This is the pan-European market that was established on 22 September 2000 as a result of the merger of the Paris, Amsterdam and Brussels stock exchanges, resulting in the eurozone's first market place. The Euronext group expanded in early 2002 with the acquisition of LIFFE, London's options and futures market, and through the merger with the Lisbon and Porto Stock Exchange, BVLP. It is Europe's leading stock market in terms of subscriptions and the second in market capitalization, only surpassed by that of London. It is based in Amsterdam and has subsidiaries in Paris and Brussels. Among other stock market indices, this market includes the Euronext 100.