A cross-border European market where equities, options on equities, bonds, derivatives, and commodities are traded. Euronext was created on September 22, 2000, when three stock exchanges merged: Société des Bourses Françaises SA (SBF), Amsterdam Exchanges NV (AEX), and Société de la Bourse de Valeurs Mobilières de Bruxelles SA/ Effectenbeursvennootschap van Brussel NV (BXS). After the merger, the three stock exchanges became wholly owned subsidiaries of Euronext NV, a newly created Dutch holding company, and changed their names to Euronext Paris, Euronext Amsterdam, and Euronext Brussels, respectively. This created Europe’s first integrated stock exchange and the first time three stock exchanges in different countries merged to form a single entity. Cash, derivatives, and over-the-counter transactions occur on Euronext. Commodity products are traded on Euronext.liffe, previously the London International Financial Futures Exchange, which was purchased by Euronext in January 2002. It allows trading for futures and options contracts across five different currencies and product lines: bonds, short-term interest rates, swaps, equities and equity indices, and commodities. Stock options on corporations located in five European countries, Belgium, France, Holland, Portugal and the U.K., can be traded on Euronext.liffe.