Euronext N.V. (short for European New Exchange Technology)
is an integrated European stock exchange providing trading and post-trade
services for a variety of financial instruments.
The listed assets cover regulated equities, exchange-tradedfunds (ETFs), warrants and certificates, bonds, derivatives, commodities,
foreign exchange, and indices. By the end of 2023, Euronext had nearly 2,000
listed issuers with a market capitalization of about €6.6 trillion.
Euronext is the largest global center for debt and fund
listings and provides technology and managed services to third parties.
Euronext Growth and Euronext Access aim to enhance access to listings for
small- and medium-sized enterprises, while the main regulated market Euronext
mainly operates in Paris, which accounts for more than 80% of Euronext’s total
market cap.
Euronext also significantly supports commodity trading in
power markets through Nord Pool and fish markets through Fish Pool, as well as
other agricultural commodities, namely milling wheat and rapeseed.
In the post-trade domain, clearing functions are performed
in Euronext's multi-asset clearing house, Euronext Clearing, headquartered in
Rome, custody and settlement are performed by Euronext's central securities
depository (CSD), Euronext Securities.
Registered in Amsterdam, Euronext has its operational
headquarters in Paris. It operates major stock exchanges in seven countries,
that being France (Euronext Paris), the Netherlands (Euronext Amsterdam),
Belgium (Euronext Brussels), Ireland (Euronext Dublin), Portugal (EuronextLisbon), Italy (Borsa Italiana), and Norway (Euronext Oslo Børs).
With the acquisition of Borsa Italiana, Euronext
consolidated its position as a debt and fixed-income markets hub in Europe
greatly, adding MTS and Monte Titoli, the leading central securities depository
in Italy.
Euronext traces its origins back to the world's first
exchanges initiated in the Low Countries' shifting trade centers, Bruges in
1285, Antwerp in 1485, Amsterdam in 1602, and the Paris Bourse founded in 1724.
In its current incarnation, Euronext came into being in September 2000 as a
merger between the Amsterdam, Brussels, and Paris exchanges. The intention was
to establish a singular, integrated, and liquid European securities trading market.
Ever since its establishment, Euronext has expanded into what is today a
pan-European exchange with trading venues in France, the Netherlands, Belgium,
Portugal, Ireland, and Norway. Its very establishment created a platform just
before the introduction of the single currency and harmonization of financial
market structure.
Present-day Euronext was spun out by the IntercontinentalExchange (ICE) in 2014, just after ICE's purchase of NYSE Euronext the previous
year.
On August 23rd, 2023, the company formed EuroCTP, as a joint
venture with 13 other exchanges in order to provide the European Union with a
consolidated tape, one of the very initiatives under the Capital Markets Union
agenda proposed by the European Commission.
Euronext N.V. – Managing Board & World Offices
Managing Board Members
| Name | Position |
|---|---|
| Stéphane Boujnah | CEO & Chairman of the Managing Board |
| Manuel Bento | COO |
| Simon Gallagher | CEO, Euronext London & Global Sales |
| Fabrizio Testa | CEO of Borsa Italiana |
| Daryl Byrne | CEO of Euronext Dublin |
| Isabel Ucha | CEO of Euronext Lisbon |
| René van Vlerken | CEO of Euronext Amsterdam |
| Benoît van den Hove | CEO of Euronext Brussels |
| Øivind Amundsen | CEO of Oslo Børs |
Global Offices
| City | Country | Office Type |
|---|---|---|
| Amsterdam | Netherlands | Registered Office |
| Paris | France | Operational HQ |
| Brussels | Belgium | Exchange Office |
| Dublin | Ireland | Exchange Office |
| Lisbon | Portugal | Exchange Office |
| Milan | Italy | Exchange Office |
| Oslo | Norway | Exchange Office |
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