Question: Information: - A stock index or stock market index is a measurement of the value of a section of the stock market. It is computed from the prices of selected stocks (typically a weighted average). It is a tool used by investors and financial managers to describe the market, and to compare the return on specific investments. - The CAC Next 20 is an index of security prices used with the Euronext Paris . It gathers the 20 companies whose market capitalizations are ranked after those of the 40 companies who compose the CAC 40 . These 20 are possible candidates to replace the members of the CAC 40 index . The CAC Next 20 was launched on 31 December 2002 . Like the CAC 40 , this new index is calculated uninterruptedly every 30 seconds . - The Paris Bourse is the historical Paris stock exchange, known as Euronext Paris from 2000 onwards. The building, known as the Palais Brongniart, is located in the Place de la Bourse, in the II arrondissement, Paris. - Cotation Assistee en Continu (CAC) was an electronic trading system used at the Paris Bourse, the French stock exchange, in the 1980s and 1990s. 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". The CAC system was a version of an earlier system developed by the Toronto Stock Exchange in the mid-1970s: CATS (Computer Assisted Trading System). In the early 1990s the Paris Bourse developed an upgraded technology known as NSC (Nouveau Systeme de Cotation), which served as a technological platform for the Euronext initiative. The Paris Bourse became Euronext Paris in 2000. - Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam, Lisbon and Brussels exchanges in September 2000 to form Euronext NV, which is the second largest exchange in Europe behind the UK's London Stock Exchange Group. - Lisbon is the capital and the largest city of Portugal, with a population of 552,700 within its administrative limits in an area of 100.05km. Its urban area extends beyond the city's administrative limits with a population of around 2.7 million people, being the 11th-most populous urban area in the European Union. About 2.8 million people live in the Lisbon Metropolitan Area (which represents approximately 27% of the country's population). It is continental Europe's westernmost capital city and the only one along the Atlantic coast. Lisbon lies in the western Iberian Peninsula on the Atlantic Ocean and the River Tagus. The westernmost areas of its metro area is the westernmost point of Continental Europe. - The euro (sign: ; code: EUR) is the official currency of the eurozone, which consists of 19 of the member states of the European Union: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. The currency is also officially used by the institutions of the European Union and four other European countries, as well as unilaterally by two others, and is consequently used daily by some 337million Europeans . Outside of Europe, a number of overseas territories of EU members also use the euro as their currency. - The London Stock Exchange Group plc is a British-based stock exchange and financial information company. It is headquartered in London, United Kingdom. It owns the Borsa Italiana, MillenniumIT, Russell Investments, FTSE International, Exactpro, majority stake in LCH, majority stake in MTS and the London Stock Exchange. - Brussels, officially the Brussels-Capital Region, is a region of Belgium comprising 19 municipalities, including the City of Brussels which is the capital of Belgium. The Brussels-Capital Region is a part of both the French Community of Belgium and the Flemish Community, but is separate from the region of Flanders (in which it forms an enclave) or Wallonia. The region has a population of 1.2million and a metropolitan area with a population of over 1.8million, the largest in Belgium. - Amsterdam is the capital and most populous municipality of the Kingdom of the Netherlands. Its status as the capital is mandated by the Constitution of the Netherlands, although it is not the seat of the government, which is The Hague. Amsterdam has a population of 847,176 within the city proper, 1,343,647 in the urban area, and 2,431,000 in the Amsterdam metropolitan area. The city is located in the province of North Holland in the west of the country. The metropolitan area comprises much of the northern part of the Randstad, one of the larger conurbations in Europe, with a population of approximately 7million. - The CAC 40 (Cotation Assistee en Continu) is a benchmark French stock market index. The index represents a capitalization-weighted measure of the 40 most significant values among the 100 highest market caps on the Euronext Paris (formerly the Paris Bourse). It is one of the main national indices of the pan-European stock exchange group Euronext alongside Brussels' BEL20, Lisbon's PSI-20 and Amsterdam's AEX. - Euronext NV is a European stock exchange seated in Amsterdam, Brussels, London, Lisbon and Paris. In addition to cash and derivatives markets, the Euronext group provides listing market data, market solutions, custody and settlement services. Its total product offering includes equities, exchange-traded funds, warrants and certificates, bonds, derivatives, commodities and indices. After reading the paragraphs above, choose the best answer for the entity that related to 'cac next 20' with the relationship of 'instance of'. Choices: - area - benchmark - building - capital - capital region - change - city - coast - code - community of belgium - company - constitution - data - exchange - four - government - index - information - italy - liquid - market - measurement - member - metropolitan - municipality - name - official - portugal - region - region of belgium - seat - september - sign - status - stock exchange - stock market index - system - the city - union - urban area - value
Answer:
stock market index