What does Bourse mean?

The term bourse refers to the French word for the stock exchange. A bourse was traditionally organized as a place to buy and sell securities, commodities, options, and other investments. The word is commonly used in Europe where it is used to describe the Paris Stock Exchange and other Euronext exchanges, including those in Amsterdam and Frankfurt.

When was the first Bourse established?

But it wasn't until the 16th century that the first modern bourse was established in Amsterdam. This exchange allowed people to trade stocks. Over time, trading became more organized and the exchange process more codified, resulting in the development of exchanges such as the New York Stock Exchange (NYSE).

What is the Paris Bourse?

The Paris Bourse dates back to the 1720s and was completely reorganized in 1999. It consists of the main exchange, equivalent to the NYSE, plus the MATIF (the derivatives exchange) and the Monep (the equity and index options market).

What time does the Bourse open?

The bourse is partnered with other regional groups, including the Union of Arab Stock Exchanges and the World Federation of Stock Exchanges (WFE) among others. The bourse is open Sunday through Thursday between 7:30 a.m. and 3 p.m. Trading takes place between 9:30 a.m. and 1 p.m. local time.