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Palais Brongniart
The Palais Brongniart ( en, Brongniart Palace) housed the historical Paris stock exchange (french: Bourse de Paris). It is located at the Place de la Bourse, in the II arrondissement, Paris. Early history Historically, stock trading took place at several spots in Paris, including rue Quincampoix, rue Vivienne (near the Palais Royal), and the back of the ''Opéra Garnier'' (the Paris opera house). Architecture In the early 19th century, the Paris Bourse's activities found a stable location at the ''Palais Brongniart'', or ''Palais de la Bourse'', built to the designs of architect Alexandre-Théodore Brongniart from 1808 to 1813 and completed by Éloi Labarre from 1813 to 1826.Ayers 2004, pp. 61–62. Brongniart had spontaneously submitted his project, which was a rectangular neoclassical Roman temple with a giant Corinthian colonnade enclosing a vaulted and arcaded central chamber. His designs were greatly admired by Napoleon and won Brongniart a major public commission at th ...
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Neoclassical Architecture
Neoclassical architecture is an architectural style produced by the Neoclassical movement that began in the mid-18th century in Italy and France. It became one of the most prominent architectural styles in the Western world. The prevailing styles of architecture in most of Europe for the previous two centuries, Renaissance architecture and Baroque architecture, already represented partial revivals of the Classical architecture of ancient Rome and (much less) ancient Greek architecture, but the Neoclassical movement aimed to strip away the excesses of Late Baroque and return to a purer and more authentic classical style, adapted to modern purposes. The development of archaeology and published accurate records of surviving classical buildings was crucial in the emergence of Neoclassical architecture. In many countries, there was an initial wave essentially drawing on Roman architecture, followed, from about the start of the 19th century, by a second wave of Greek Revival architec ...
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Commission (remuneration)
Commissions are a form of variable-pay remuneration for services rendered or products sold. Commissions are a common way to motivate and reward salespeople. Commissions can also be designed to encourage specific sales behaviors. For example, commissions may be reduced when granting large discounts. Or commissions may be increased when selling certain products the organization wants to promote. Commissions are usually implemented within the framework on a sales incentive program, which can include one or multiple commission plans (each typically based on a combination of territory, position, or products). Payments are often calculated using a percentage of revenue, a way for firms to solve the principal–agent problem by attempting to realign employees' interests with those of the firm. However, models other than percentages are possible, such as profit-based approaches, or bonus-based approaches. Commissions allow sales personnel to be paid (in part or entirely) based on products o ...
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Economy Of Paris
The economy of Paris is based largely on services and commerce: of the 390,480 of its enterprises, 80.6 percent are engaged in commerce, transportation, and diverse services, 6.5 percent in construction, and just 3.8 percent in industry. Paris, including both the City of Paris and the Île-de-France region (Paris Region), is the most important center of economic activity in France, accounting for about thirty percent of the French GDP. Paris had the fourth largest metropolitan economy in the world in 2011 according to the Brookings Institution and first in Europe. The Paris region is Europe's richest region with a GDP (PPP) at over $1 trillion equivalent to that of the Netherlands or Indonesia and higher than countries like Switzerland, Sweden or Saudi Arabia, ahead of North Rhine-Westphalia in Germany and Greater London in the United Kingdom. It has the highest per capita GDP of any French region and the third highest of any region in the European Union. The story is similar in ...
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Stock Exchanges In Europe
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain class ...
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Buildings And Structures In Paris
A building, or edifice, is an enclosed structure with a roof and walls standing more or less permanently in one place, such as a house or factory (although there's also portable buildings). Buildings come in a variety of sizes, shapes, and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, prestige, and aesthetic reasons. To better understand the term ''building'' compare the list of nonbuilding structures. Buildings serve several societal needs – primarily as shelter from weather, security, living space, privacy, to store belongings, and to comfortably live and work. A building as a shelter represents a physical division of the human habitat (a place of comfort and safety) and the ''outside'' (a place that at times may be harsh and harmful). Ever since the first cave paintings, buildings have also become objects or canvasses of much artistic ...
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Financial Markets
A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, raw materials and precious metals, which are known in the financial markets as commodities. The term "market" is sometimes used for what are more strictly ''exchanges'', organizations that facilitate the trade in financial securities, e.g., a stock exchange or commodity exchange. This may be a physical location (such as the New York Stock Exchange (NYSE), London Stock Exchange (LSE), JSE Limited (JSE), Bombay Stock Exchange (BSE) or an electronic system such as NASDAQ. Much trading of stocks takes place on an exchange; still, corporate actions (merger, spinoff) are outside an exchange, while any two companies or people, for whatever reason, may agree to sell the stock from the one to the other without using an exchange. Trading of currencies and bonds is largely on a bilateral basis, although some bonds trade o ...
