DEFINITION of 'Euronext Dublin'

Euronext Dublin was formed in March 2018 when the Irish Stock Exchange merged with Euronext, a cross-border European stock exchange.   The Irish Stock Exchange began trading in 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. That arrangement lasted until 2018 when the merger with Euronext was finalized.

BREAKING DOWN 'Euronext Dublin'

The Irish Stock Exchange was a member of the World Federation of Stock Exchanges, as well as the Federation of European Stock Exchanges. The combined group under the Euronext name said it's "the largest center for debt and funds listings in the world, with more than 37,000 listed bonds and 5,600 funds, and a major player in ETFs with 1,050 listings."

Stéphane Boujnah, Chief Executive Officer and Chairman of the Managing Board of Euronext, said in a statement that, "As the only pan-European exchange operator, Euronext is uniquely positioned to welcome independent exchanges such as the Irish Stock Exchange, now Euronext Dublin, that want to join its federal model and benefit from its single cross-country liquidity pool, its state-of-the-art proprietary technology, and its single rule book."

Euronext Dublin Operations

Euronext Dublin said it operates four markets: "The Main Securities Market for listing debt, shares, funds, and exchange-traded funds (ETFs); the Global Exchange Market for debt and funds and the Enterprise Securities Market and the Atlantic Securities Market for companies raising equity."

The new board of Euronext Dublin has four non-executive directors and the CEO of Euronext Dublin. In 2017, operating under the Irish Stock Exchange, the ISE said it ranked #1 for bond and investment fund listings worldwide with >36,700 securities listed; had the world’s largest ever Sukuk listing, as well as sovereigns, green bonds, banks, European, Middle East, North and Latin American, Chinese corporates among 10,000 new debt listings; and raised 5.1billion euros in equity funds including AIB, the largest IPO in Europe in 2017. 

Parent company Euronext said it operates four national regulated securities and derivatives markets in Amsterdam, Brussels, Lisbon and Paris, the regulated securities market in Ireland and the UK-based regulated securities market, Euronext London. 

RELATED TERMS
  1. CAC 40

    CAC 40 is the French stock market index that tracks the 40 largest ...
  2. New York Stock Exchange - NYSE

    The New York Stock Exchange, located in New York City, is considered ...
  3. Exchange

    An exchange is a marketplace in which securities, commodities, ...
  4. American Stock Exchange - AMEX

    The third-largest stock exchange by trading volume in the United ...
  5. Regional Stock Exchange

    A regional stock exchange is a place outside of a country's primary ...
  6. Speculation Index

    The speculation index has historically been the ratio of trading ...
Related Articles
  1. Retirement

    Find the 5 Top Places for Retiring in Ireland

    From historic, bustling Dublin to the seaside villages of the coasts, these appealing Irish towns deserve a spot on your retirement-destination radar.
  2. Investing

    Stock Exchanges Around The World

    We tell you about five of the most popular stock exchanges from around the globe.
  3. Retirement

    How Much Money Do You Need to Retire in Ireland?

    After the Celtic Tiger's boom and bust, retiring in Ireland may be more affordable than you think. Here's an overview of what to expect.
  4. Investing

    Apple, Ireland in Deal Over $15B in Unpaid Taxes

    The EC says a sweetheart tax deal allowed Apple to pay almost nothing on its European profits.
  5. Insights

    Tim Cook Calls EU Ruling 'Political Crap' (AAPL)

    Apple has been ordered to pay $14.5 billion in back taxes by the European Commission.
  6. Insights

    The Birth of Stock Exchanges

    Learn about the evolution of stock exchanges, from the Venetian states to the British coffeehouses, and finally to the NYSE.
  7. Investing

    The Story Behind The Irish Meltdown

    Once a lesson in national renewal, Ireland is learning that success can be fleeting. Learn the story behind Ireland's crumbling economy.
  8. Investing

    The World's 10 Most Indebted Oil Companies (OGZPY, PBR)

    The recent sharp decline in oil prices along with the industry’s high cost of operations have pushed these 10 global oil companies deeply into debt.
  9. Insights

    Irish Finance Minister to Fight Apple's EU Tax Bill (AAPL)

    The European Commission might have to wait awhile to collect the 13 billion euro ($14.4 billion) it says Apple owes.
  10. Insights

    Tax Wars: U.S. Companies Are Targets (AMZN, SBUX)

    The EU is targeting Amazon, McDonald's, Starbucks and others. Tax avoidance is big business, pitting governments, the EU and companies against each other.
RELATED FAQS
  1. How do I invest in the Nasdaq or the NYSE? Is it even possible? Would I want to? ...

    The Nasdaq and the NYSE are stock exchanges that trade securities. Nasdaq stands for National Association of Securities Dealers ... Read Answer >>
  2. What are the advantages and disadvantages of listing on the Nasdaq versus other stock ...

    Discover some of the primary advantages and disadvantages that exist for companies listed on the Nasdaq exchange rather than ... Read Answer >>
  3. Trading hours of world's major stock exchanges

    Learn about stock exchange trading hours, the opening and closing times of some major global stock market exchanges, and ... Read Answer >>
  4. What are the differences between AMEX and Nasdaq?

    While similar in purpose, the American Stock Exchange (AMEX) and the National Association of Securities Dealers Automated ... Read Answer >>
Hot Definitions
  1. Business Cycle

    The business cycle describes the rise and fall in production output of goods and services in an economy. Business cycles ...
  2. Futures Contract

    An agreement to buy or sell the underlying commodity or asset at a specific price at a future date.
  3. Yield Curve

    A yield curve is a line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but ...
  4. Portfolio

    A portfolio is a grouping of financial assets such as stocks, bonds and cash equivalents, also their mutual, exchange-traded ...
  5. Gross Profit

    Gross profit is the profit a company makes after deducting the costs of making and selling its products, or the costs of ...
  6. Diversification

    Diversification is the strategy of investing in a variety of securities in order to lower the risk involved with putting ...
Trading Center