Trading

Euronext free to pursue M&A after Dutch capital pact

European exchange group reaches agreement with Dutch Ministry of Finance over more flexible capital requirements

Wednesday 11 May 2016 at 07:24

Euronext chief executive officer Stephane Boujnah
Euronext chief executive officer Stephane Boujnah Photo: Getty Images

Euronext has reached an agreement with Dutch regulators to ease proposed capital requirements, a move the exchange operator said will now make it easier for it to pursue acquisitions.

Euronext had stricter bank-like capital requirements imposed on it by the Dutch Ministry of Finance in June 2014 when it sought a license to operate in the Netherlands following its separation from the Atlanta-based IntercontinentalExchange.