Ireland risks missing out on a substantial economic dividend from a generation of homegrown Irish business success stories in the absence of a clear national policy to support entrepreneurs and grow businesses to scale according to the ISE's Deirdre Somers. She was speaking at the Published Accounts Awards ceremony, hosted by the Leinster Society of Chartered Accountants.
The ISE has been appointed to a key role in a new European initiative designed to provide the benchmark standard for the asset backed securities market. The new initiative is led by an organisation called Prime Collateralised Securities [PCS]. PCS is an industry-led, non-profit initiative set up to develop a label for high quality securitisations.
In line with EU requirements, the Central Bank of Ireland and the Irish Stock Exchange have successfully unwinded a delegation arrangement relating to the performance of certain tasks under the Transparency Regulations.
Morgan Stanley, the leading global financial services firm, has been admitted as a primary dealer in Irish Government bonds.
The ISE has extended its use of the ISE Xetra trading system, the electronic securities trading platform developed by Deutsche Börse, until 31 December 2016.
Fastnet Oil and Gas has joined the Enterprise Securities Market (ESM), the ISE's market for growth companies, with a market capitalisation of €22.8m.
The ISE has reported revenues of €21.3m for 2011, a 4% increase on 2010. Pre-tax profits after an exceptional pension charge of €2 million were €4.6m.
Market data from the ISE is now accessible to the 15,000+ global member sites in the BT Radianz Cloud making it easier for investors in Europe and beyond to access ISE information.
The ISE warns investors to be vigilant to potential fraud from "boiler room" scams which contact investors unexpectedly and offer to buy shares at prices higher than current market value.
The ISE has admitted the first ever Global Depositary Note (GDN) to a European exchange market. Issued by Citibank, it relates to an offering by Pemex, the Mexican state-owned petroleum company, one of the largest companies in Latin America.
The ISE and the Malta Stock Exchange (MSE) have launched the European Wholesale Securities Market (EWSM), www.ewsm.eu, a new market for wholesale fixed income debt securities.