Euronext reportedly explores private securities market targeting pre-IPO trading

The reported move would put the exchange operator in closer competition with London Stock Exchange Group as venues seek new ways to give investors access to private companies before listing.

Summary

Euronext is reportedly exploring a private securities market focused on pre-IPO companies, a step that would position it against London Stock Exchange Group as exchange operators compete to broaden investor access to private-market deals. Private securities venues let investors trade shares in companies before a public listing, an area that has drawn growing interest as businesses stay private for longer and demand for earlier access increases.

Terms & Concepts
  • private securities market: Venue for trading unlisted company shares
  • pre-IPO companies: Businesses before an initial public offering
  • initial public offering: A company’s first public share sale