Euronext Lisbon is a stock exchange in Lisbon,

Portugal Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of ...

. It is part of

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, ...

pan-European exchange. Euronext Lisbon trades

equities 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 ...

, public and private bonds, participation bonds, warrants, corporate warrants, investment trust units, and exchange traded funds. The BVL General index is the exchanges official index, and includes all listed shares on the official market. Settlement is T+2. Derivatives include long-term interest rate futures, three-month Lisbor futures, stock index futures and options on the

PSI-20 The PSI-20 (an acronym of Portuguese Stock Index) is a benchmark stock market index of companies that trade on Euronext Lisbon, the main stock exchange of Portugal. The index tracks the prices of the twenty listings with the largest market cap ...

Stock index, and

Portuguese Portuguese may refer to: * anything of, from, or related to the country and nation of Portugal ** Portuguese cuisine, traditional foods ** Portuguese language, a Romance language *** Portuguese dialects, variants of the Portuguese language ** Portu ...

stock futures. Trading hours are 8 a.m. to 4:30 p.m., Monday through Friday.

History

The predecessor of the ''Bolsa de Valores de Lisboa'' (Lisbon Stock Exchange) was created in 1769 as the ''Assembleia dos Homens de Negócio'' (Assembly of Businessmen) in the Commerce Square, Lisbon downtown. In 1891, the ''Bolsa de Valores do Porto'' (Oporto Stock Exchange) in

Oporto Porto or Oporto () is the second-largest city in Portugal, the capital of the Porto District, and one of the Iberian Peninsula's major urban areas. Porto city proper, which is the entire municipality of Porto, is small compared to its metropo ...

was founded. After the

military coup A military, also known collectively as armed forces, is a heavily armed, highly organized force primarily intended for warfare. It is typically authorized and maintained by a sovereign state, with its members identifiable by their distinct ...

on April 25, 1974, both the Lisbon and Porto stock exchanges were closed by the revolutionary ''

National Salvation Junta The National Salvation Junta ( pt, Junta de Salvação Nacional, ) was a group of military officers designated to maintain the government of Portugal in April 1974 after the Carnation Revolution had overthrown the '' Estado Novo'' dictatori ...

'' (they would be reopened a couple of years later).História da Bolsa de Valores de Lisboa
, Millennium bcp The Euronext Lisbon was formed in 2002 when the shares of Bolsa de Valores de Lisboa e Porto (BVLP) were acquired by Euronext N.V. and the exchange was merged into the pan-European exchange. BVLP, the Portuguese exchange, was formed in the 1990s restructuring of the Lisbon Stock Exchange association and the Porto Derivatives Exchange Association. At the end of 2001, 65 companies were listed on BVLP-regulated markets, representing a market capitalization of

Euro The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . ...

96.1 billion. From January to December 2001, a total of 4.7 million

futures Futures may mean: Finance *Futures contract, a tradable financial derivatives contract *Futures exchange, a financial market where futures contracts are traded * ''Futures'' (magazine), an American finance magazine Music * ''Futures'' (album), a ...

and options contracts were traded on the BVLP market. In 2007, after the merger of

and

NYSE The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its liste ...

, Euronext Lisbon joined the new

NYSE Euronext NYSE Euronext, Inc. was a transatlantic multinational financial services corporation that operated multiple securities exchanges, including the New York Stock Exchange, Euronext and NYSE Arca (formerly known as ArcaEx). NYSE merged with Archi ...

group, the largest corporation operating multiple securities exchanges in the world. In June 2014 Euronext completed an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...

making it again a standalone company.

References

External links

Euronext Lisbon
{{Coord, 38.7210105, -9.1456241, display=title, type:landmark_region:PT-11 Financial services companies of Portugal Economy of Lisbon Economy of Portugal Companies based in Lisbon Financial services companies established in 2002 2002 establishments in Portugal Lisbon

History

See also

References

External links