| Luxembourg Stock Exchange & NYSE Euronext partnership  Since 9 March 2009 trades are generated on the UTP (Universal Trading PlatformSM) hosted by NYSE Euronext’s European cash markets.
This move took place as part of the partnership agreement between Euronext N.V., a subsidiary of NYSE Euronext, and the Luxembourg Stock Exchange. In accordance with this partnership, existing members of the continental European securities exchanges of NYSE Euronext; these being the Euronext cash markets of Amsterdam, Brussels, Lisbon and Paris are able to activate cross-membership rights to the Luxembourg Stock Exchange. Conversely, members of the Luxembourg Stock Exchange may take advantage of their own cross-membership rights. Luxnext standard for corporate bonds  In addition to this migration, the partnership involved the creation of a European Economic Interest Grouping (EEIG). One of the aims of this EEIG is the formalisation of a common European standard for listing and trading of corporate bonds. Known as Luxnext (www.luxnext.com), it involves NYSE Euronext adopting the Luxembourg Stock Exchange SAGE listing platform for corporate bond listings on its European markets. Issuers will therefore be offered a genuine European standard for both the listing and trading of corporate bonds. | | |