Euronext
The largest pan-European exchange group, formed by merging the Amsterdam, Brussels and Paris exchanges and since expanded to Lisbon, Dublin, Oslo and Milan. It runs a single trading platform and order book architecture across all of its markets, so a member can reach several national markets through one connection while each keeps its own local indices.
- Location
- Amsterdam headquarters, with markets in Paris, Brussels, Lisbon, Dublin, Oslo and Milan
- Trading currency
- Euro (EUR); Norwegian krone (NOK) in Oslo
- Trading hours
- 09:00 to 17:30 CET, Monday to Friday
- Trading days
- Monday to Friday, excluding Euronext holidays
- Time zone
- Central European Time (UTC+1, UTC+2 in summer)
- Market capitalisation
- Approximately USD 6.5 trillion across all markets (2025)
- Listed companies
- Approximately 1,900 across all Euronext markets (2025)
- Settlement
- T+2 through Euroclear, with national CSD arrangements per market.
Top performing companies today
Ranked by the current session’s percentage move, strongest first, from the companies this platform covers on this venue.
Retrieving current-day prices for the companies covered on this venue…
What trades here
Major indices
- CAC 40 (Paris)
- AEX (Amsterdam)
- BEL 20 (Brussels)
- PSI (Lisbon)
- ISEQ (Dublin)
- FTSE MIB (Milan)
Major listed companies
- LVMH
- ASML
- TotalEnergies
- Airbus
- L’Oréal
- Sanofi
- Ferrari
Major sectors
- Luxury goods
- Semiconductors and technology
- Energy
- Aerospace
- Pharmaceuticals
- Financials
How the market works
Market structure
A single trading platform (Optiq) and one order-book architecture serving seven national markets, each keeping its own local index and listing identity. Alongside the regulated markets, Euronext Growth and Euronext Access apply proportionate rules to smaller issuers.
Trading mechanisms
A pre-opening call from 07:15, an opening auction at 09:00, continuous trading to 17:30 and a closing auction at 17:35 that sets the reference close. Less liquid lines trade by auction only, twice a day.
Listing requirements
Admission to a regulated market requires a prospectus approved by the national competent authority under the EU Prospectus Regulation, typically three years of audited accounts, and a free float of around 25% or a lower amount where the absolute value is sufficient. Euronext Growth applies lighter requirements with a listing sponsor.
Settlement
T+2 through Euroclear, with national CSD arrangements per market.
Regulatory authority
National competent authorities (AMF in France, AFM in the Netherlands, and equivalents). Coordinated at EU level by ESMA; the applicable regulator is the one for the market of listing.
How to invest in this market
What it takes to open an account and deal on Euronext, separated by where you live — the two answers are rarely the same, and on some markets they are not even the same process.
Domestic investors
Residents of Pan-European (Netherlands, France, Belgium, Portugal, Ireland, Norway, Italy)
Residents of the European Economic Area can use any MiFID II-authorised investment firm in any member state, thanks to passporting — the account does not have to be in the country where the shares are listed.
- An account with an investment firm authorised under MiFID II, covered by the national investor-compensation scheme (commonly €20,000).
- Identity verification and a national tax identification number.
- A LEI is required only if you invest through a company or other legal entity, not as an individual.
- Tax: dividend withholding is set by the country of the issuer — broadly 25%–30% in France, 15% in the Netherlands, 30% in Belgium, 28% in Portugal, 25% in Norway and 26% in Italy — and is reduced or reclaimable under treaty and EU law. Financial transaction taxes apply on French and Italian large-cap shares.
Foreign investors
Open to foreign investors
Open to investors outside the EEA. The practical work is tax, not permission: reclaiming over-withheld dividend tax across several jurisdictions is the main administrative burden of holding continental European shares.
- A broker with Euronext market access. Many international brokers offer Amsterdam, Paris, Brussels and Milan directly.
- Passport and proof of address; a certificate of tax residence if you intend to claim treaty relief.
- Tax: the issuer's country withholds on dividends at its own rate. Treaty relief is usually claimed either at source through your custodian or by reclaim afterwards; the reclaim process differs by country and can be slow.
- France applies a 0.3% financial transaction tax to purchases of large French companies; Italy applies a comparable levy.
Foreign ownership limits
No general limit. EU and national foreign-investment screening regimes can review acquisitions in strategic sectors, and a few individual issuers carry statutory or statutory-heritage ownership caps.
Currency considerations
Euro across all markets except Oslo, which quotes in Norwegian krone. A non-euro investor carries currency risk on top of equity risk.
Regulated routes to an account
Licensed intermediaries and official exchange platforms, listed to show the regulated routes into this market. This is not a recommendation and not an exhaustive list — check any firm against the regulator’s register before opening an account.
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Why this market matters
Why investors follow it
It is the main pool of liquidity for continental European blue chips, including several companies with genuinely global franchises in luxury and semiconductor equipment. Its single-platform structure makes cross-border European exposure comparatively cheap to access.
Interesting facts
- Amsterdam, one of its constituent markets, is generally regarded as the site of the world’s first modern stock exchange (1602).
- A single technology stack serves all its national markets, while each retains its own benchmark index and local listing identity.
- It became the primary listing venue for a number of companies that relocated their listings from London after Brexit.
Official sources