Euronext list: a harmonized listing structure
The Euronext list contains almost 1,400 domestic and foreign companies, as well as a comprehensive range of structured products.
Companies admitted to listing via any of Euronext's market entry points are automatically included on the Euronext list. All listed companies are segmented according to their market capitalization by the three groups outlined in the table, below.
| |
 |
Euronext – the Euronext Cash Market |
|
Segment A
|
Market cap: more than €1 billion
|
|
Segment B
|
Market cap: between €150 million and €1 billion
|
|
Segment C
|
Market cap: less than €150 million
|
|
This classification allows investors to easily distinguish between companies with small, medium and large capitalizations. Furthermore, the Euronext list is organized in a way that allows companies to position themselves on the basis of three factors in addition to market capitalization – international industry sector classification, liquidity profile and indices:
-
International sector classification: all Euronext sector indices are based on the Industry Classification Benchmark (ICB) classification, the industry standard for many international exchanges.
-
Liquidity profile: there are three liquidity profiles on the Cash Market. Highly liquid companies are continuously traded; companies can also be traded at double daily auction or single daily auction. Less liquid companies may benefit from the presence of a liquidity provider.
-
Inclusion in the Euronext indices: the Euronext 100 and Next 150 indices are cross-border, followed by the national indices AEX, BEL 20, CAC 40 and PSI 20. Other indices include the FTSEurofirst 80 and 100 indices and the NextCAC 70, as well as a series of local mid- and small-cap indices.
|