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Tribunal De Commerce De Paris
The Tribunal de commerce de Paris ("Paris commercial court ouse), until 1968 Tribunal de commerce de la Seine, refers both to the tribunal de commerce of Paris, a commercial court, and to the building that hosts it on the Île de la Cité in Paris. Because that building's main entrance is on the , the phrase Quai de la Corse is used as a nickname for the court, not least with reference to its role in corporate insolvencies. Court The Tribunal de commerce de Paris traces its roots to the commercial court or , created in 1563 by Chancellor Michel de l'Hôpital. Like other such institutions, it was renamed tribunal de commerce in August 1790 during the French Revolution. Aside from the first few years at , the court was located on next to the Church of Saint Merri from 1570 to 1826. In 1826, it moved to the newly built Palais Brongniart, also home of the Paris Bourse. From 1790 to 1968 it was the , and took its current name with the dismantling of the Seine Department in 1968 ...
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List Of Works By James Pradier
This is a list of works by the Swiss-born French sculptor James Pradier (1790–1852). He was best known for his work in the neoclassical style. Works in cathedrals and churches Public statues and monuments in Paris Busts and statues of Louis Philippe I and other members of Royal family Pardier was well regarded by the king and was commissioned to execute several busts and statues of family members as well as effigies for family tombs. Below is a photograph of Pradier's 1834 bust of Louis Philippe I (1773-1850) who reigned from 1830 to 1848 in the period known as the July monarchy. This bust can be seen in the Musée du Louvre département des Sculptures. Several busts of the King were executed by Pradier. The first was in 1830, a plaster bust celebrating Louis-Philippe's accession to the French throne and in a bust executed in 1841, the king is depicted wearing a crown of oak leaves. Pradier also executed works depicting Maria Amalia of Naples and Sicily, the King's wife ...
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Euronext
Euronext N.V. (short for European New Exchange Technology) is a pan-European bourse that offers various trading and post-trade services. Traded assets include regulated equities, exchange-traded funds (ETF), warrants and certificates, bonds, derivatives, commodities, foreign exchange as well as indices. In December 2021, it had nearly 2,000 listed issuers worth €6.9 trillion in market capitalisation. Euronext is the largest center for debt and funds listings in the world, and provides technology and managed services to third parties. In addition to its main regulated market, it operates Euronext Growth and Euronext Access, providing access to listing for small and medium-sized enterprises. Euronext's commodity market includes the electric power exchange Nord Pool, as well as Fish Pool. Post-trade services include clearing performed by Euronext's multi-asset clearing house, Euronext Clearing, as well as custody and settlement performed by Euronext's central securities depo ...
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MONEP
Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam, Lisbon, and Brussels exchanges in September 2000 to form Euronext NV. As of 2022, the 795 companies listed had a combined market capitalization of over US$4.5 trillion. Euronext Paris, the French branch of Euronext, is Europe's second-largest stock exchange market, behind the London Stock Exchange. History In the early 19th century, the Paris Bourse's activities found a stable location at the ''Palais Brongniart'', or ''Palais de la Bourse'', built to the designs of architect Alexandre-Théodore Brongniart from 1808 to 1813 and completed by Éloi Labarre from 1813 to 1826.Ayers 2004, pp. 61–62. Brongniart had spontaneously submitted his project, which was a rectangular neoclassical Roman temple with a giant Corinthian colonnade enclosing a vaulted and arcaded central chamber. His designs were greatly admired by Napoleon and won Brongniart a major public co ...
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MATIF
MATIF SA ( French: ''Marché à Terme International de France'') is a private corporation which is both a futures exchange and a clearing house in France. It was absorbed in the merger of the Paris Bourse with Euronext NV to form Euronext Paris. Derivatives formerly traded on the Matif and other members of Euronext are traded on LIFFE Connect, the electronic trading platform of the London International Financial Futures Exchange. LIFFE is an affiliate of Euronext. Products include 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; futures on the CAC 40 Index, STOXX Europe 50, EURO STOXX 50; and futures and options on European rapeseed and futures on rapeseed meal, European rapeseed oil, milling wheat, corn and sunflower seeds. MATIF is also the name by which the French regulators name any market where futures contracts are traded under French L ...
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Cotation Assistée En Continu
Cotation Assistée en Continu (CAC) was an electronic trading system used at the Paris Bourse, the French stock exchange, in the 1980s and 1990s. It was introduced in 1986 for trading less liquid equities, and in 1989 it was operational for all listed stocks. The acronym is also used to refer to the CAC 40, a stock index provided by the Paris Bourse. Curiously, the acronym also fits the name of the early Parisian stockbrokers' association, the "Compagnie des Agents de Change". The CAC system was a version of an earlier system developed by the Toronto Stock Exchange in the mid-1970s: CATS (Computer Assisted Trading System). In the early 1990s, the Paris Bourse developed an upgraded technology known as NSC (Nouveau Système de Cotation), which served as a technological platform for the Euronext initiative. The Paris Bourse became Euronext Paris in 2000. CAC, like CATS, was an order-driven market platform that handled the process of order matching and price setting through a d ...
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