Irish Stock Exchange

Serious Information

Trivia

The national Exchange of Eire provides an efficient and transparent market where the highest regulatory standards are core to its operation. The main securities traded on the Exchange's markets are securities of companies listed on the Exchange and Irish government bonds.

The Irish Stock Exchange (ISE) is the Republic of Ireland's stock exchange, formed through a merger of the Cork and Dublin exchanges, both of which existed since at least 1793.

In 1799, the Irish Parliament passed the Stock Exchange (Dublin) Act regulating 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 95, breaking the link with London. On 6 June 2000, the ISE closed the famous trading floor in Anglesea Street, Dublin 2. The exchange is still based 28 Anglesea Street Dublin, but switched to an electronic trading platform called ISE Xetra. This is owned by, and is the same trading platform used by Deutsche Börse Group.

Most Irish public limited companies have a primary listing on the Exchange. However it is not compulsory for them to do so (the most notable exception is NTR plc, which is unlisted and traded via the grey market). Not every company has shares. For instance Irish International Sports Company that sell football tops, socks, shorts etc are not listed. Some companies based outside Ireland, such as Tesco also trade on the ISE for the convenience of their shareholders. The ISE also trades in a number of other equities, and Irish government bonds.

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

The exchange is owned by stockbroking firms, who with the exchanges listed companies and funds are levied for its maintenance. Traditionally each city in Ireland would have had a number of stockbroking firms, organised as two man partnerships. Competition and globalisation led to all firms now being located in Dublin (the last regional broker was W&R Morrogh's of Cork which closed in 2001 after a large fraud ) and most stockbroking firms are now attached to banks or other financial service companies.

In recent years the exchange has come under pressure with firms listing on the London and NASDAQ markets. The exchange is requlated by the Financial Regulator.

Some brokers do not trade in the smaller stock exchanges such as the ISE. This is often due to what they claim as smaller stock exchnages being more unreliable but often it is just to cut cost or out of patriotism. If you look hard enough you should be able to find a competitive broker that will trade on the ISE.
Member firms based in Ireland are authorised by IFSRA which monitors their compliance with requirements in place in relation to the holding of client assets, capital adequacy and certain other matters such as advertising. Member firms based outside of Ireland are authorised in their EU home state and their relevant regulator monitors their compliance in these areas. However under EU law all member firms of the Exchange wherever based are required to comply with the conduct of business rules of the Exchange. The Exchange monitors compliance with its rules on an ongoing basis.

One of the most recent companies to float on the ISE is Blackrock International Land plc.

Fine Gael Enterprise Spokesperson, Phil Hogan TD, said in 2006 that a committee hearing on the regulation of the Irish Stock Exchange was critical for the protection of the consumer interests of Irish investors. Both the Chief Executive of the Irish Stock Exchange and the Director of Corporate Enforcement were called before the Oireachtas Enterprise Committee in order to assess whether self regulation of the exchange is appropriate and whether legal change is needed. The chief executive of the Irish Stock Exchange (ISE) rejected suggestions that it did not act appropriately.

The Irish Stock Exchange is regulated by the rish Financial Services Regulatory Authority under the Stock Exchange Act, 1995.

The ISFRA http://www.ifsra.ie/index.asp

The Financial Regulator has been appointed the competent authority for the purpose of the Market Abuse Regulations, however certain duties have been delegated to the Irish Stock Exchange.

Financial services are playing an increasingly central part in Irish people's lives. The ISRFAs research shows that 95% of the adult population in Ireland have at least one financial product. Financial services products, by their nature, are complex and have long time horizons. It's their intention that their website will inform and educate consumers, helping them to ask the right questions and to demand fair and professional service. The website will also be helpful to those with a more general interest in financial services and their regulation. The financial services industry plays a major role in our economy, with some 50,000 people working in the sector. It is vitally important that we have a sound, competitive financial services industry in Ireland. The website contains detailed information aimed at the industry with all the latest relevant regulatory and legislative issues.

The Irish stock exchange website

The website contians a wide amount of information on any new listing, all the current companies, the Irish bond market, market news, calender on ISE holidays, AGM and Dividend payments. The website provides dividend information. The Equities section of the website includes detailed information about the companies listed on the Irish Stock Exchange.
It gives the period of the day that trading takes place. So you can watch clock tick tock to the close.

Here is a list of some of the companies on Irish stock exchange

Abbey Plc.
AGI Therapeutics Plc.
Aillied Irish Banks Plc.
Aminex Plc.
Anglo Irish Bank Corporation Plc.
Anglo Irish Capital Funding Limited.
Aviva Plc.

