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Euronext N.V.
Public
Traded as Euronext Paris: ENX
CAC Next 20 Component
ISIN ISIN: [https://isin.toolforge.org/?language=en&isin=NL0006294274 NL0006294274]
Industry Financial services
Founded 1285; 740 years ago (1285) (as Huis ter Beurze)
1602; 423 years ago (1602) (as Amsterdam Stock Exchange)
1724; 301 years ago (1724) (as Paris Bourse)
22 September 2000; 24 years ago (2000-09-22) (present consortium)
Headquarters Paris, France
(operational headquarters)
Amsterdam, Netherlands
(registered office)
Key people
Stéphane Boujnah (CEO & chairman of the Managing Board)
Revenue 1,627 million (2024)
620.684 million (2024)
Number of employees
2455 (2024)
Subsidiaries
  • Euronext Clearing
  • Euronext Securities
  • Euronext FX
  • Commodity exchanges:
  • Nord Pool
  • Fish Pool

Euronext N.V. is a big European company. Its full name, European New Exchange Technology, tells you what it does. Euronext runs many important stock exchanges across Europe. It helps people buy and sell different financial things. Think of it like a huge marketplace for money and investments.

Euronext has its main office in Amsterdam, Netherlands. But its daily operations are run from Paris, France. It manages stock exchanges in seven countries. These include France (Euronext Paris), the Netherlands (Euronext Amsterdam), Belgium (Euronext Brussels), Ireland (Euronext Dublin), Portugal (Euronext Lisbon), Italy (Borsa Italiana), and Norway (Euronext Oslo Børs).

You can trade many things on Euronext. This includes company shares, special funds called ETFs, and even things like bonds. It also handles trading for goods like electricity and fish. By the end of 2023, nearly 2,000 companies were listed on Euronext. Their total value was about €6.6 trillion.

Euronext is the world's largest place for listing bonds and funds. It also offers technology services to other companies. Besides its main market, Euronext has special markets for smaller companies. These are called Euronext Growth and Euronext Access. Euronext Paris is the biggest part of Euronext. It makes up over 80% of the total market value. Euronext also helps trade important goods. It runs markets for power through Nord Pool and for fish through Fish Pool.

Euronext also provides services after trades happen. This includes "clearing" through Euronext Clearing in Rome. Clearing makes sure that trades are completed safely. It also offers "custody and settlement" services through Euronext Securities. This means it helps keep track of who owns what and makes sure payments are made.

The history of Euronext goes back a long way. Some of its roots are in very old trading places. These include markets in Bruges (1285), Antwerp (1485), and Amsterdam (1602). The Paris Bourse started in 1724. The Euronext we know today was created in September 2000. This happened when the stock exchanges in Amsterdam, Brussels, and Paris merged. The goal was to create one big, easy-to-use market for trading across Europe. Since then, Euronext has grown a lot. It now includes stock exchanges in many more European countries.

In August 2023, Euronext joined with 13 other exchanges to form EuroCTP. This group aims to create a "consolidated tape" for the European Union. This will make it easier to see all trading information in one place.

How Euronext Started

Early Stock Exchanges

In 1998, some big stock exchanges wanted to work together. The London Stock Exchange and Deutsche Börse (from Germany) planned an alliance. They wanted to be stronger against competition. They also wanted to benefit from Europe's single currency, the euro. In April 1999, exchanges from Paris, Zurich, Madrid, Brussels, Amsterdam, and Milan also signed an agreement.

Forming Euronext in 2000

Original Euronext logo
Euronext logo from 2000 to 2007

Only three exchanges decided to go ahead with the merger. On September 22, 2000, Euronext was officially formed. This happened when the Amsterdam, Brussels, and Paris stock exchanges joined together.

In 2001, Euronext itself became a publicly traded company. This means its own shares could be bought and sold. In December 2001, Euronext bought the London International Financial Futures and Options Exchange (LIFFE). This created Euronext.LIFFE. In 2002, Euronext also merged with the Portuguese stock exchange, which became Euronext Lisbon.

Joining with the New York Stock Exchange

Logo of NYSE Euronext 2007-2012
Logo of NYSE Euronext from 2007 to 2012
NYSE Euronext 2012
Logo used by NYSE Euronext from 2012 to 2014

In 2006, the NYSE Group, which owns the New York Stock Exchange (NYSE), offered to buy Euronext. This was a big deal, worth about €8 billion. Another German stock market, Deutsche Börse, also made an offer. But NYSE Group and Euronext decided to merge.

On April 4, 2007, the merger was completed. This created a new company called NYSE Euronext. This new company aimed to be the world's first truly global stock market. It planned to allow trading for 21 hours a day.

There were talks about NYSE Euronext merging with Deutsche Börse again in 2011. This would have created the largest exchange ever. However, European regulators blocked the deal in 2012. They worried it would create too much control in one company.

