ISE

ISE - Irish Stock Exchange (ISE)

About the Irish Stock Exchange :

The Irish Stock Exchange or 'The Exchange' has a board of twelve directors. The directors divide the board into subcommittees to allow for concentrated efforts surrounding the governance, problems, and operations of the exchanges. There are eleven subcommittees consisting of admissions, appeals, audit, complaints adjudication, disciplinary, investment, listing, rules, senior appointments and remuneration, special products listing, and sponsor application. Each subcommittee team is responsible for handling operations that surround their topic.

As a checks and balance system, the Irish Stock Exchange has developed a list of rules for the securities that apply to both the mainstream and small markets. The rules are :

corporate securities - equities, preference shares and corporate bonds
Irish Government bonds
exchange traded funds (ETF)
covered warrants
UCITS & investment funds
and debt securities.
For the Irish Stock Exchange to list companies publicly there are fees that are charged for company listings, investment funds, specialist debt securities, member fee, registered sponsor's fees, and information products.

The Irish Stock Exchange developed a regular market for the mainstream businesses and a market for small to mid-sized companies, the Irish Enterprise Exchange (IEX). All of the trades are done in Euros based on the Irish currency.

ISE - History of the Irish Stock Exchange :

The Irish Stock Exchange (ISE) has footprints dating back to 1793 in Cork and Dublin. The Irish Parliament stepped in by establishing the Stock Exchange (Dublin) Act to start up the Dublin Stock Exchange.

In 1973 the exchange became a member of the International Stock Exchange of Great Britain and Ireland. A separation from the International Stock Exchange of Great Britain and Ireland occurred in 1995 thus making the Irish Stock Exchange an independent exchange. When this separation occurred, the International Stock Exchange of Great Britain and Ireland became the London Stock Exchange.

A major change in the Irish Stock Exchange happened on June 6 2000 when the illustrious trading floor on Anglesea Street in Dublin was shut down and replaced with the electronic trading platform known as ISE Xetra.

The ISE added a new market exchange for smaller to mid-sized companies in late March of 2005. This new addition to the exchange is known as the Irish Enterprise Exchange (IEX). The IEX is a great competitor with the London Stock Exchange Alternative Investment Market, which is also geared towards smaller companies wanting to become publicly trades companies.