Member Exchanges

NYSE Euronext - Lisbon

www.euronext.com  
Tel : 33 01 49 27 10 00
Fax : 33 01 49 27 14 33

 

Representatives

Deputy Chief Executive Officer : Mr. Jean-François Théodore

Director, International Affairs, Corporate Strategy : Mr. Robert Thys

  • * - Half trading day (Short trading day)   |
  • ** - To replace a public holiday that falls on a Sunday   |
  • *** - Close early   |
  • **** - Will close at 1.00pm
  • ο - Subject to the appearence of the moon   |
  • - Subject to change   |
  • (I) - Weekends in Iran : Every Thursday & Friday
  • (II) - Weekends in Israel : Every Friday & Saturday   |
  • (III) - In Malaysia, Saturday & Sunday are non-trading days

Types of Securities TradedName of Trading Systems (cash and derivatives)Trading Hours
Cash :Cash Market : 
SharesNSC7:15 - 17:40 (Lisbon time)
Bonds

Derivatives :

LIFFE Connect ®

Participation Bonds 
Investment Fund Participation Units 
Certificates 
Warrants 
Reverse Convertibles and Similar 
Rights 
Derivatives : 
Single Stock Futures 
PSI 20 Index Futures 
 

Supervisory Body

CMVM (Comissão do Mercado de Valores Mobiliàrios

Name of Clearing & Settlement Organization

Settlement Systems are managed by INTERBOLSA
LCH. Clearnet acts as the clearing house and central counterparty

Settlement Cycle

Name of Central Securities Depository

INTERBOLSA

Commissions on Transactions levied by Exchange

Equal in all stock exchanges of Euronext NV

Taxes on Dividends, Interests

Witholding Tax Rates
Received by investors
Dividends Residents 20% Non Residents 20%
Captial Gains
Shares held for more than 12 months Residents 0% non-residents 25%
Shares held for less than 12 months Residents 10% non Residents 25%
Bonds Residents 0% Non Residents 0%

Interests/Other Income
Bonds Residents 20% Non-Residents 0%
Bonds with gaurantee or prices Residents 15% Non-Residents 0%
Domestic Investment Funds Unit Residents 0% Non-Residents 20%
Foreign Investment Funds Unit Residents 20% Non Residents 20%

2007 Share ownership thresholds (%)

10%, 20%, 1/3, 1/2, 2/3 and 90% of voting rights

Short selling (Yes / No)

No

Short selling conditions (if any)