{
 "as_of": "2026-11-06",
 "cmr": "fr-cm-kg/XPAR/FR0004040608",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# ABC ARBITRAGE (Euronext Paris: FR0004040608) — research page\n\nAs of 2026-11-06 · fr-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is ABC ARBITRAGE, listed on Euronext Paris under ticker FR0004040608, with ISIN FR0004040608 and LEI 969500IZ7E6B3QVX2I11. Its security type is Corporate, its segment is not on the record, its sector is NAF 70.22Z, and its jurisdiction is France (RCS-registered SA à conseil d'administration (s.a.i.)). Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 241 filings in the twelve months to 2026-11-06, across 120 filing days. The median gap between filing days is 1 day. The latest filing is dated 2026-11-05, one day before the record date, and is of type directors_dealings. The exchange median is 8.0 days of cadence gap, 15.0 filings and 3 days of latency across 316 issuers; the sector median is 7 days of cadence gap, 15.0 filings and 11 days of latency across 16 issuers.\n\n## Auditor\n\nThe auditor of record is not on the record, and its location is not on the record. The market's record carries the annual report link only and does not carry auditor changes.\n\n## Events and halts\n\nThe record does not carry listing, delisting, name change, domicile change or segment move lines for this market, as no lifecycle type map is in place for this register. The halt flag is listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable: the chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/fr/mifid-ii-product-governance/r1, with the chapter as of 2026-11-04.\n\n## Coverage\n\nNo research house was found on the issuer's own investor-relations page.\n\n## Open research\n\nThe record holds 2 openly published research notes: Edison Investment Research dated 2023-07-28, and TP ICAP (Europe) SA / Midcap dated 2023-05-01.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No years are sealed for the issuer, the market's earliest sealed date is not on the record, and the date the live record began is not on the record.\n\n## Sources\n\n9 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_firds (identity.exchange)\n- https://recherche-entreprises.api.gouv.fr/search?q=400343182 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.fr-cm-kg.ai/events/XPAR/FR0004040608 (the disclosure lines)\n- https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (the halt flag)\n- https://mcp.fr-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.abc-arbitrage.com/wp-content/uploads/2023/07/Edisongroup-research-ABC-arbitrage.pdf (open research)\n- https://www.abc-arbitrage.com/wp-content/uploads/2023/05/2023-05-ABCA-TPICAP-Initiation-Note-v-ENG-.pdf (open research)\n- https://mcp.fr-cm-kg.ai/record/XPAR/FR0004040608 (the record)\n",
 "market": "FR",
 "node": "fr-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the FR vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "FR",
    "reason": "Width 0 records the annual report link only (ORDER-016: source link, not a read)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "FR",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "FR",
    "state": "not_on_record"
   },
   "changes": {
    "market": "FR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "fr-cm-kg/XPAR/FR0004040608",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 316,
     "median_cadence_gap_days": 8,
     "median_filings": 15,
     "median_latency_days": 3,
     "name": "Euronext Paris"
    },
    "sector": {
     "issuers": 16,
     "median_cadence_gap_days": 7,
     "median_filings": 15,
     "median_latency_days": 11,
     "name": "NAF 70.22Z"
    }
   },
   "by_type": {
    "agm_egm": 2,
    "directors_dealings": 230,
    "newswire_release": 8,
    "regulatory_filing": 1
   },
   "cadence_median_gap_days": 1,
   "filing_days": 120,
   "filings": 241,
   "latency_days": 1,
   "latest": [
    {
     "category": "DD",
     "date": "2026-11-05",
     "source": "https://bdif.amf-france.org/#/information/2026DD1148904",
     "title": "DeclarationDirigeants [DD]",
     "type": "directors_dealings"
    },
    {
     "category": "DD",
     "date": "2026-11-05",
     "source": "https://bdif.amf-france.org/#/information/2026DD1148902",
     "title": "DeclarationDirigeants [DD]",
     "type": "directors_dealings"
    },
    {
     "category": "DD",
     "date": "2026-11-05",
     "source": "https://bdif.amf-france.org/#/information/2026DD1148897",
     "title": "DeclarationDirigeants [DD]",
     "type": "directors_dealings"
    },
    {
     "category": null,
     "date": "2026-11-05",
     "source": "https://www.globenewswire.com/news-release/2026/11/05/3396868/0/fr/abc-arbitrage-droits-de-vote-au-31-octobre-2026.html",
     "title": "ABC arbitrage - droits de vote au 31 octobre 2026",
     "type": "newswire_release"
    },
    {
     "category": "DD",
     "date": "2026-11-04",
     "source": "https://bdif.amf-france.org/#/information/2026DD1148431",
     "title": "DeclarationDirigeants [DD]",
     "type": "directors_dealings"
    }
   ],
   "latest_filing_date": "2026-11-05",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.fr-cm-kg.ai/events/XPAR/FR0004040608",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "ESMA FIRDS full equity file (EU instrument reference data per trading venue)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_firds (FIRDS full equity files 2026-09-05)",
    "state": "sourced",
    "value": "Euronext Paris"
   },
   "isin": {
    "read_by": "ESMA FIRDS full equity file (EU instrument reference data per trading venue)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_firds (FIRDS full equity files 2026-09-05)",
    "state": "confirmed",
    "value": "FR0004040608"
   },
   "jurisdiction": {
    "read_by": "French State company search (recherche-entreprises.api.gouv.fr; INSEE / RNE register data) (nature juridique)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://recherche-entreprises.api.gouv.fr/search?q=400343182",