Bank Of Ireland.
Blackrock International Land plc.

C R H Plc.
C&C Group Plc.
CPL Resources Plc.

Datalex Plc.
DCC Plc.
Diageo Plc.
Donegal Creameries Plc.
Dragon Oil Plc.

Eircom Group Plc.
Elan Corporation Plc.

F.B.D Holdings Plc.
Fyffes Plc.

Gartmore Irish Growth Fund Plc.
Getmobile Europe Plc.
Glanbia Plc.
Glencar Mining Plc.
Grafton Group Plc.
Greencore Group Plc.

Horizon Technology Group Plc.

I.W.P. International Plc.
Iaws Group Plc.
Icon Plc.
IFG Group Plc.
Independent News & Media Plc.
Iona Technologies Plc.
Irish Continental Group Plc.
Irish Estates Plc.
Irish Life And Permanent Plc.
ISEQ Exchange Traded Fund Plc.

Kenmare Resources Plc.
Kerry Group Plc.
Kingspan Group Plc.

Lapp Plats Plc.

McInerney Holdings Plc.
Minmet Plc.
Mosney Irish Holidays Plc.

Newcourt Group Plc.

Oakhill Group Plc.
Oglesby & Butler Plc.
Ormonde Mining Plc.
Ovoca Gold Plc.

Paddy Power Plc.
Providence Resources Plc.

Qualceram Shires Plc.

Readymix Plc.
Real Estate Opportunities Ltd.
Ryanair Holdings Plc.

South Wharf Plc.

Tesco Plc.
Thirdforce Plc.
Trinity Biotech Plc.
Tullow Oil Plc.

Ulster Television Plc.
Unidare Plc.
United Drug Plc.

Viridian Group Plc,
Vislink Plc.

Waterford Wedgwood Plc.

Trivia

The ISE is open on St. Patrick's Day, yet closed on Good Friday.


Dublin (Irish: Baile Átha Cliath) population 495,781, is the capital and largest city of the Republic of Ireland (and largest city on the island of Ireland), located near the midpoint of Ireland's east coast, at the mouth of the River Liffey and at the centre of the Dublin Region. Originally founded as a center for the Viking slave trade, the city has been Ireland's capital city since mediæval times.

The term "Dublin Region" has become a substitute for the traditional County Dublin, whilst "Greater Dublin Area" is accepted as including the city and all of counties Dun Laoghaire-Rathdown, Fingal, Kildare, Meath, South Dublin and Wicklow. The limits of the commuter belt stretch to a much greater distance than either of these areas.

The ISE held a minute's silence after the 9/11 Tragedy.

The Iseq index typically takes its lead from other markets, but in one week in 2002 two of its largest companies dictated share movements not just in Ireland but also elsewhere. Elan Pharmaceuticals fell from its position as the biggest Irish company by market capitalisation following news that investors have filed lawsuits, alleging misleading accounting practices. While Allied Irish Bank - the next biggest company - fell from grace on Wednesday morning as it told investors of a suspected $750m fraud.

Often the old trading room is used for conferences.
For many years, unregulated Cayman funds have sought listings on the Irish Stock Exchange. According to Hugh Hanna of Bisys, a Dublin listing confers that badge of regulation considered desirable for marketing purposes.

The name of Anglesea Street commemorates a prominent resident of the area, Arthur Annesley, created Earl of Anglesea in 1661. This Earl was great-grandfather of James Annesley, the principal figure in the famous Anglesea peerage case who died in 1760

Accroding to houseof names. websote The surname Annesley is part of the ancient legacy of the Anglo Saxon tribes of Britain. It is a product of when the family lived at Ansley in Warwickshire, and Annersley in Northumberland. The surname Annesley was originally derived from the Old English name Ansleah.

Spelling variations include of Annesley according to the house of names website include Annesley, Annesly, Annisley, Annisly, Annersley, Annersly, Anesly and many more.
First found in Oxfordshire where the family were seated at Bletchington from ancient times, some say, well before the Norman Conquest in 1066.

It is important when trading to have an eye (or an iris) for spotting long term investments.

address and phone

Anglesea Street, 28
IE-Dublin 2
Ireland
Tel: +353 (1) 617 4200
Fax: +353 (1) 677 6045

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Links on websites on subject

http://www.ise.ie/index.asp The home page of Irish stock exchange

http://www.nasdaq.com/ The homepage of the stock exchange

http://www.cityequities.com/
http://www.moneyweek.com

government_bond information

Other Lonympics sites

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