What is Euronext?
Euronext NV is the largest stock exchange in Europe with individual exchanges in Amsterdam, Brussels, London, Lisbon, and Paris. This multinational exchange was formed in 2000 when after the merger of the Amsterdam Stock Exchange, Brussels Stock Exchange, and the Paris Bourse. Over the next few years, Euronext acquired the London International Financial Futures and Options Exchange and the Portuguese stock exchange Bolsa de Valores de Lisboa e Porto.
Today, Euronext handles buying and selling of shares of companies from across Europe. The exchange has a market cap of over $3.3 Trillion USD or €2.9 Trillion EUR.
What is the "NV" in Euronext NV?
"NV" stands for Naamloze vennootschap and is a Dutch phrase meaning "nameless partnership." It is a term commonly used in Netherlands and Belgium to indicate that the company is owned by shareholders and the shares are public traded on a stock market. This is the same corporate structure as most companies listed on a stock exchange.
Who Owns Euronext?
After acquiring exchanges in London and Portugal, the NYSE moved to acquire Euronext. Both Deutsche Börse were bidding to acquire Euronext. Ultimately NYSE won and acquired Euronext in 2006 and finalized the deal in 2007. At this point, the newly formed company was known as NYSE Euronext.
Intercontinental Exchange Acquisition
In 2012, Intercontinental Exchange, which owns NYSE and NASDAQ acquired Euronext. Now, all three exchanges, NYSE, NASDAQ, and Euronext are under the parent company Intercontinental Exchange.
† This summarizes the state of Euronext as of June 2016. We will keep this article updated if anything changes.