Euronext Replaces Legacy Pricing Engines with Horizon Software
Monitoring and pricing derivatives instruments in real-time will be ensured by Horizon.
![esnault-denis-euronext esnault-denis-euronext](/sites/default/files/styles/landscape_750_463/public/import/IMG/090/315090/esnault-denis-euronext.jpg.webp?h=ecc9e771&itok=dMjV1Qdp)
The exchange will replace its legacy settlement and pricing engine with the Horizon's suite of volatility management tools to price derivatives and set trading limits automatically for market participants. It will use the volatility and pricing models available in the system to monitor about 70,000 options and futures in real time.
The calculation and dissemination of settlement prices on an intra-day basis is crucial to the exchange business but Denis Esnault, Euronext's CIO, who spent most of
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