What Is Euronext?

Euronext NV On March 18, 2000, Amsterdam Exchange, Brussels Exchange, and Paris Exchange signed an agreement to merge into Euronext. Founded on December 22, 2000. Headquarters are in Paris, with branches in Belgium, France, the Netherlands, Portugal, Luxembourg and the United Kingdom. In addition to providing asset and derivative markets, Euronext also provides settlement services and information services. On January 31, 2006, the market value of assets traded on the Euronext reached US $ 2.9 trillion, making it the fifth largest exchange in the world. Euronext and NYSE Group merged in April 2007 into NYSE Euronext, the first global stock exchange.

Euronext

The first feature of Euronext is that all companies intending to be listed on Euronext can freely choose to be listed on any stock exchange in Amsterdam, Paris, Brussels, Lisbon, and are subject to the laws and regulations of the country in which they are listed. Similarly, market participants can trade securities through any stock exchange. Taking into account the requirements of government regulation and respect for the business and trading environment of each member country, Euronext's five trading institutions (all of which are wholly-owned subsidiaries of Euronext) still exist and trade after high integration. Although the transaction can still be conducted in the five places, its trading system, clearing system and delivery system are all unified. Although the financial regulatory agencies of the Netherlands, France, Belgium, Portugal and other countries are different in terms of organizational form, terms of reference, and operation methods, they are the same in protecting the interests of investors and ensuring the orderly operation of the market. Several of these agencies have entered into agreements to coordinate supervision of the Euronext Group. The second characteristic of Euronext is that it not only has various securities trading (cash) platforms, but also has a rich variety of futures, options and other financial derivatives platforms (LIFFE), which provides market participants with more options and avoids risks. Get profit. The third characteristic of Euronext is that since the day it was founded, it has always adhered to a cooperative and open business philosophy, and constantly strengthened itself through cooperation and expansion to serve customers. Its establishment is a pioneering initiative, combining the stock exchanges of the Netherlands, France, and Belgium into one, which not only expands the market, facilitates investors, but also reduces transaction and operating costs. Later, Euronext merged LIFFE and BVLP, enriched the trading varieties and expanded geographical coverage, becoming an important gateway to European capital markets.