The Paris Stock Exchange is currently known as NYX or the NYSE Euronext, which was formed by the merging of Euronext N.V. and NYSE Group, Incorporation on 4th April in 2007. The stock exchanges of Paris, Amsterdam and Brussels merged together to form the Euronext N.V in the year 2000.
NYSE Euronext or Paris Stock Exchange handles the functioning of the most liquid and greatest exchange group of the world. It offers a diverse range of financial services and products that are extremely helpful for its clients. The stockbrokers of Paris Stock Exchange are very professional and provide efficient services.
The Paris Stock Exchange regulates the functioning of the MATIF futures exchange as well as the MONEP. Some of the major functions of the Paris Stock Exchange include controlling the index futures, equities and much more. There are certain products and systems that are used and followed by the NYX. For example, for conducting electronic trading of certain products, the NSC system is mainly used, while LCH.Clearnet is used for the clearing all transactions.
Paris Stock Exchange has a well-defined equity market, which is divided into 4 sections. The first section is the Premier Marche, which includes big foreign and French companies as well as most of the bond issues. Earlier it was known as the Official List. In the second section known as the Second Marche, moderate-sizes firms are listed. Nouveau Marche, the third section of Sock Exchange of Paris lists new companies that are associated with the equity growth market of Europe and require capital. The last section is the Marche Libre, which controls the security transactions that are left out by the other 3 sections.
Numerous eminent companies of the world are listed under NYSE Euronext or the Paris Stock Exchange.
Last Updated on: November 6th, 2017