4 New Market Indices To Trade With Prosperity Group International

By Trading Pro Course Advisor · October 11, 2009 · Filed in Stock Exchange Trading

Prosperity Group International recently announced the inclusion of 4 new Market Indices to their already successful trading line-up. The addition of these Indices means more trading opportunities on a wider variety of global markets.

One of the new markets added to Prosperity Group International’s portfolio is the biggest market index Euronext N.V. The following list of well established market leaders are all part of Euronext, formed by the merger of the Paris, Brussels, and Amsterdam exchanges. Euronext is the holding company for Euronext Brussels, Euronext Paris, Euronext Amsterdam, Euronext Lisbon, and London-based futures exchange LIFFE. Combined, the Euronext components make up the second-largest exchange in Europe and fifth-largest exchange in the World.

Below is a brief description of the newly added Indicies;

BSE – (Brussels – Belgium Stock Exchange – BEL20 EEB)

The Brussels Stock Exchange, known as the BSE, was founded in Brussels, Belgium in 1801. In September 2000 the BSE merged with Paris Bourse, Lisbon Stock Exchange and the Amsterdam Stock Exchange, to form Euronext NV, a pan-European stock exchange based in Paris which also has subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom.

In 2007 the Euronext NV merged with the New York Stock Exchange (NYSE) to form the New York Stock Exchange Euronext, which allows foreign brokers to trade activity. The most well known index on the BSE is the BEL20.

AEX – (Amsterdam – Dutch Stock Exchange – AEX EEB)

Established in 1602 as Amsterdam Stock Exchange, it is renowned as the oldest stock exchange in the world. Later it was renamed the Amsterdam Bourse and was the first to formally begin trading in securities.

The Amsterdam Exchange (AEX) as we now know it, was formed by the merger of the Amsterdam Stock Exchange and the European Option Exchange (EOE) in 1997. The EOE, founded in 1978 in Amsterdam as a futures and options exchange, started a stock market index in 1983 (known as the EOE Index) which consisted of the 25 largest companies that trade on the stock exchange.

In September 2000 the AEX merged with the Brussels Stock Exchange and the Paris Stock Exchange to form Euronext. The AEX is now managed by Euronext Amsterdam.

Euronext 100 – (Paris – European Stock Exchange – N100 EEB)

The merger of the Amsterdam Stock Exchange, Brussels Stock Exchange, and Paris Stock Exchange in September of 2000 resulted in the formation of Euronext. The Euronext group provides clearing and information services as well as equities and derivatives. The Euronext 100 Index is the blue chip index of the pan-European exchange, Euronext NV.

Euronext has cross-membership and cross-access agreements with the Warsaw Stock Exchange for their cash and derivatives products, and with the Helsinki Exchanges on cash trading.

Next 150 – (Paris – European Stock Exchange – N150 EEB)

The Next 150 Index is comprised of mid to large capitalisation stocks on the Euronext exchange. The index consists of the 150 next largest stocks following the Euronext 100 index and includes stocks from the Amsterdam, Brussels, Lisbon and Paris exchanges of Euronext.

Comments

An index to a book lacks a few things that semantics require to work — standardization (indexes can be idiosyncratic and variable, so they don’t match up one to the other reliably) and the network effect (my book’s index doesn’t connect to your book’s index in real-time to make something greater than the sum of its parts). Indexes (or indices, if you prefer) definitely employ some of the same approaches, and some of the founders of semantic offerings got their inspiration from editing indices together back in the day, but I’d not say an index is a form of semantic [...]

Leave a Comment