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Irish Stock Exchange

 
Financial & Investment Dictionary: Irish Stock Exchange (ISE)

Founded in 1793 in Dublin, the exchange is a limited company trading equities, government and corporate bonds, investment funds, and specialist securities such as asset-backed debt, securitized bonds, and warrants. Most company securities trade on ISE Xetra, the exchange's electronic trading system, and are settled in CREST. Irish government bonds are traded on EuroMTS, the electronic trading system for market makers in Irish government bonds, and are settled through Euroclear. CRESTCo merged with the Euroclear group in September 2002. Continuous trading runs from 8 A.M. To 4:28 P.M., with an 80-minute pre-market session starting at 6:30 A.M. And 10-minute auctions before the opening and two minutes after the close. A post-trading session runs from 4:30 P.M. To 5:15 P.M. www.ise.ie.

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Wikipedia: Irish Stock Exchange
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The Irish Stock Exchange (ISE) (Irish: Stocmhalartán na hÉireann) is Ireland's stock exchange, formed through the merger of the Cork and Dublin exchanges, both of which have existed as far back as 1793. In 1799, the Irish Parliament passed the Stock Exchange (Dublin) Act which regulated the Cork and Dublin Stock Exchanges. In 1973, the Irish exchange merged with the other British and Irish stock exchanges. From 1973 to 1995, the Irish Stock Exchange was a member of the International Stock Exchange of Great Britain and Ireland (now called the London Stock Exchange). The current independent Irish Stock Exchange was established in 1995, breaking the link with London. On 6 June 2000, the ISE closed its trading floor in Anglesea Street, Dublin 2, and switched to an electronic trading platform called ISE Xetra. This is based on the same trading platform used by, the Deutsche Börse Group.


The published index of shares is known as the Irish Stock Exchange Quotient or ISEQ Overall Index. Other indexes of the exchange include the ISEQ IEX Index, the ISEQ 20, the ISEQ General, ISEQ SmallCap, and ISEQ Financial.

The exchange is regulated by the Irish Financial Regulator under the Markets in Financial Instruments Regulations (MiFID).

List of companies listed on the ISE

See - List of companies listed on the Irish Stock Exchange

References


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Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
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