New exchanges test Europe's old markets

Article Abstract:

Europe's traditional stock exchanges will have to compete soon with a number of new exchanges. These new exchanges make use of the latest developments in technology that have helped lower the barriers to entry. In response, Europe's traditional exchanges are considering a plan that would link them to each other.

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Euronext affirms plan to launch IPO this year

Article Abstract:

Euronext NV confirmed its plans to launch an initial public offering (IPO) in 2001. The company hopes to sell off approximately 25% of its shares for about 1 billion euros.

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Euronext reports 6.3% profit growth

Article Abstract:

Euronext N.V. posted an increase of 6.3% in its net profits for the 2001 first-half. The stock exchange was helped primarily by one-time gains and reduced taxes.

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