By Sonya Rabbitte, 9 June 2000 17:00
NEWS The Irish stock exchange has begun electronic trading this week in an effort to woo both local and foreign companies to the Irish market. The link up with the Frankfurt exchange will allow investors access to real-time pricing of deals and visible trade flows, using the Xetra electronic trading platform. It is hoped the move will encourage the market's four biggest stocks - Bank of Ireland, Allied Irish Bank, Eircom and building firm CRH, currently being traded on the London exchange - to move back to Dublin. The ISE also plans to launch a new index, Iteq, in July. It aims at attracting technology companies to trade in Ireland, by exempting them from stamp duty Stamp duty on listed companies is currently one per cent in Ireland, one of the highest rates in Europe.
In order to post a comment you need to be registered and logged in.
Log in or create your silicon.com account below