DEFINITION of 'Irish Stock Exchange – ISE'
A stock exchange located in Ireland. The Irish Stock Exchange has been in existence since 1793, and became a legally recognized entity in 1799, when the Irish Parliament passed the Stock Exchange (Dublin) Act. In 1973, the Irish Stock Exchange was merged with other British and Irish stock exchanges, and became part of the International Stock Exchange of Great Britain and Ireland. This merger became known as the London Stock Exchange. After more than two decades, however, the Irish Stock Exchange once again became a separate, autonomous entity in 1995. Its registered office is located in Dublin, Ireland.
BREAKING DOWN 'Irish Stock Exchange – ISE'
The Irish Stock Exchange is a member of the World Federation of Exchanges, as well as the Federation of European Stock Exchanges. It is regulated by the Central Bank of Ireland (CBI), which is responsible for the regulation and supervision of Ireland's regulated markets and authorized market operators. The Irish Stock Exchange PLC is an Irish public company, and has a board of ten directors, whose appointments are subject to approval by the CBI.