The leading venue for Irish equity trading
We offer our domestic and international trading members the most efficient marketplace for trading in Irish equities. We run cost-effective and easily accessible trading and post-trade systems in partnership with Deutsche Börse (ISE Xetra), Euroclear UK & Ireland (CREST) and Eurex Clearing AG (CCP). Our competitive pricing model incentivises our members to increase their trading activity. As a result, we remain the main pool of liquidity for Irish equities.
Become a trading member
For all applicants we offer a prompt membership and connectivity process. Connecting to our trading platform, ISE Xetra, is straightforward and is further simplified if the applicant is already a Xetra participant on Deutsche Börse. Call us if you are interested in becoming a member firm.
Current members list
*Firms who wish to avail of our reduced order execution fees for algorithmic trading flow must sign and submit the Automated Trading Programme (ATP) Agreement and the Application for the Approval of an ATP User-ID form to the ISE.
ATP User ID Application (220 KB)
ATP Agreement (89 KB)
**This fee applies to off-order book equity and ETF deals reported through the ISE Xetra system. A fee of €10 per trade report applies to deals submitted to the ISE for other securities.
***Trade reporting (only) member firms pay an annual charge of €1,000 to access the €0.05 fee per trade report for off-exchange trades in non-ISE EU Regulated Market securities in accordance with the ISE’s MiFID Post-trade Transparency Service. Further details here:
MiFID Post Trade Transparency (90 KB)
Fees paid by a trading member firm to connect to the ISE Xetra platform depend on the type of connection required and the location of the member firm. Further details here:
Clearing and settlement fees
We have outsourced the provision of our clearing and settlement facilities to Eurex Clearing AG (Eurex) and Euroclear UK & Ireland (EUI) respectively. Full details of the clearing fees charged by Eurex can be found on their website. The ISE does not charge any further clearing and settlement fees.
Trading system - ISE Xetra
ISE Xetra is the electronic trading system for equities and ETFs and results from our strategic technology partnership with Deutsche Börse AG.
Xetra’s performance and functionality has made it one of the world’s leading trading systems. Its built-in back-up facility strengthens its resilience guaranteeing close to 100% service levels for our trading members.
ISE Xetra is regularly enhanced via new Releases. This ensures that it continues to be reliable and up-to-date. Documentation relating to the current Release is available by clicking on the ‘Xetra Sign In’ button on this page.
This document is designed to be read by trading members alongside the Rules. Topics include:
ISE Xetra Release 16 Market Model (779 KB)
This document provides a detailed guide on trading on ISE Xetra.
We have established partnerships with international post-trade systems for the clearing and settlement of ISE trades. Clearing is carried out by Eurex Clearing AG and settlement is provided by Euroclear UK & Ireland via the CREST system. For more information on clearing and settlement, please visit our Clearing and Settlement page or contact us directly.
ISEQ 20 ETF
With a low and competitive Total Expense Ratio (TER), the WisdomTree ISEQ 20 UCITS ETF enables simple, cost-effective and diversified exposure to 20 of the leading companies on the ISE.
The latest pricing information for this ETF can be found in the Market Data & Announcements section of our website.
Further information regarding the WisdomTree ISEQ 20 UCITS ETF can be found in the brochure below or at www.wisdomtree.eu.
ISEQ 20 ETF (467 KB)
All trading members are subject to the Rules:
Member Firm Rules - Release 17 (370 KB)
MiFID liquid shares
The list of shares that are admitted to trading on the ISE's Main Securities Market and, which effective 1 April, 2015, are classified as liquid under the criteria laid down by Article 22 of Commission Regulation (EC) No 1287/2006, are as follows:
The above list reflects ESMA (European Securities and Markets Authority) calculations.
A consolidated list of MiFID liquid shares is published on the ESMA website:
Trading calendar and trading hours