Euronext Paris Strategically Relocates to La Défense Business District

Euronext Paris announced that it has finally finished its move to a new location, placing it in a more strategic locale in the heart of the French capital, according to a Euronext statement.

The new address for Euronext Paris is 14, place des Reflets, 92054 Paris La Défense Cedex in the Praetorium building. The new location places the office in proximity to some of Europe’s leading businesses operating in Paris, helping maintain a more globalized presence for Euronext.

In addition, the move also looks to position Euronext as a nexus for raising capital to finance the French economy as well as an ongoing commitment to help foster growth in the Paris market.

According to Anthony Attia, Chairman and CEO of Euronext Paris, in a recent statement on the move, “We are very proud to open our new premises at Praetorium, where we will be welcoming clients and staff in style. Euronext Paris aims to play a key role in financing business growth and today we are more dedicated than ever to taking part in the Paris market’s momentum. Praetorium is an outstanding illustration of the new culture that we are developing at Euronext, built on client needs, efficiency and innovation.”

Earlier this month, Euronext reported its volumes for the month ending May 2015 – average daily transaction value on its cash order book stood at $8,931 million (€8,019 million), constituting a jump of 30% YoY from May 2014. In addition, monthly activity for its ETFs illustrated an even greater jump, yielding a transaction value of $611 million (€549 million), which was good for a 91% YoY surge from May 2014.

Euronext is Europe’s largest Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, based in Amsterdam, Brussels, London, Lisbon and Paris. The group provides trading services for cash and derivatives markets, as well as listing for market data, market solutions, custody and Settlement Settlement Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Read this Term services.