Euronext Paris


Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam, Lisbon, and Brussels exchanges in September 2000 to form Euronext NV, which is the second largest exchange in Europe behind the United Kingdom's London Stock Exchange Group.

Euronext Paris
Euronext logo.svg
Palais Brongniart Paris.jpg
TypeStock exchange
LocationParis, France
Founded1724; 296 years ago (1724) (as Paris Bourse)
2000; 20 years ago (2000) (as Euronext Paris)
OwnerEuronext
Key peopleAnthony Attia (CEO)
CurrencyEUR
No. of listings1,078[1]
IndicesCAC 40
CAC Next 20
CAC Mid 60
CAC Small
Websitewww.boursedeparis.fr

OperationsEdit

It operates the MATIF futures exchange, which trades futures and options on interest rate products and commodities, and MONEP, equity and index futures and options. All products are traded electronically on the NSC system adopted by all of the Euronext members. Transactions are cleared through LCH.Clearnet. Cash settlement is T+2.[2] Trading hours are 9 am to 5:30 pm CET, Monday to Friday.

Structure and indicesEdit

The French equities market is divided into three sections. The Premier Marché, formerly called the Official List, includes large French and foreign companies, and most Bond issues. The Second Marché, lists medium-sized companies, while nouveau marché lists fast-growing start up companies seeking capital to finance expansion, linked to Euro.nm, the European equity growth market. A fourth market, Marché Libre, is nonregulated, administered by Euronext Paris for transactions in securities not listed on the other three markets.

Euronext Paris calculates a family of indices. The CAC 40 is the exchange's benchmark, disseminated in real time. Its components are included in the broader SBF 120 Index, a benchmark for investment funds. The SBF 250 index, a benchmark for the long-term performance of equity portfolios, includes all of the SBF 120; it is structured by sector. The MIDCAC index includes 100 of the most liquid medium-size stocks on the Premier Marché and Nouveau Marché calculated on the basis of opening and closing prices, while the Second Marché index focuses on that market. Both indices are benchmarks for funds. The Nouveau Marché Index represents stocks in the growth market. The SBF-FCI index is based on a selection of convertible bonds that represent at least 70% of the total capitalization of this market, calculated twice daily. For derivatives, MONEP trades short-term and long-term stock options and futures and options on a family of Dow Jones indices. MATIF's products include commodity future and options on European rapeseed and futures on rapeseed meal, European rapeseed oil, milling wheat, corn and sunflower seeds; interest rate futures and options on the Euro notional bond, five-year Euro and three-month PIBOR (Paris Interbank Offered Rate), and futures on the 30-year Eurobond and two-year E-note, and index futures on the CAC 40.

Key figuresEdit

For the fiscal year ending December 2004, Euronext Paris recorded sales of US $522 million, a −12.9% decrease in sales from 2003.

Euronext Paris has a US $2.9 trillion total market capitalization of listed companies and average daily trading value of its combined markets of approximately US $102 billion/€77 billion (as of 28 February 2007).

The following timeline outlines the consolidation through mergers and acquisitions among bourses in the European Union, which has taken place since the 1990s in response to financial harmonisation and liberalisation. Current, independent (parent) exchange companies are shown in colour.

      Intercontinental Exchange, Inc.
    New York Stock Exchange, Inc.     NYSE Euronext, Inc.
      London Traded Options Market   London International Financial Futures and Options Exchange   Euronext N.V.
        London International Financial Futures Exchange
      London Commercial Sale Rooms   London Commodity Exchange  
  Amsterdam Exchanges N.V. (Amsterdam Stock Exchange)       Euronext N.V.
      Bourse de Valeurs Mobilières de Bruxelles S.A. (Brussels Stock Exchange)
    Société des Bourses Françaises S.A. (Paris Stock Exchange)
      Bolsa de Valores de Lisboa e Porto (Lisbon Stock Exchange)
            Irish Stock Exchange  
                  Oslo Stock Exchange   Oslo Børs Holding ASA   Oslo Børs VPS Holding ASA  
                                        Verdipapirsentralen   Verdipapirsentralen ASA  
                                      VP Securities A/S  
                    Borsa Italiana S.p.A. (Italian Bourse)   London Stock Exchange Group plc  
      London Stock Exchange plc  
                                                Statnett Marked AS     Nord Pool Spot AS   Nord Pool AS  
                                                Nord Pool ASA  
                                    Nasdaq, Inc.
                        Stockholm Stock Exchange   OM AB   OM HEX AB   OMX AB
                            Helsinki Stock Exchange   Helsinki Exchanges Group Plc
                                                  Tallinn Stock Exchange  
                                                Riga Stock Exchange  
                                                Vilnius Stock Exchange
    Copenhagen Stock Exchange  
                                            Iceland Stock Exchange  
                                                            Armenian Stock Exchange  
                                                  SIX Swiss Exchange AG
                        Bolsas y Mercados Españoles, Sociedad Holding de Mercados y Sistemas Financieros, S.A. (Spanish Bourses)  
                            Budapest Stock Exchange       Budapest Stock Exchange
            Wiener Börse AG (Vienna Stock Exchange)   Central and Eastern Europe Stock Exchange Group AG   Vienna Stock Exchange
                                                  Burza cenných papírů Praha, a.s. (Prague Stock Exchange)  
                                              Ljubljana Stock Exchange      
                                                Zagreb Stock Exchange
  Frankfurter Wertpapierbörse AG (Frankfurt Stock Exchange)     Deutsche Börse AG (German Bourse)
                                    Centrale de Livraison de Valeurs Mobilières   Cedel International  
                                                                European Energy Exchange  
                                                            Eurex Exchange  
                                                            STOXX
1585
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1625
1698
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1769
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1864
1912
1954
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2000
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See alsoEdit

ReferencesEdit

  1. ^ "Cours, Bourse de Paris". Euronext. Retrieved 1 January 2016.
  2. ^ "T+2 Standard settlement Lifecycle update". Euronext. 28 July 2014. Retrieved 28 February 2015.

External linksEdit

Coordinates: 48°52′07.42″N 02°19′37.81″E / 48.8687278°N 2.3271694°E / 48.8687278; 2.3271694