STOCK EXCHANGES PORTUGAL
Euronext Lisbon (PSI-20)
Euronext Lisbon is a Portuguese stock exchange headquartered in Lisbon. It belongs to the NYSE Euronext group, the first global stock exchange.Euronext Lisbon trades equities, public and private bonds, participation bonds, warrants, corporate warrants, investment trust units, and exchange traded funds. The BVL General index is the exchanges official index, and includes all listed shares on the official market. Settlement is T+3. Derivatives include long-term interest rate futures, three month Lisbor futures, stock index futures and options on the PSI-20 Stock index, and Portuguese stock futures. Trading hours are 9 a.m. to 5:30 p.m. (CET), Monday through Friday.
OPEX is an alternative trading system (ATS) that is managed by PEX (Private Exchange). The market was launched in 2003 to provide a trading environment to the small and mid cap securities of Portuguese companies.Currently the market is making valiant attempts to survive and attract enough liquidity. Its perseverance seems to have paid off with trading volumes showing a rising trend in the past one year.