Euronext

Euronext N.V.
Company typePublic
Euronext ParisENX
CAC Next 20 Component
ISINNL0006294274
IndustryFinancial services
Founded1285 (1285) (as Huis ter Beurze)
1602 (1602) (as Amsterdam Stock Exchange)
1724 (1724) (as Paris Bourse)
22 September 2000 (2000-09-22) (present consortium)[1][2][3][4]
HeadquartersParis, France
(operational headquarters)
Amsterdam, Netherlands
(registered office)
Key people
Stéphane Boujnah[5] (CEO & chairman of the Managing Board)
Revenue884,300,000 Euro (2020) Edit this on Wikidata
Number of employees
2,300 (2023) Edit this on Wikidata
Subsidiaries
Websitewww.euronext.com

Euronext N.V. (short for European New Exchange Technology)[6] is a European bourse that provides trading and post-trade services for a range of financial instruments.

Traded assets include regulated equities, exchange-traded funds (ETF), warrants and certificates, bonds, derivatives, commodities, foreign exchange as well as indices. In December 2021, it had nearly 2,000 listed issuers worth €6.9 trillion in market capitalisation.[7] Euronext is the largest center for debt and funds listings in the world, and provides technology and managed services to third parties. In addition to its main regulated market, it operates Euronext Growth and Euronext Access, providing access to listing for small and medium-sized enterprises. Euronext's commodity market includes the electric power exchange Nord Pool, as well as Fish Pool.

Post-trade services include clearing performed by Euronext's multi-asset clearing house, Euronext Clearing, headquartered in Rome, as well as custody and settlement performed by Euronext's central securities depository (CSD), Euronext Securities.

Euronext is registered in Amsterdam but its operational headquarters are located in Paris.[8] It operates major stock exchanges in seven countries: France (Euronext Paris), the Netherlands (Euronext Amsterdam), Belgium (Euronext Brussels), Ireland (Euronext Dublin), Portugal (Euronext Lisbon), Italy (Borsa Italiana) and Norway (Euronext Oslo Børs).

Euronext traces its origins back to the world's first bourses, formed in the Low Countries' shifting trade centres, Bruges, Antwerp and Amsterdam in 1285, 1485 and 1602, respectively, as well as to the foundation of the Paris Bourse in 1724. In its present form, Euronext was established in September 2000 through the merger of the bourses in Amsterdam, Brussels and Paris. The goal was to create a single, integrated, and liquid market for securities trading across Europe. Since its inception, Euronext has continued to expand, and now operates stock exchanges in several European countries, including France, the Netherlands, Belgium, Portugal, Ireland, and Norway. Its creation was followed by the introduction of the single currency and harmonisation of financial markets.

The present day Euronext was spun off from the Intercontinental Exchange (ICE) in 2014,[9] shortly after ICE's acquisition of NYSE Euronext the year before.

On 23 August 2023, the company formed EuroCTP as a joint venture with 13 other bourses, in an effort to provide a consolidated tape for the European Union, as part of the Capital Markets Union proposed by the European Commission.

  1. ^ Kingdom of the Netherlands-Netherlands: Detailed Assessment of Standards and Codes (Report). Staff Country Reports. Washington, D.C.: International Monetary Fund. 29 September 2004. p. 136. IFM Country Report No 04/310. Archived from the original on 11 January 2023. Retrieved 27 December 2013.
  2. ^ Yutaka, Kurihara; Sadayoshi, Takaya; Nobuyoshi, Yamori (2006). Global Information Technology and Competitive Financial Alliances. Idea Group Inc. (IGI). p. 137. ISBN 9781591408833.
  3. ^ Fabozzi, Frank J., ed. (2008). "Handbook of Finance, Financial Markets and Instruments". Handbook of Finance. Vol. 1. John Wiley & Sons. p. 143. ISBN 9780470391075. Archived from the original on 11 January 2023. Retrieved 27 December 2013.
  4. ^ Théodore, Jean-François (22 September 2000). "Birth of Euronext: Speech from Jean-François Théodore, Chairman and Chief Executive Officer of Euronext". Paris Europlace. Archived from the original on 12 March 2016. Retrieved 27 December 2013.
  5. ^ "Euronext nominates Santander's Boujnah as new CEO". Financial Times. 10 September 2015. Archived from the original on 3 February 2018. Retrieved 7 July 2017.
  6. ^ Kraaijeveld, Kees (5 May 2000). "iX, ieks of ai-iks?". de Volkskrant. Retrieved 2 August 2020.
  7. ^ "Acquisition of the Borsa Italiana Group page". Euronext. Archived from the original on 12 May 2021. Retrieved 12 May 2021.
  8. ^ "Euronext va s'installer à la Défense en 2015". Le Figaro. Archived from the original on 11 January 2023. Retrieved 24 August 2019.
  9. ^ Chad Bray (27 May 2014). "IntercontinentalExchange Set to Spin Off Euronext". New York Times. Archived from the original on 16 June 2022. Retrieved 25 August 2014.

Developed by StudentB