A brief history of the Euronext and its role in today’s markets

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At the heart of the European capital markets is Euronext, an inter-border stock exchange that has been through a lot of transformations before it became the largest in the world.

Its early history tells about the crucial 2000 merger that brought Brussels, Paris and Amsterdam stock exchanges together.  Its further acquisition of the Bolsa de Valores de Lisboa e Porto (BVLP), the Portuguese stock exchange and the London International Financial Futures and Options Exchange (LIFFE) the following years have made Euronext a global superpower.

Its influence and markets expanded beyond Europe that in 2007, an agreed merger was reached with the NYSE Group, giving birth to the NYSE Euronext, based in New York and holds the record for the largest equities-based exchange in the world.

In the following year, it was managing different types of exchanges from six countries, with almost 4,000 (as of 2008 data) organizations representing an impressive market capitalization of $30.5 trillion. By this time, Euronext was operating and managing the most liquid exchange group across all continents.

In 2012, Euronext revealed its plans to operate listings venue in England, particularly in London under the name, Euronext London. This move boosted its visibility and reinforced its competitive seat in the Europe.

Currently, Euronext connects four of the national markets in the European regions. Aside from cash and derivatives markets, it offers listing market data, market solutions as well as settlement and custody services.

It operates trading stocks of many major companies from each of its participating countries while also managing the primary national indices related to these stocks.

As of 2016, Euronext has 259 members divided into dealers, fund agents and brokers – in which 51 are trading clearance members and 208 are trading members.