Abstract.Observations of the morphology and behaviour of chemically synthesized Cu-Au nanoparticles using high-resolution transmission electron microscopy are described. Truncated-octahedral (TO) particles, which are the result of a morphological evolution induced by the electron irradiation, are found to be the most stable. They have an fcc structure on a large size range of around 1-12 nm. Aggregation of two TO particles, to form a new TO particle, is observed directly under the electron beam. Modelling performed on 38-atom Cu-Au particles using an empirical-potential genetic algorithm also predicts the existence of fcc single-crystal TO structures.