Equiduct is pleased to announce the launch of commission-free trading for retail brokers in US-listed equities denominated in US Dollars on its market, effective 1 June 2026.
This new segment represents a significant expansion of Equiduct’s product offering and further strengthens its position as a cost-efficient, pan-European trading venue providing seamless access to global liquidity.
Instruments Universe
The initial universe of US Stocks available at launch will consist of:
• Constituents of the S&P 500 Index, and
• A limited number of additional household US equities outside of the S&P 500 Index.
The universe will be expanded following the launch, subject to member demand. Details of the instruments included in the initial universe will be communicated separately.
Extended Trading Hours
To support the launch of its US Segment, Equiduct will offer extended trading hours for US Stocks traded in US Dollars. Trading hours will cover European market opening hours, and extend continuously through to the US market close.
Further details on the exact trading schedule will be published ahead of the go-live date.
Clearing and Settlement
All Equiduct trades executed in US stocks in US Dollars will be locally cleared in Europe via an interoperable European CCP and settled directly in the Depository Trust & Clearing Corporation (DTCC) in the US. The list of supporting CCPs will be communicated at a later stage.
The launch of US Stocks on Equiduct will be supported by a disruptive and highly cost-effective commercial trade and post-trade model, including:
• Zero execution fee for retail brokers
• Minimal super-netted clearing fees
• Extremely competitive settlement fees
Equiduct members and prospective participants are encouraged to contact their local Equiduct representative to benefit from a free simulation of these Execution-to-Settlement costs.
Market Data
Equiduct will offer US Market Data as part of its existing market data package. This enhancement will be available to current Equiduct members, and market data consumers with no separate US-specific data package charge.
Further details on market data specifications will be communicated in due course.
UAT and Go-Live Timeline
- 1 May 2026 – UAT environment available
- 1 June 2026 – Production Go-Live
The UAT environment for Trading Members and Market Data clients will open on 1 May 2026. Clients requiring technical documentation or requesting UAT access, please contact Equiduct Market Control at: marketcontrol@equiduct.com
Clients requiring commercial details or wishing to obtain Execution-to-settlement costs simulations related to their US activity are invited to contact the Equiduct Sales Team at: Growth@equiduct.com
Clients requiring technical documentation or details related to the addition of US market data are invited to contact Equiduct Market Data at: marketdata@equiduct.com
Equiduct will continue to provide additional information and any relevant operational instructions in advance of the go-live date.
