10th anniversary of Euronext IPO

After the split of the transatlantic exchange group NYSE Euronext (2007-2014), Euronext was able to stand on its own two feet again in 2014 through a listing on its own exchange. It needed to reinvent itself, so to speak. Exactly 10 years ago today, employees sounded the gong at all locations of the exchange organisation. A lot has happened in the past ten years. In 2014, four exchanges: Amsterdam, Brussels, Lisbon and Paris, were part of Euronext; since then the Dublin, Oslo and Milan exchanges have also joined the European exchange group. In addition to the seven exchanges, many non-trading institutions are now also part of Euronext. This is a conscious strategic choice and makes Euronext less dependent on exchange trading in terms of turnover and profit figures.

And the numbers are looking good. While turnover and profit in 2014 were €458 million and €118 million respectively, they rose to €1.5 billion and €513 million respectively in 2023. Seen in this light, the merger of the Amsterdam Exchange into the European exchange group Euronext can clearly be regarded as a success. And the same can also be said of Euronext’s contribution to the creation of a single European capital market. At the same time, and not without reason, recent research also highlights the importance of glocalisation, which means continuing to keep an eye on the local market in the Netherlands in today’s increasingly globalised playing field.