Richard Boyd Barrett
Ceist:381. Deputy Richard Boyd Barrett asked the Minister for Finance the volume of commercial trade that took place in shares here in 2017. [35044/18]
Amharc ar fhreagraTuesday, 24 July 2018
Ceisteanna (381)
Freagraí scríofa
The transaction reporting regime established under the EU Markets in Financial Instruments Directive 2 (MiFID 2) obliges investment firms to report to competent authorities, relevant details of certain financial transactions they execute, including shares.
The designated competent authority in Ireland is the Central Bank of Ireland and the details of the transaction reporting regime is set out in Regulation 23 of SI 375 of 2017 and relevant EU legislation.
I have been informed by the Central Bank of Ireland that 6.6 million transactions in equities took place in 2017 ( a decrease of 0.4% on 2016) representing a turnover of €98bn (an increase of 9.9% on 2016).
The Central Bank of Ireland also advised me that Euronext Dublin produces annual statistics on activity on its markets which can be accessed at: http://www.ise.ie/Media/News-and-Events/2018/Irish-Stock-Exchange-year-in-review-2017-infographic-listing-trading-and-highlights.pdf.