As the largest and most liquid cash equities market in Europe, NYSE Euronext’s regulated market has entry points in Amsterdam, Brussels, London, Lisbon and Paris.
Each NYSE Euronext European market holds an exchange license and operates under the supervision of its respective national exchange regulatory authority. Market operators are also subject to requirements imposed by a national exchange authority, the laws and regulations in their national jurisdictions, and in some cases, the central banks and/or finance ministries in their respective European countries. Regulation of NYSE Euronext and constituent markets is coordinated by national regulatory authorities pursuant to memoranda of understanding between the cash and derivatives markets.
Regulatory harmonization has fostered the integration of NYSE Euronext’s trading platforms. A Single Orderbook governs trading on NYSE Euronext’s cash and derivatives markets, which contains a set of harmonized rules and a set of exchange-specific rules.