How to Invest in the Paris Bourse Stock Exchange
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How to Invest in the Paris Bourse Stock Exchange
Introduction
Also known as "Euronext Paris," the Paris Bourse Stock Exchange actually spearheaded the launch of the Euronext plan, which unified several of the major European stock exchanges. Its equities trading structure is divided into four arms: the Premier March?? includes the big dogs in French and international industry, the Second March?? lists midsized corporations, the Nouveau March?? houses new corporations and the unregulated March?? Libre covers everything else.
Instructions
Difficulty: Moderate
Things You'll Need
- Financial adviser (recommended)
- Capital to invest
- Brokerage trading account
Steps
1
Step One
Learn how the Euronext is structured. In September 2000, the Paris Bourse Stock Exchange became the Paris-based Euronext exchange, with subsidiary exchanges based in five other European countries. In 2006, the New York Stock Exchange (NYSE) Group and the Euronext merged to form the NYSE Euronext.
2
Step Two
Speak to your financial adviser about your personal finance plan. Determine how much money to invest in the exchange formerly known as the Paris Bourse, remembering that any wise investor knows better than to sink everything into a single place.
3
Step Three
Open a trading account with a discount brokerage. Thanks to the merger of the NYSE and the Euronext, international investors have much easier access to the Paris stock exchange than they do to other major international stock markets. Thus your buy and sell requests don't necessarily have to be routed through a Paris-based broker for your order to be filled.
4
Step Four
Choose a French company to invest in. The best way to find these is to track trends in the Paris exchange by reading local, English-language financial papers and following the market for a period of weeks or months. Check into a company's background the same as you would for a domestic stock: know the share's price history, review financial statements, check earnings forecasts and make a decision about which company's stock offers the best value.
5
Step Five
Place an order to buy shares of the company you've decided upon through your brokerage. Use the NYSE Euronext's English homepage to get up-to-date stock quotes and follow your investment (see Resources below).
Tips & Warnings
- Head to the homepage of the NYSE Euronext network for domestic access to global-market information.
- The stocks and securities listed on the Nouveau March?? and March?? Libre are particularly volatile, and while the potential to realize significant profits certainly exists, dabbling in these markets is not recommended for novices.
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