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Europe (Euronext)Paris (group HQ)AMF / AFM / FSMA / CMVM / CBI / FT / CONSOBEUR

Euronext Stock Loans in Europe (Euronext)

Stock loans (securities-backed financing) against shares listed on Euronext (Euronext) — for family offices, founders and controlling shareholders.

01 · Process
How it works

From enquiry to funding.

StageWhat happensTiming
01Confidential enquiryThe holding and the objective, shared under NDA through a secure channel.Day one
02Indicative termsStructure, sizing and indicative pricing returned against the position.1–2 days
03Structuring & documentationKYC, share and market review; terms formalised under institutional documentation alongside your counsel.1–2 weeks
04Custody & fundingPledged shares held at a qualified custodian; collateral secured and proceeds released.On completion
02 · The Market
United Kingdom & Europe

About Euronext.

Euronext is the principal cash-equity venue of Europe (Euronext). Founded in 2000 (merger; constituent exchanges from the 16th century - Amsterdam being the oldest formal stock exchange in the world), it operates under the oversight of National regulators in each jurisdiction (AMF France, AFM Netherlands, FSMA Belgium, CMVM Portugal, CBI Ireland, Finanstilsynet Norway, CONSOB Italy), and its leading benchmarks are Euronext 100, CAC 40, AEX, BEL 20, PSI 20, ISEQ 20, OBX, FTSE MIB. Listing standards are set out in the Euronext Rule Book; harmonised across markets with national-law overlays.

Euronext at a glance:

Listed venueEuronext
RegulatorNational regulators in each jurisdiction (AMF France, AFM Netherlands, FSMA Belgium, CMVM Portugal, CBI Ireland, Finanstilsynet Norway, CONSOB Italy)
CurrencyEUR (principally; NOK for Oslo)
SettlementT+2
Disclosure threshold5% (lower in France, Norway)
Principal indicesEuronext 100, CAC 40, AEX, BEL 20, PSI 20, ISEQ 20, OBX, FTSE MIB

A single trading platform spanning seven national exchanges, with Amsterdam (the original 1602 venue) and Paris as principal listings hubs. Euronext Milan added the depth of Borsa Italiana following its 2021 acquisition.

On Euronext specifically, eligibility turns on where the name sits across the group’s seven markets. National blue-chips — CAC 40 in Paris, AEX in Amsterdam, BEL 20 in Brussels, PSI 20 in Lisbon, ISEQ 20 in Dublin, OBX in Oslo and FTSE MIB in Milan — and the broader Euronext 100 carry the free float and daily turnover that support a higher loan-to-value. Euronext Milan added the depth of the former Borsa Italiana names after the 2021 acquisition. Euronext Growth and Euronext Access small-caps are financed more selectively. Whether a name is reportable under the EU Short Selling Regulation is a useful read on the liquidity the market itself ascribes to it.

03 · Eligibility
For Institutional Positions

What qualifies on Euronext.

Euronext ranks among the deepest equity pools anywhere; eligibility turns on the stock itself — its free float, daily traded volume, and how concentrated the line is.

For any given Euronext position, our review looks at: free float and daily traded volume against the size of the transaction; your status (controlling shareholder, director, substantial shareholder) and the disclosure that follows; the issuer’s sector and listing segment; and what the transaction must do (LTV, tenor, currency, recourse, custody).

04 · Disclosure
AMF / AFM / FSMA / CMVM / CBI / FT / CONSOB

Framework cited on Euronext.

The principal regulatory reference on Euronext is EU Transparency Directive 2004/109/EC. How it applies to any single transaction — reporting levels, step thresholds — turns on the underlying rules and national-law overlays, which we map against your contemplated transaction at the structuring stage alongside the counsel you appoint.

The citations above are public regulatory references, given for orientation only and not as legal advice. Take independent legal advice in the relevant jurisdiction for any specific transaction.

See the full process →

05 · FAQ
Euronext · Stock Loans

What holders ask about Euronext.

01Which Euronext-listed shares qualify for a stock loan?
As a rule, the more liquid the name, the cleaner the facility. Euronext 100 and national index constituents — CAC 40, AEX, BEL 20, FTSE MIB and the rest — support the highest loan-to-value; Euronext Growth and Access small-caps are taken case by case. We quote indicative terms only after reviewing the specific line: its free float, daily turnover, and any lock-up or major-holding restriction.
02How much can I borrow against a Euronext-listed holding?
The loan-to-value is set to the specific holding — free float, daily traded volume, volatility, and your regulatory standing. We quote indicative ratios only after reviewing the actual Euronext position.
03Which Euronext segments can I borrow against?
We look at each case across the segments Euronext runs: Regulated Markets in each city; Euronext Growth; Euronext Access. Higher tiers are usually simpler to structure, as free float and liquidity are deeper.
04What currency can the facility be drawn in?
The default is EUR, the listing currency. Cross-currency structures are common and readily arranged.
05What is the settlement cycle on Euronext?
Equities listed on Euronext generally settle on T+2. We align the pledge and the drawdown mechanics to that cycle.
06What is the disclosure threshold on Euronext?
The principal level is 5% (lower in France, Norway), under EU Transparency Directive 2004/109/EC. Crossing it triggers a notification; we map the exact thresholds to your holding.
07How long does a Euronext stock loan take to arrange?
Indicative terms within one to two business days of an enquiry, with documentation and funding usually inside about three weeks, depending on custody onboarding and the size of the line.
06 · Other Venues
Europe (Euronext)

Other venues.

United Kingdom · Germany · Switzerland · Italy · Spain · Sweden

Europe (Euronext) overview →

A particular Euronext holding to talk through?

Send a confidential enquiry, and a senior principal will reply within one business day.