    "state": "sourced",
    "value": "France (RCS-registered SA à conseil d'administration (s.a.i.))"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN FR0004040608)",
    "state": "sourced",
    "value": "969500IZ7E6B3QVX2I11"
   },
   "name": {
    "read_by": "ESMA FIRDS full equity file (EU instrument reference data per trading venue)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_firds (FIRDS full equity files 2026-09-05)",
    "state": "sourced",
    "value": "ABC ARBITRAGE"
   },
   "sector": {
    "read_by": "French State company search (recherche-entreprises.api.gouv.fr; INSEE / RNE register data) (activité principale, NAF)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://recherche-entreprises.api.gouv.fr/search?q=400343182",
    "state": "sourced",
    "value": "NAF 70.22Z"
   },
   "security_type": {
    "read_by": "ESMA FIRDS full equity file (EU instrument reference data per trading venue)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_firds (FIRDS full equity files 2026-09-05)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "FR",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "ESMA FIRDS full equity file (EU instrument reference data per trading venue)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_firds (FIRDS full equity files 2026-09-05)",
    "state": "sourced",
    "value": "FR0004040608"
   },
   "website": {
    "market": "FR",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "FR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "FR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "FR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "FR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "FR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "FR",
  "node": "fr-cm-kg",
  "numbers_hash": "sha256:debfc76d51f621b9d4da4f3d1d8773260ca34faff03a9c1cb3526824f57e74e9",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2023-07-28",
     "kind": "issuer-sponsored",
     "publisher": "Edison Investment Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.abc-arbitrage.com/wp-content/uploads/2023/07/Edisongroup-research-ABC-arbitrage.pdf",
     "state": "sourced",
     "title": "ABC arbitrage: Initiation of coverage"
    },
    {
     "date": "2023-05-01",
     "kind": "issuer-sponsored",
     "publisher": "TP ICAP (Europe) SA / Midcap",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.abc-arbitrage.com/wp-content/uploads/2023/05/2023-05-ABCA-TPICAP-Initiation-Note-v-ENG-.pdf",
     "state": "sourced",
     "title": "ABC Arbitrage SA: Initiation of Coverage"
    }
   ],
   "state": "found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.fr-cm-kg.ai/book/aio.json",
    "door": "https://mcp.fr-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/fr/mifid-ii-product-governance/r1",
   "section": "fr.aio.v10"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.fr-cm-kg.ai/record/XPAR/FR0004040608",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:debfc76d51f621b9d4da4f3d1d8773260ca34faff03a9c1cb3526824f57e74e9",
 "path": "/fr/XPAR/FR0004040608",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is ABC ARBITRAGE, listed on Euronext Paris under ticker FR0004040608, with ISIN FR0004040608 and LEI 969500IZ7E6B3QVX2I11. Its security type is Corporate, its segment is not on the record, its sector is NAF 70.22Z, and its jurisdiction is France (RCS-registered SA à conseil d'administration (s.a.i.)). Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 241 filings in the twelve months to 2026-11-06, across 120 filing days. The median gap between filing days is 1 day. The latest filing is dated 2026-11-05, one day before the record date, and is of type directors_dealings. The exchange median is 8.0 days of cadence gap, 15.0 filings and 3 days of latency across 316 issuers; the sector median is 7 days of cadence gap, 15.0 filings and 11 days of latency across 16 issuers.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and its location is not on the record. The market's record carries the annual report link only and does not carry auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record does not carry listing, delisting, name change, domicile change or segment move lines for this market, as no lifecycle type map is in place for this register. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable: the chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/fr/mifid-ii-product-governance/r1, with the chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research house was found on the issuer's own investor-relations page.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds 2 openly published research notes: Edison Investment Research dated 2023-07-28, and TP ICAP (Europe) SA / Midcap dated 2023-05-01.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No years are sealed for the issuer, the market's earliest sealed date is not on the record, and the date the live record began is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "9 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_firds"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://recherche-entreprises.api.gouv.fr/search?q=400343182"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.fr-cm-kg.ai/events/XPAR/FR0004040608"
  },
  {
   "for": "the halt flag",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.fr-cm-kg.ai/book/aio.json"
  },
  {
   "for": "open research",
   "source": "https://www.abc-arbitrage.com/wp-content/uploads/2023/07/Edisongroup-research-ABC-arbitrage.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.abc-arbitrage.com/wp-content/uploads/2023/05/2023-05-ABCA-TPICAP-Initiation-Note-v-ENG-.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.fr-cm-kg.ai/record/XPAR/FR0004040608"
  }
 ],
 "title": "ABC ARBITRAGE (FR0004040608) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}