The Paris Stock Exchange, which is now Euronext, is the place where shares are traded in France. This financial centre indexes in particular the reference stock market index in France, in this case the CAC40. Once based in the Palais Brongniart in Paris, this market no longer has a physical existence, but continues to be operational
It all began in the 17th century
It was in 1639 that the very first Bourse de Commerce was created in Paris. From then on, we see the emergence of “stockbrokers”. At the same time, it should be noted that joint-stock companies have existed in France for a long time. Things accelerated in the middle of the 17th century when three leading companies of the time (in this case the Compagnie d’Afrique, the Compagnie des Indes and the General Bank) generated intense speculation. This undoubtedly contributed to the establishment of the Paris Stock Exchange in 1724. It should be noted that women will not be admitted until 1967.
At the time, the Paris Stock Exchange was based at the Hotel Nevers. It was transferred to other buildings before finishing at the Palais Brongniard, the construction of which was launched by Napoleon in 1808. However, it was not until the Restoration, in 1826, that this building was inaugurated. Meanwhile, the Paris Stock Exchange is experiencing considerable growth and is forging a worldwide reputation.
The negotiation is then carried out at the auction and the stockbrokers literally made the rain and sunshine on the Quotation. Nevertheless, the evolution of the sector and competition have led to some changes. At the end of the 1980s, the Paris financial centre became fully electronic. This period coincided with the establishment of the CAC (continuous assisted quotation), a technology that would later be replaced by the NSC system.
In mid-1999, all French financial markets merged together. The Paris Stock Exchange is now one with MATIF, SBF and MONEP. A few months later, Euronext was created, with the merger of several stock exchanges (Paris, Lisbon, Brussels, Amsterdam and LIFFE).
Price trends on the Paris Stock Exchange
In any case, one thing must be stressed: the price of shares listed on the Paris Stock Exchange changes according to purchases and sales. It should be noted that the conditions under which the shares are traded depend on their liquidity. The most liquid are continuously liquid when the market is opened. The others are at predefined times.
Financial instruments negotiable on Euronext Paris
Several financial instruments can be traded on Euronext Paris. First of all, equities (Marché Libre, Alternex and Eurolist, which is the regulated market). Then come the bonds as well as the certificates and Warrants. Finally, Euronext Paris unveils stock market indices (companies and sectors), including the CAC 40 benchmark index, which you can trade as a binary option.