Difference between revisions of "Euronext Dublin"

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The exchange is currently number one in the world for listed funds and number two for debt funds.<ref>{{cite web|url=http://www.independent.ie/business/irish/taking-stock-of-the-man-who-put-irelands-exchange-on-global-map-35633783.html|name=Taking stock of the man who put Ireland's exchange on global map|org=The Independent (Ireland)|date=April 25, 2017}}</ref>
The exchange is currently number one in the world for listed funds and number two for debt funds.<ref>{{cite web|url=http://www.independent.ie/business/irish/taking-stock-of-the-man-who-put-irelands-exchange-on-global-map-35633783.html|name=Taking stock of the man who put Ireland's exchange on global map|org=The Independent (Ireland)|date=April 25, 2017}}</ref>


In November of 2017 the exchange reportedly agreed to sell itself to [[Euronext]] in a deal worth €137m.<ref>{{cite web|url=https://www.independent.ie/business/irish/irish-stock-exchange-sold-to-euronext-36364468.html|name=Irish Stock Exchange sold to Euronext|org=Independent Business Irish|date=November 30, 2017}}</ref>  ISE CEO Deirdre Somers will become Euronext’s head of debt, funds and ETF listing and a member of Euronext managing board.<ref>{{cite web|url=https://www.rte.ie/news/business/2017/1129/923782-irish-stock-exchange-sold-to-euronext-in-137m-deal/|name=Irish Stock Exchange Sold to Euronext|org=RTE|date=November 30, 2017}}</ref>
In November of 2017 the exchange reportedly agreed to sell itself to [[Euronext]] in a deal worth €137m.<ref>{{cite web|url=https://www.independent.ie/business/irish/irish-stock-exchange-sold-to-euronext-36364468.html|name=Irish Stock Exchange sold to Euronext|org=Independent Business Irish|date=November 30, 2017}}</ref>  ISE CEO Deirdre Somers will become Euronext’s head of debt, funds and ETF listing and a member of Euronext managing board.<ref>{{cite web|url=https://www.rte.ie/news/business/2017/1129/923782-irish-stock-exchange-sold-to-euronext-in-137m-deal/|name=Irish Stock Exchange Sold to Euronext|org=RTE|date=November 30, 2017}}</ref> The deal is expected to close in the first quarter of 2018, subject to regulatory approvals.


== History ==
== History ==

Revision as of 09:35, 30 November 2017


Nyse-n.gif


Irish Stock Exchange
Irish Stock Exchange Logo.jpg
Headquarters Ireland
Key People Deirdre Somers, Chief Executive
Website http://www.ise.ie/

As an important component of the financial infrastructure of Ireland, The Irish Stock Exchange (ISE) started in 1793 when it opened for trading in Dublin.[1] The exchange is powered by Xetra and EuroNTS and is regulated by the Financial Regulator. It trades equities on ISE Xetra and government bonds on EuroNTS and is one of the leading venues for listing debts and funds in Europe. It has over 31,000 securities listed on its markets from 80 countries around the world.[2]

The exchange is currently number one in the world for listed funds and number two for debt funds.[3]

In November of 2017 the exchange reportedly agreed to sell itself to Euronext in a deal worth €137m.[4] ISE CEO Deirdre Somers will become Euronext’s head of debt, funds and ETF listing and a member of Euronext managing board.[5] The deal is expected to close in the first quarter of 2018, subject to regulatory approvals.

History[edit]

Although it began in 1793, the Irish Stock Exchange was first recognized by legislation in 1799 after the Irish Parliament passed the Stock Exchange (Dublin) Act.[6] The ISE included various regional exchanges, such as the Cork and Dublin exchanges, throughout different periods in its history. In 1973, the Irish exchange merged with the other British and Irish stock exchanges and became part of the International Stock Exchange of Great Britain and Ireland, now known as the London Stock Exchange. The ISE became independent again in 1995 and has expanded internationally and established itself as a global listing center for international fund and debt securities.[7]

The first listed fund made its debut on the Irish Stock Exchange in 1990; the first debt fund listed in 2000. The ISE became an independent market once again in 1995 after more than two decades as part of the London Stock Exchange.

Exchange for Aviation-Related Debt[edit]

In January 2014, the ISE announced plans to create an exchange for aviation-related debt. The exchange opened at a time when carriers were looking for alternative methods to fund their fleets while still conserving cash.[8] The created exchange will trade aviation-related debt among other instruments. The ISE planned on becoming an international hub for aviation finance assets as the aviation industry's demand for non-traditional sources of finance grew.[9]

Products and Services[edit]

Equity & ISEQ Index

Partnerships and Alliances[edit]

The Irish Stock Exchange and the Shanghai Stock Exchange (SSE) signed a Memorandum of Understanding (MOU) in November 2014 with the goal of developing a mutually beneficial relationship between the exchanges.

Key People[edit]

  • Deirdre Somers, Chief Executive
  • Padraic O'Connor, Co-opted Director (Chairman)
  • Kevin Murphy, Co-opted Director
  • John Corrigan, Co-opted Director
  • Gary Britton, Co-opted Director[10]

References[edit]