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| Type | Stock exchange |
|---|---|
| Location | Lisbon,Portugal |
| Founded | 1769; 256 years ago (1769) |
| Owner | Euronext |
| Key people | Maria João Carioca (CEO) |
| Currency | EUR |
| No. of listings | 56[1] |
| Indices | PSI-20 |
| Website | www |
Euronext Lisbon is astock exchange inLisbon,Portugal. It is part ofEuronext pan-European exchange. The most famous index isPSI-20.
Euronext Lisbon tradesequities, public and privatebonds, 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 thePSI-20 Stock index, andPortuguese stock futures. Trading hours are 8 a.m. to 4:30 p.m., Monday through Friday.
The predecessor of theBolsa de Valores de Lisboa (Lisbon Stock Exchange) was created in 1769 as theAssembleia dos Homens de Negócio (Assembly of Businessmen) in theCommerce Square, Lisbon downtown. In 1891, theBolsa de Valores do Porto (Porto Stock Exchange) inPorto was founded.
After themilitary coup on April 25, 1974, both theLisbon and Porto stock exchanges were closed by the revolutionaryNational Salvation Junta (they would be reopened a couple of years later).[2]
The Euronext Lisbon was formed in 2002 when the shares of Bolsa de Valores de Lisboa e Porto (BVLP) were acquired byEuronext 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 amarket capitalization ofEuro 96.1 billion. From January to December 2001, a total of 4.7 millionfutures andoptions contracts were traded on the BVLP market.
The merger of Bolsa de Valores de Lisboa e Porto (Portuguese Stock Exchange) withEuronext in 2002 that created the Euronext Lisbon, part of the pan-European Euronext system ofstock exchanges, improved market efficiency during the post-merger period and marked a new milestone in the financial development of Portugal.[3]
In 2007, after the merger ofEuronext and theNYSE, Euronext Lisbon joined the newNYSE Euronext group, the largest corporation operating multiplesecurities exchanges in the world. A few years later, part of aIntercontinental Exchange's deal to acquire NYSE Euronext was aspin-off for Euronext. In June 2014 Euronext completed aninitial public offering making it again a standalone company.[4][5][6] After this operation, the Euronext Lisbon remained a fully-owned subsidiary of Euronext N.V. headquartered in Paris and registered in Amsterdam.
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38°43′16″N9°08′44″W / 38.7210105°N 9.1456241°W /38.7210105; -9.1456241
