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Mar 2, 1540
The Lyons Bourse was established around 1540.
The Lyons Bourse was established around 1540. -
John Law, tried to convert the French to using “paper money” by issuing Banque Royale bank notes and offering shares in the Compagnie des Indes, which for the first time were available in bearer form. Law was not prepared for France's unwieldy economic an
John Law, tried to convert the French to using “paper money” by issuing Banque Royale bank notes and offering shares in the Compagnie des Indes, which for the first time were available in bearer form. Law was not prepared for France's unwieldy economic and legal system. His experiment failed and it endended in bankruptcy and for two generations, the French shunned bank notes, coins, letters of credit and transferable securities. -
An order of the Royal Council of State authorized the creation of a stock exchange in Paris.
An order of the Royal Council of State authorized the creation of a stock exchange in Paris. -
The agents de change corporation was disbanded and trading was done without intermediaries.
The agents de change corporation was disbanded and trading was done without intermediaries. -
the Bourse was closed and joint-stock companies were abolished.
the Bourse was closed and joint-stock companies were abolished. -
the Bourse was closed ‘permanently’—only to reopen on October 20th with 24 agents de change.
the Bourse was closed ‘permanently’—only to reopen on October 20th with 24 agents de change. -
the Paris Bourse was officially recognized, and the number of agents de change, set at 60 in 1786, was increased to 71
the Paris Bourse was officially recognized, and the number of agents de change, set at 60 in 1786, was increased to 71 -
to streamline France's stock markets, the trading of securities not included on the official list was transferred to the agents de change, thus putting an end to the role of the courtiers
to streamline France's stock markets, the trading of securities not included on the official list was transferred to the agents de change, thus putting an end to the role of the courtiers -
In France, the decade also saw the modernization of institutions and a radical change in stock market techniques, with the transition to electronic trading.
In France, the decade also saw the modernization of institutions and a radical change in stock market techniques, with the transition to electronic trading. -
The Stock Market Reform Act enshrined a radical change in the status of market participants. This law dissolved the Compagnie des Agents de Change and, in its place, created the Société des Bourses Françaises, incorporated as a limited company.
The Stock Market Reform Act enshrined a radical change in the status of market participants. This law dissolved the Compagnie des Agents de Change and, in its place, created the Société des Bourses Françaises, incorporated as a limited company. -
France's four market operators—SBF, Matif SA, Monep SA and Société du Nouveau Marché—merged to form a new company, ParisBourse SBF SA.
France's four market operators—SBF, Matif SA, Monep SA and Société du Nouveau Marché—merged to form a new company, ParisBourse SBF SA. -
the Amsterdam, Brussels and Paris bourses merged to create Euronext, the first pan-European exchange. Euronext subsequently expanded to include the Portuguese stock exchange and London's International Financial Futures and Options Exchange (LIFFE).
the Amsterdam, Brussels and Paris bourses merged to create Euronext, the first pan-European exchange. Euronext subsequently expanded to include the Portuguese stock exchange and London's International Financial Futures and Options Exchange (LIFFE).