Traded assets include regulated equities, exchange-traded funds (ETF), warrants and certificates, bonds, derivatives, commodities, foreign exchange as well as indices.
[7] Euronext is the largest center for debt and funds listings in the world, and provides technology and managed services to third parties.
With the acquisition of Borsa Italiana, Euronext has strengthened its position as a hub for debt and fixed income markets across Europe, particularly through the addition of MTS and Monte Titoli, Italy’s leading central securities depository.
Since its inception, Euronext has continued to expand, and now operates stock exchanges in several European countries, including France, the Netherlands, Belgium, Portugal, Ireland, and Norway.
As part of its acquisition of the Italian Bourse in 2021, Euronext obtained the multi-asset clearing house Cassa di Compensazione e Garanzia S.p.A. (CC&G).
In 1998, the London Stock Exchange and Deutsche Börse announced their intention of forming an alliance to fend off competition from the United States, and take advantage from the European Union's (EU) single currency and harmonisation of financial markets.
[21][22] In December 2001, Euronext acquired the shares of the London International Financial Futures and Options Exchange (LIFFE), forming Euronext.LIFFE.
The initial regulatory response by SEC chief Christopher Cox (who was coordinating heavily with European counterparts) was positive, with an expected approval by the end of 2007.
Jean-François Théodore, the chief executive officer of Euronext, stated that they expected the transaction to close within three or four months.
The new firm, NYSE Euronext, was headquartered in New York City, with European operations and its trading platform run out of Paris.
As such, Euronext received in June 2014 Recognized Investment Exchange (RIE) status from Britain's Financial Conduct Authority.
[44] ICE said that after the deal closed it would sell the Euronext portion of the company, including stock exchanges in Amsterdam, Brussels, Lisbon and Paris.
[54][55][56] European regulators and ministries of Finance of the participating countries approved the deal and on 13 November 2013 the acquisition was completed.
These investors owned 33.36% of Euronext's capital and have a 3 years lockup period: Euroclear, BNP Paribas, BNP Paribas Fortis, Société Générale, Caisse des Dépôts, BPI France, ABN Amro, ASR, Banco Espirito Santo, Banco BPI and Belgian holding public company Belgian Federal Holding and Investment Company [fr] (SFPI/FPIM).
In June 2014, EnterNext launched two initiatives to boost SME equity research and support the technology sector.
EnterNext partnered with Morningstar to increase equity research focusing on mid-size companies, especially in the telecommunications, media and technology (TMT) sector.
Upon publishing the third quarter results for 2014, the partnership was seen as a plan for Euronext to compete more effectively on the Dutch retail segment.
[72] On 18 September 2020, as part of regulatory remedies to see through its $27 billion purchase of data provider Refinitiv, the London Stock Exchange Group (LSEG) entered into exclusive talks to sell the Italian Bourse (formally 100% of London Stock Exchange Group Holdings Italia S.p.A.), situated in Milan, to Euronext.
[73][74] As part of the deal, CDP Equity, 100% owned by Cassa Depositi e Prestiti, and Intesa Sanpaolo would become Euronext reference shareholders.
[75] In April 2021, Euronext completed the acquisition of the Borsa Italiana Group for €4.4 billion, enhancing its leadership in the European financial markets.
This acquisition integrated the Milan Stock Exchange (Borsa Italiana) and its subsidiary MTS, a leader in fixed income markets, into Euronext.
Euronext also announced a share buyback program of up to €300 million, set to be completed within a maximum of 12 months starting in November 2024.