World Rank 2007
5 for $5640 billion Values of Share Traded.
3 for $4223 billion Domestic Market Capitalization.
A Brief Introduction
The Paris Stock Exchange is now known as the NYSE Euronext (NYX) with the merger of equals between the leading U.S. and pan-European securities trading exchanges the holding company of the New York Stock Exchange and Euronext N.V., the Paris-based first European integrated stock exchange that was formed in September 2000 by the merger of the Paris, Brussels, and Amsterdam exchanges.
NYSE Euronext's nearly 4,000 listed companies represent a combined $30.5 trillion/ €20.9 trillion in total global market capitalization (as of Dec. 31, 2007), more than four times that of any other exchange group. NYSE Euronext's equity exchanges transact an average daily trading value of approximately $141 billion/€103 billion (as of Dec. 31, 2007), which represents more than one-third of the world's cash equities trading.
This merger came through only after Euronext N.V., the reformed Paris Stock Exchange , which is the largest exchange in Europe following the London Stock Exchange, rejected a proposal by German rival Deutsche Börse for a cash-and-stock merger with an offer of more than €8.5bn ($11bn).
Ticker Screens LandscapeWith the total market capitalization of companies listed on the Paris Stock Exchange as well as the Stock Exchanges of New York, Amsterdam and Brussels taken together,
that is, NYSE Euronext (NYX) amounting to much more than €21 ($28) trillion and an average daily trading value in the range of €92 ($123) billion as reported in the first quarter of 2007, NYSE Euronext seeks to provide the best quality and integrity available in the market in addition to advanced products and services to investors, issuers, and all those who make use of its markets.
Peoples Trading at
Paris Stock Exchange
The Paris Stock Exchange controls the MATIF futures exchange and MONEP besides equities, index futures and options. The NSC system is employed in the electronic trading of products. LCH.Clearnet is used to close all dealings.
The CAC 40 is the stock market index of the Paris Stock Exchange . The CAC 40 is composed of French companies however shares in the vicinity of 50 percent, that is almost half, of these companies is owned by foreign investors.
The equities market of the Paris Stock Exchange is divided into the following sections:
• The Premier Marché, previously known as the Official List - large French and foreign companies, and most Bond issues are included.
• The Second Marché - medium-sized companies are enlisted.
• Nouveau or New Marché - companies that are new on the block and require capital to support rapid expansion, get enlisted on this market which is associated with the European equity growth market, Euro.nm.
• Marché Libre is an additional market that is controlled by Euronext Paris for transactions in securities not listed on the other three markets. This market is however not regulated.
Paris Stock Exchange (Inside)The CAC 40 is the exchange's benchmark, disseminated in real time. Its components are included in the broader SBF 120 Index, a benchmark for investment funds. The SBF 250 index, a benchmark for the long-term performance of equity portfolios, includes all of the SBF 120; it is structured by sector. The MIDCAC index includes 100 of the most liquid medium-size stocks on the Premier Marché and Nouveau Marché calculated on the basis of opening and closing prices, while the Second Marché index focuses on that market. Both indices are benchmarks for funds. The Nouveau Marché Index represents stocks in the growth market. The SBF-FCI index is based on a selection of convertible bonds that represent at least 70% of the total capitalization of this
Paris Stock Exchangemarket, calculated twice daily. For derivatives, MONEP trades short-term and long-term stock options and futures and options on a family of Dow Jones indices. MATIF's products include commodity future and options on European rapeseed and futures on rapeseed meal, European rapeseed oil, milling wheat, corn and sunflower seeds; interest rate futures and options on the Euro notional bond, five-year Euro and three-month PIBOR (Paris Interbank Offered Rate), and futures on the 30-year Eurobond and two-year E-note, and index futures on the CAC 40.
Some of the well known companies listed under the Paris Stock Exchange or the NYSE Euronext (NYX) are:
ABN AMRO
EADS
ING Group
Philips
Arcelor Mittal
HSBC
NYSE Euronext
Unilever
List of Indices:
1. CAC 40
Trading Sessions:
The exchange's normal trading sessions are from 09:00AM to 05:30PM on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.
Paris – 9.00 AM – 5.30 PM
US – 3.00 AM – 2.00 PM
UK – 8.00 AM – 7.00 PM
India – 12.30 AM – 10.00PM
Shanghai – 3.00 PM – 2.00 AM
Tokyo – 4.00 PM – 3.00 AM
Australia – 5.00 PM – 4.00 AM
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