Wednesday March 11 2015
News Source: Global Exchanges
Focus: Other
Type: General
It has been reported that the Irish Stock Exchange (“ISE”) has taken further steps to launch its Atlantic Securities Market (“ASM”). At a Web Summit in October 2013, the Irish Stock Exchange and Nasdaq OMX announced their intention to bring dual ISE/US market access to Irish companies enabling them to raise capital more easily on both sides of the Atlantic. This market will be fully aligned with SEC listing requirements.
It is expected that the ASM will be formally launched later in 2015.. The ASM will be the first market of its kind in Europe and will enable investors to trade in both euro- and dollar-denominated securities of relevant issuers.
This information will be updated as soon as further details become available