What is Alternext?
Alternext is an equity trading market opened by Euronext for small to medium-sized firms in Belgium, France and the Netherlands. It's also known by the name NYSE Alternext.
Where have you heard about Alternext?
Alternext's parent institution, Euronext, is a European stock exchange that manages exchanges in six companies across the continent. It's one of the world's largest stock exchanges and includes the London International Financial Futures and Options Exchange (LIFFE) and Bolsa de Valores de Lisboa e Porto (BVLP) in its portfolio.
What you need to know about Alternext.
Alternext was created at a time where it was becoming increasingly difficult for smaller companies to easily access regulated markets. By minimising listing requirements and simplifying trading rules, Euronext aimed to create a trading system open to those firms looking for an alternative equity market.
Candidate companies still need to have a listing sponsor and at least two years of accounts among other requirements, but Alternext is generally regarded as an easily-accessed exchange compared to some of its sister exchanges.
Find out more about Alternext.
Read our guide to Euronext to learn more about the foundations of Alternext and its parent institution.