--- title: European Equity Capital Markets Continue Expansion description: Equity underwriting on European exchanges rose 70% in the first half. image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/trading-across-the-pond-May-12-2022-09-34-04-71-AM.png --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/european-equity-capital-markets-continue-expansion#popup-newsletter) #### Want the latest news on securities markets -- FREE? 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The report provides an update on the performance of the equity market in Europe in activities such as primary issuance, Mergers and Acquisitions (M&A), trading, and equity valuations. https://twitter.com/AFME\_EU/status/1425794651336871943 **Key highlights:** - **Equity underwriting **on European exchanges rose 70% in H1 2021 compared to H1 2020 and 108% compared to H1 2019. - IPOs rose by 7.5x year-on-year (YoY) with the largest H1 amount of proceeds since 2015. - SPAC IPOs represented 15% of total European IPOs in Q2 2021 (vs. 22% of the total in the US during the same quarter). - In Q2 2021, equity issuance on Jr exchanges reached a quarterly record amount of €7.7bn in proceeds. - **Completed Mergers and Acquisitions (M&A) **of European companies totalled €523.9bn in H1 2021, a 50% increase from H1 2020 and a 20% increase from H1 2019. - Announced M&A totalled €622.2bn in H1 2021, a 99% increase from H1 2020 and 56.4% increase compared to H1 2019. - De-SPAC acquisitions represented 6% of the total announced M&A volume in Europe in Q2 2021 (vs 16% of the total in the US). - **Average daily equity trading activity on European main markets and MTFs **stood at €68.2bn in H1 2021, 7% below the average daily observed in H1 2020. - **Double Volume Cap (DVC) update: **the number of instruments banned from dark trading has recently increased to 307 at the EU or trading venue level as of July 2021 (from 205 in Dec-20). Source: AFME [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/european-equity-capital-markets-continue-expansion) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/european-equity-capital-markets-continue-expansion) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/european-equity-capital-markets-continue-expansion) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. 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