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The Paris bourse, dating from 1720, was completely reorganized in 1999. In 1999 the Paris bourse and seven other major European bourses agreed to form a partnership that would create a pan-European stock exchange. That same year, the Paris bourse signed an agreement with the Chicago Mercantile Exchange and the Singapore International Money Exchange to create a "global alliance" covering the European, U.S., and Asian time zones, allowing for trading 24 hours a day.
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