Eight firms to feature on IEX

THE Irish Stock Exchange’s new specialist market will start off with eight companies when it opens for business next month, it was announced yesterday.

The Irish Enterprise Exchange (IEX), which kicks off on April 12, will draw existing companies from the Exploration Securities Market (ESM) and the Developing Companies Market (DCM).

Both markets will close down to make way for the IEX. ITEQ, the failed market originally aimed at technology-based companies, will also be shelved.