Becoming Independent Again

Who owns Euronext (as of April 30, 2024):
  • Dutch ABN AMRO (0.52%)
  • French Deposits and Consignments Fund (8.04%)
  • Italian CDP Equity (8.04%)
  • Belgium-based Euroclear Group (5.63%)
  • Italian Intesa Sanpaolo (1.54%)
  • Belgian Federal Holding and Investment Company (5.31%)

In 2012, another company called Intercontinental Exchange (ICE) decided to buy NYSE Euronext. This deal was worth $8 billion. ICE mainly traded goods like oil, while NYSE traded stocks. So, the deal was approved. ICE then decided to sell off the Euronext part of the company.

On June 20, 2014, Euronext became an independent company again. It did this through an "initial public offering" (IPO). This means its shares were sold to the public for the first time. To help Euronext stay strong, a group of eleven investors bought a large part of the company.

Since then, Euronext has continued to grow.

  • In August 2017, it bought FastMatch, a currency trading platform.
  • In March 2018, it bought the Irish Stock Exchange, which became Euronext Dublin.
  • In June 2019, it bought the Oslo Stock Exchange.
  • In December 2019, it bought most of Nord Pool, an electricity exchange.
  • In April 2021, Euronext completed a big purchase of the Italian Bourse (Milan Stock Exchange). This made Euronext even bigger in European financial markets.

In November 2024, Euronext announced a new plan called "Innovate for Growth 2027." This plan focuses on growing its services beyond just trading. It wants to expand in areas like data solutions and technology. It also aims to be a leader in trading bonds, currencies, and goods. Euronext also plans to be the top market for ETFs in Europe. The company also set a goal to be "Net Zero" by 2027, meaning it will try to have no negative impact on the environment.

In July 2025, Euronext made an offer to buy the Athens Stock Exchange.

What Euronext Does

Trading Services

Buying and Selling Shares

Effectenbeurs Amsterdam na koersval overzicht, Bestanddeelnr 934-1095
The trading floor at Euronext's office in Amsterdam

Where big European companies are listed (2021):      Euronext: 28 (56%)     Deutsche Börse (FWB/Xetra): 12 (23%)     SIX: 6 (12%)     Other (9%)

Euronext runs its main market where companies list their shares. It also has two special markets for smaller companies. These are called Euronext Growth and Euronext Access. They make it easier for small and medium-sized businesses to get listed.

Euronext uses a special computer system called Optiq for all its trading.

Euronext markets (September 2020)
Type of Market Main Market Markets for Smaller Companies
Market Name Euronext Euronext Growth Euronext Access
Number of Companies Listed 776 229 180
Average Value when First Listed (€m) Size 278.1 22.8 0.1
Total Market Value 5,514 97 51
Where you can list (by city)
Amsterdam Yes No No
Brussels Yes Yes Yes
Lisbon Yes Yes Yes
Dublin Yes Yes No
Milan Yes Yes No
Oslo Yes Yes No
Paris Yes Yes Yes

Euronext also manages many important stock market indexes. These include national indexes for each country and larger European ones.

Main Indexes Managed by Euronext
Name Symbol Currency
European
European Union Euronext 100 N100 EUR
National
Netherlands AEX AEX EUR
Belgium BEL 20 BEL20 EUR
France CAC 40 PX1 EUR
Republic of Ireland ISEQ 20 ISEQ20 EUR
Italy FTSE MIB MIB EUR
Portugal PSI 20 PSI20 EUR
Norway OBX 25 OBX NOK

Trading Currencies

Euronext FX is a global platform for trading different currencies. It was known as FastMatch until 2019.

Trading Goods

Euronext allows trading in many physical goods. These include electricity (through Nord Pool), salmon futures (through Fish Pool), and farm products like wheat and corn.

Other Trading

Euronext also handles trading for other financial products. These include derivatives, bonds, and exchange-traded funds (ETFs). It is the largest place in the world for listing debt and funds.

After-Trade Services

Keeping Track of Securities

Euronext helps keep track of who owns what shares and bonds. It also makes sure payments are settled. It does this through its central securities depository (CSD), Euronext Securities. This service is based on Euronext's ownership of older national CSDs in Denmark, Italy, Norway, and Portugal.

Clearing Trades

Euronext also has a "clearing house" called Euronext Clearing. This company makes sure that all trades are completed safely and correctly. It was previously known as Cassa di Compensazione e Garanzia S.p.A. (CC&G).

Services for Companies

Euronext Corporate Services (ECS) is a part of Euronext. It was started in 2016. ECS offers solutions and services to over 4,000 organizations. These range from large companies to public sector groups. ECS has bought several companies that offer services like webcasting and compliance software.

Financial Information

(amounts in millions)
Year Revenue EBITDA Net result
2014 €458,5 €225,4 €118,2
2015 €518,5 €283,8 €172,7
2016 €496,4 €283,9 €197,0
2017 €532,3 €297,8 €241,3
2018 €615,0 €354,3 €216,0
2019 €679,1 €399,4 €222,0
2020 €884,3 €520,0 €315,5
2021 €1298,7 €752,8 €413,3
2022 €1418,8 €861,6 €437,8
2023 €1474,7 €864,7 €555,3

See also

Kids robot.svg In Spanish: Euronext para niños

  • Bourse of Antwerp, the world's first financial exchange
  • Economy of the European Union
  • Euroclear
  • List of European stock exchanges
  • List of stock exchanges
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