Irish Enterprise Exchange
Encyclopedia
The Irish Enterprise Exchange (IEX) is a market
that was launched on 12 April 2005. This market is designed to suit the needs of small to mid-sized companies. IEX offers small to mid-sized companies a number of advantages:
1. Participation in IEX ensures that smaller Irish companies can benefit from a presence in their home market. A public company’s home market can be particularly important for further fundraising after an IPO and is also more likely to provide broker and analyst support necessary to support share trading.
2. IEX companies may qualify for inclusion in the ISEQ Index, thereby increasing their visibility to institutional and retail investors.
3. The IEX Rules have been designed specifically for smaller companies and are complementary to the AIM admission rules in the UK, thereby allowing Irish companies the option of coordinating admission to both markets using the same timetable and essentially the same admission document.
Market
A market is one of many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services in exchange for money from buyers...
that was launched on 12 April 2005. This market is designed to suit the needs of small to mid-sized companies. IEX offers small to mid-sized companies a number of advantages:
1. Participation in IEX ensures that smaller Irish companies can benefit from a presence in their home market. A public company’s home market can be particularly important for further fundraising after an IPO and is also more likely to provide broker and analyst support necessary to support share trading.
2. IEX companies may qualify for inclusion in the ISEQ Index, thereby increasing their visibility to institutional and retail investors.
3. The IEX Rules have been designed specifically for smaller companies and are complementary to the AIM admission rules in the UK, thereby allowing Irish companies the option of coordinating admission to both markets using the same timetable and essentially the same admission document.