The customer The roots of the Irish Stock Exchange (ISE) date back to the year 1793, when trading started for the first time in Dublin. Today, ISE serves as an important pillar of the Irish financial market and facilitates trading in equities, fixed-income securities, warrants and investment funds, etc. as a recognized European stock exchange. The challenge In 1999, ISE set itself the objective of continuing to shape, supervise and monitor the Irish market as an independent organization. Thus, it wanted to establish a fully electronic market in the shortest time possible. For economic reasons, in-house development was not an option. Instead, ISE selected an existing advanced and high-performance trading technology. At the same time, the outsourcing of many technical services aimed to enable the exchange to focus on core tasks such as market supervision, marketing, listing and regulation. Our approach The Irish market for equities and warrants constitutes an own backend. All participants of ISE are connected to an implemented access point in Dublin. On behalf of ISE, Frankfurt is taking care of basic operation services such as helpdesk, information dissemination or market steering. The solution Trading on Xetra-ISE started in June 2000 – after a project period of five months. It has run successfully for more than seven years. Exchange turnover for equities has more than tripled since the launch. “Our technology alliance with Deutsche Börse and the trading of Irish Stock Exchange equities and warrants on a segregated and ISE controlled segment of Xetra has been a key element in the internationalization of membership of the Irish Stock Exchange and in fully supporting an easily accessed, cost effective, transparent and resilient trading mechanism for Irish equities.” Brian Healy, Director of Trading and Regulation, Irish Stock Exchange Back to the reference page. | 
