement to divest its ownership share in VP Securities}} [Danske Bank](/source/Danske_Bank), [Jyske Bank](/source/Jyske_Bank), [Nordea Denmark](/source/Nordea) and [Nykredit](/source/Nykredit), by then Denmark's four largest banks (ca. 46 percent in total); and various other shareholders (ca. 30 percent).{{cite web |website=Euronext |date={{date|2020-4-23}} |url=https://www.euronext.com/en/investor-relations/financial-information/news/euronext-strengthens-its-post-trade-business |title=Euronext strengthens its Post-Trade business with the acquisition of VP Securities, the Danish Central Securities Depository}} Euronext acquire 100 percent of the capital between April and August 2020.{{cite web |website=Euronext |date={{date|2020-8-4}} |url=https://www.euronext.com/en/about/media/euronext-press-releases/euronext-completes-acquisition-vp-securities |title=Euronext Completes the Acquisition of VP Securities}} On {{date|2021-11-9}}, VP was renamed as '''Euronext Securities Copenhagen'''. ===Milan=== Monte Titoli SpA, the Italian CSD, was established in 1978 with support from the [Bank of Italy](/source/Bank_of_Italy) and large Italian banks.{{cite book |author=Peter Norman |title=Plumbers and Visionaries: Securities Settlement and Europe's Financial Market |date=2007 |publisher=John Wiley & Sons |location=London}}{{rp|281}} It started operations in 1981. In 1986, it became the sole depository of all Italian financial instruments except government bonds, which remained deposited at the Bank of Italy until eventual transfer to Monte Titoli in 2000.{{cite web |website=Euronext |url=https://www.euronext.com/sites/default/files/2021-04/4300_MonteTitoli_Interview%20The%20VAN_eng.pdf |date=April 2021 |title=Monte Titoli, Competitiveness Guaranteed: Interview with Pierluigi Dimonopoli, Head of Issuer Services}} Dematerialization was implemented between 1998 and 1999. [Clearstream](/source/Clearstream) bought a 7 percent stake in Monte Titoli at the end of 2000.{{cite web |website=Financial News |url=https://www.fnlondon.com/articles/monte-titoli-joins-the-csd-affray-20020603 |date={{date|2000-6-3}} |title=Monte Titoli joins the CSD affray}} On 6 December 2002, Monte Titoli was acquired by the [Borsa Italiana](/source/Borsa_Italiana) group,{{cite web |website=Borsa Italiana |access-date={{date|2025-2-13}} |url=https://www.borsaitaliana.it/borsaitaliana/storia/storia/privatizzazione.en.htm |title=The history of Borsa: the privatization (1998-2008)}} which in turn was acquired by [London Stock Exchange Group](/source/London_Stock_Exchange_Group) in 2007. It connected to [TARGET2-Securities](/source/TARGET2-Securities) in 2015. Euronext acquired Monte Titoli in 2020-2021 together with the rest of the Borsa Italiana Group. In January 2025, Monte Titoli SpA adopted the commercial name '''Euronext Securities Milan'''.{{cite web |website=Euronext |url=https://www.euronext.com/en/post-trade/euronext-securities/milan |access-date={{date|2025-2-13}} |title=Euronext Securities Milan is now part of the network of Euronext CSDs, channelling investments into local economies and supporting European capital markets}} ==Other Euronext markets== The services provided by Euronext Securities do not cover the entire range of markets in which Euronext has activity as a trading venue and clearing house. Thus, [Euronext Amsterdam](/source/Euronext_Amsterdam), [Euronext Brussels](/source/Euronext_Brussels) and [Euronext Paris](/source/Euronext_Paris) respectively use [Euroclear Netherlands](/source/Euroclear_Netherlands), [Euroclear Belgium](/source/Euroclear_Belgium) and [Euroclear France](/source/Euroclear_France) for securities settlement, whereas [Euronext Dublin](/source/Euronext_Dublin) has used [Euroclear Bank](/source/Euroclear_Bank) since its post-[Brexit](/source/Brexit) migration in March 2021.{{cite web |website=Euroclear |date={{date|2021-3-18}} |url=https://www.euroclear.com/newsandinsights/en/press/2021/2021-mr-07-irish-securities-migration.html |title=Successful migration of Issuer CSD Services for Irish Securities from Euroclear UK & Ireland to Euroclear Bank}} ==See also== * [Euronext Clearing](/source/Euronext_Clearing) * [Euroclear](/source/Euroclear) * [European Central Securities Depositories Association](/source/European_Central_Securities_Depositories_Association) ==References== {{reflist}} Securities Category:Central securities depositories of Europe --- Adapted from the Wikipedia article [Euronext Securities](https://en.wikipedia.org/wiki/Euronext_Securities) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Euronext_Securities?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.