What is 'Euronext'

Euronext is the largest stock exchange in Europe and sixth largest in the world. Originally created by the mergers of Amsterdam, Paris and Brussels stock exchanges.

Over the years, it merged with several other exchanges, most notably the New York Stock Exchange, before being acquired itself by the Intercontinental Exchange.

In 2014, Euronext was spun off to become an independent entity once again.


Euronext formed in 2000 with the merger of three European exchanges. It later acquired the Portuguese stock exchange and the London International Financial Futures and Options Exchange (LIFFE), expanding its offerings to include equities, exchange traded funds, warrants and certificates, bonds, derivatives, commodities and indices. It maintains headquarters in Amsterdam with major offices in Brussels, London, Lisbon, Dublin and Paris. As of 2017, Euronext listed 1,300 issuers representing a €3 trillion (euros) in market capitalization.

Euronext itself trades in Amsterdam with the symbol ENX.

Some of its more notable benchmark indices include:

  • AEX in Amsterdam
  • BEL 20 in Brussels
  • CAC 40 in Paris
  • PSI 20 in Lisbon
  • Euronext 100 - a pan-European blue-chip index

Time Line

2000 Euronext NV formed by merging the stock exchanges of Paris, Brussels and Amsterdam

2002 Euronext buys LIFFE and the Portuguese stock exchange

2005 Alternext created

2007 Euronext merges with New York Stock Exchange to create NYSE Euronext.

2010 Euronext London created.

2013 Intercontinental Exchange (ICE) buys NYSE Euronext.

2014 Euronext re-emerges from ICE via initial public offering. Note: ICE retained ownership of the New York Stock Exchange.

Alternext and Enternext

Regulated solely by Euronext, the Alternext is an equity trading market, opened in 2005, that offers streamlined listing requirements and trading rules to better meet the needs of small and mid-sized firms while ensuring investor transparency.

EnterNext is the Euronext subsidiary, created in 2013, dedicated to financing and promoting small and medium-sized companies (SMEs) in the financial markets. It comprises the 750 listed companies on Euronext markets in Belgium, France, the Netherlands and Portugal.

Merger Madness

In 2006, the Nasdaq made an attempt to acquire the London Stock Exchange (LSE). Noting the race to scale, the NYSE Group decided to go after Euronext. The Nasdaq - LSE merger, however, did not progress.

However, the Deutsche Börse in Germany tried unsuccessfully to outbid the NYSE Group. The German group tried on two occasions to merger with the new NYSE Euronext but lost out to Intercontinental Exchange.

In 2017, the European Union's antitrust watchdog formally blocked the planned $28 billion merger between Deutsche Börse and London Stock Exchange Group after the parties failed to offer sufficient remedies to assuage antitrust concerns.

  1. Paris Stock Exchange

    The Paris Stock Exchange (PAR) trades both equities and derivatives ...
  2. CAC 40

    CAC 40 is the French stock market index that tracks the 40 largest ...
  3. London International Financial ...

    The London International Financial Futures and Options Exchange ...
  4. NYSE Amex Composite Index

    The NYSE Amex Composite Index is an index of stocks that represent ...
  5. Futures Exchange

    A futures exchange is a central marketplace, physical or electronic, ...
  6. Frankfurt Stock Exchange (FRA)

    Located in Frankfurt, Germany, the FRA is one of the largest ...
Related Articles
  1. Investing

    Stock Exchanges Around The World

    We tell you about five of the most popular stock exchanges from around the globe.
  2. Insights

    The Birth of Stock Exchanges

    Learn about the evolution of stock exchanges, from the Venetian states to the British coffeehouses, and finally to the NYSE.
  3. Insights

    TechnipFMC's Shares Stumble on First Day (FTI)

    TechnipFMC, a new oil and gas company trading on the NYSE and Euronext for the first time Tuesday, endured a lukewarm reception by investors.
  4. Insights

    How The NYSE Makes Money

    We examine how the New York Stock Exchange, the leading US stock exchange, makes money.
  5. Insights

    The World's Top Financial Cities

    These cities are the heart of the world's financial activity.
  6. Tech

    190 Cryptocurrency Exchanges: So How to Choose

    With the plethora of digital currency exchanges, how can an investor choose the right one?
  7. Investing

    Why Companies Change Exchanges

    Companies don't elect to leave an exchange so much as they're asked. Find out why.
  8. Investing

    What Investors Can Learn From M&A Payment Methods

    How a company pays in a merger or acquisition can reveal a lot about the buyer and seller.
  9. Investing

    The Five Biggest Mergers in History

    Take a look at the top mergers in global corporate history.
  1. How do I invest in the Nasdaq or the NYSE? Is it even possible? Would I want to? ...

    The Nasdaq and the NYSE are stock exchanges that trade securities. Nasdaq stands for National Association of Securities Dealers ... Read Answer >>
  2. What are the advantages and disadvantages of listing on the Nasdaq versus other stock ...

    Discover some of the primary advantages and disadvantages that exist for companies listed on the Nasdaq exchange rather than ... Read Answer >>
  3. How does a merger affect the shareholders?

    Explore the impact of a merger and understand how the process affects shareholders of the newly merged firm in terms of stock ... Read Answer >>
  4. What are the rules behind the delisting of a stock?

    Find out the criteria for a company to remain listed on a stock exchange. Learn what actions would lead to a security being ... Read Answer >>
  5. Who uses bills of exchange?

    Find out who uses bills of exchange, why they are important in international trade and what happens when a bill is traded ... Read Answer >>
Trading Center