Following the acquisition of the Irish Stock Exchange on 27th March 2018 by Euronext the exchange began trading under the name Euronext Dublin.
The acquisition saw Euronext acquire a global leader in the listing of debt and fund securities as well as the centre of liquidity for trading shares in Irish companies.
With over 37,000 securities listed on its markets, the former ISE is the exchange of choice for over 4,000 issuers from 90 countries to raise funds and access international investors.
Combined Euronext is now the largest centre for debt and funds listings in the world, with more than 42,000 listed bonds and 5,600 funds.
It is also a major player in ETFs with 1,050 listings.
Dublin is Euronext’s centre of excellence for ETFs combining its ETF trading franchise with the ISE’s issuer franchise which includes the likes of PIMCO and Wisdom Tree.
In existence since 1793, the ISE is the competent authority for listing in Ireland and is authorised by the Central Bank of Ireland under MiFID as a market operator and provider of multilateral trading facilities (MTFs). The ISE is the National Numbering Agency (NNA) for Ireland which enables it to issue ISIN (International Securities Identification Number) and CFI (Classification of Financial Instruments) codes. It is endorsed by the global Regulatory Oversight Committee to provide LEI services.
Euronext was founded in 2000 with the mergers of the Amsterdam and Brussels stock exchanges, as well as the Paris Bourse. These can be traced back to seventeenth, nineteenth and eighteenth centuries, respectively. The goal was to take advantage of European integration, specifically the new euro currency.
In 2001, Euronext acquired London International Financial Futures and Options Exchange shares. The next year, it merged with Bolsa de Valores de Lisboa e Porto, a Portuguese stock exchange then renamed Euronext Lisbon, after which it became a listed company, having completed its initial public offering.
In 2005, Euronext introduced Alternext with the aim of helping finance smaller European firms. In 2007, Euronext merged with the New York Stock Exchange Group. The new headquarters were moved to New York and its trading platform was run from Paris. In 2012, the exchange group was acquired by Intercontinental Exchange. Soon after, Enternext was created as a subsidiary, the goal of which would be to help grow small and medium size enterprises.
Since 2017, Euronext has been undergoing a series of acquisitions. In the last four years, it acquired the currency trading platform FastMatch, the Irish Stock Exchange (now trading as Euronext Dublin) and the Oslo Stock Exchange. It also became the majority shareholder of NordPool, a European power exchange, and VP Securities, a Danish securities depository. It also purchased the Italian Bourse from the London Stock Exchange Group. Euronext has almost 2,000 issuers.
