[1] Belfox was founded as a cooperation between important players in the Belgian financial markets.
The Belfox market offered electronic trading and clearing facilities on derivatives (futures and options).
The underlying values were stocks of major Belgian companies.
A new advanced trading system BTS was launched in 1998, intending to increase instrument and enhance speed flexibility.
This merger took place in 2000, and BXS merged with French and Dutch stock exchange companies into Euronext.