History and tour of the Brongiart Palace in Paris
The Paris Bourse sat long at the Palais Brongniart, which is located in the heart of Paris on the Place de la Bourse in the 2nd arrondissement. It was in this palace that was once negotiated actions. It was built in 1808 by architect Alexandre Théodore Brongniart. The Paris Bourse finally left the Brongniart Palace in 1998. Since 2007, she is known as NYSE Euronext, which is officially the equity market in France.
In France, the first exchange appeared in Lyon, in the fifteenth century. It took place at Paris, in the hotel of Nevers, in the eighteenth century by a decree of the State Council of the King September 24, 1724. The king wanted to put an order in the French economy. At the time, strict regulations encadrèrent Stock Exchange such as the prohibition of access to women. She transited a few sites in the city after the busy hotel Nevers. Between 1789 and 1793, she settled in a part of the Palais Mazarin currently the Galerie Vivienne, in 1795, she remained for eight months in the Louvre, from 1796 to 1807 she held the church of the Petits Peres, of 1807 to 1818, in the gallery of Virginia, who is part of the Royal Palace.
In 1808, the architect Alexandre Théodore Brongniart was commissioned to build in place of the former convent of the Filles St. Thomas, a large building to house the Paris Bourse. The building was completed a decade later and became known as the Palais Brongniart. It was opened November 4, 1826. The Emperor looked at the Paris Bourse as a barometer of public confidence because it was composed of annuities, the main element of the official list. Around 1850, the Paris Bourse launched into a great speculation in the first railways. Many coal mines of Belgium benefited at the time of an official listing on the Paris Bourse. Large capital transactions such as the Russian loans, Panama or Suez gave the latter a favorable late nineteenth century development. Because of the war, it was closed for nine years and was functional again from June 27, 1949.
The corporation stockbrokers managed the Paris Stock Exchange until the late eighties. Following the importance of competition in equity markets, it was planned to modernize the Paris Stock Exchange in 1980, which until then adopted the principle of the auction. Between 1986 and 1989, the system of Continuous Assisted Quotation or CAC was applied there. This system allowed the Paris financial market survive the threats of the London Stock Exchange and also make possible the continuous trading. Besides computerization, modernization of the Paris Bourse is also effected at the stockbrokers who experienced a change in their status. New markets and brokerage firms were created such as MATIF, MONEP and SBF. After the establishment of the New Trading System (NSC), the Paris Bourse merged with them in June 1999. The following year, she joined Euronext, formed by a few exchanges of Brussels, Lisbon, Amsterdam and LIFFE. The year 2007 was marked by the merger with NYSE Euronext, which gave birth to NYSE Euronext. Based in New York, this new entity is the first global stock exchange by market value.
Transfer by shuttle taxi to the Brongiart Palace in Paris
The Brongiart Palace in Paris is located 17.8 kilometers from Orly Airport, 25.9 km from Roissy Charles de Gaulle Airport and 85.6 km from the airport of Beauvais.