Euronext N.V., a holding company incorporated under Dutch law that operates through local subsidiaries, was formed on 22 September 2000 when the exchanges of Amsterdam, Brussels and Paris merged. The Euronext group expanded at the beginning of 2002 with the acquisition of LIFFE (London International Financial Futures and Options Exchange) and the merger with the Portuguese exchange BVLP (Bolsa de Valores de Lisboa e Porto).
Today, Euronext is Europe’s leading cross-border exchange, integrating trading and clearing operations on regulated and non-regulated markets for cash products and derivatives. Euronext was formed in 2000 in response to the globalisation of capital markets and to create a pan-European exchange offering its participants increased liquidity and lower transaction costs.
Achieving the first integrated exchange in Europe
The exchanges of Amsterdam, Brussels and Paris merge to form Euronext N.V., the first cross-border exchange in Europe, headed by a Dutch holding company.
Euronext expands by acquiring LIFFE (London International Financial Futures and Options Exchange).
Euronext continues to grow and merges with the Portuguese exchange BVLP (Bolsa de Valores de Lisboa e Porto).
London Clearing House and Clearnet merge to create LCH.Clearnet, Europe’s leading provider of clearing and central counterparty services.
The integration of Euronext’s markets is completed. Euronext now uses a single platform for cash products (NSC) and a single platform for derivatives products (LIFFE CONNECT®).
Atos Euronext Market Solutions, a 50:50 IT services-related joint-vehicle between Euronext and Atos Origin, is created to manage Euronext’s two cutting-edge trading platforms: NSC and LIFFE CONNECT®, which were previously the responsibility of AtosEuronext and LIFFE MarketSolutions, respectively.
A major stake in MTS, the leading electronic market for European wholesale fixed income securities, is acquired through MBE Holding, a 51:49 joint-venture between Euronext and Borsa Italiana.
SEC and Euronext in NYSE merger plan talks
August 3, 2006 – The Securities and Exchange Commission plans to hold its first high-level meeting with Euronext officials next month as the US financial regulator seeks to better understand the regulatory implications of its planned merger with the New York Stock Exchange.
Read NYSE and Euronext – An opportunity for Europe
Comments are closed.