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It was introduced in 1986 for trading less liquid equities, and in 1989 it was operational for all listed stocks. The acronym is also used to refer to the CAC 40, a stock index provided by the Paris Bourse. Curiously, the acronym also fits the name of the early Parisian stockbrokers' association, the "Compagnie des Agents de Change".
CAC 5, inaugurated on 23 June 1986, was a version of the Toronto Computer Assisted Trading System, the first fully automated trading system. [2] CAC 5 consisted of Leroy-Somer, LVMH, Synthélabo, Eurocom and UCB. [3] CAC 40's base value of 1,000 was set on 31 December 1987, equivalent to a market capitalisation of 370,437,433,957.70 French ...
Central Arbitration Committee; CAC 40, a French stock market index; Cotation Assistée en Continu, an electronic trading system used at the French stock exchange; Capital account convertibility, a fiscal policy based on conducting transactions of local financial assets into foreign financial assets freely
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Those futures exchanges that also offer trading in securities besides trading in futures contracts may be listed both here and in the list of futures exchanges. There are twenty one stock exchanges in the world that have a market capitalization of over US$1 trillion each. They are sometimes referred to as the "$1 Trillion Club".
The CAC 40 is a French stock market index, a benchmark index for Euronext Paris Pages in category "CAC 40" The following 42 pages are in this category, out of 42 ...
In fact, similar drawbacks apply to extended trading hours currently offered by the major U.S. stock exchanges, which investors can participate in through many retail brokerages.
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