What is the Paris Stock Exchange?

The Paris Stock Exchange is an informal name of the main French stock exchange of securities. Historically it was known as the Paris storm. In 2000, Paris was renamed Euronext as part of an Agreement with Stock Exchange in three other countries.

The first single and the permanent Paris Stock Exchange was founded at the beginning of the 19th century. Before this time, shares were traded at several physical places in the city. Traders eventually settled in one place, Palais Brongnart. Given that "Bourse" is a French word that can be transferred to several English financial terms, including the stock exchange, the building also became known as Palais de la Bours, and the exchange itself was referred to as the Paris Bourse. The resulting alliance is known as Euronext, with the French stock exchange now known as Euronext Paris. Given as a whole, EURONEXTNGE exchange is larger than any other in Europe, enter the London Stock Exchange in the UK. In 2007, Euronext created an alliance with New York Exchange to create NYSE EuronEXT, a step inspired by rumors that another main US Stock Exchange will buy the London Stock Exchange.

There are four sections to the Paris Stock Exchange. Premier Marche, which is the first market, but is generally referred to as an official list, consists of the largest publicly traded companies. Medium -sized companies fall under the second March. Nouveau Marche covers new companies that are rapidly expanding and need access to capital to finance this expansion. Any other securities fall under Marche Libre or free market; These stores are not regulated and Euronext Paris only acts in an administrative role.

The Paris Stock Exchange was one of the first to change the exchange for the transition to the electronic trading system. Until 1986, he used an open scream in which traders closed shops personally through verbal communication and hand gestures. At this point began bu ofRZA install a computer trade with assisted trading and purchased technology originally used on the market in Toronto. The main advantage is that traders now have full access to market data and can make more informed decisions. The main disadvantage is that traders cannot read body language or facial expressions that could inform them about how strong or weak positioning of another trade is.

IN OTHER LANGUAGES

Was this article helpful? Thanks for the feedback Thanks for the feedback

How can we help? How can we help?