Written answers

Tuesday, 22 September 2020

Department of Finance

Irish Stock Exchange

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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265. To ask the Minister for Finance the volume of commercial trade that took place in shares here in 2019. [25571/20]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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Euronext Dublin, formerly the Irish Stock Exchange, publishes statistics and data related to trading activity on the Dublin based exchange on its website - .

For 2019, the Euronext Dublin data available indicates there were approximately 8.8 million share trades with an estimated turnover of approximately €91.9 billion with both numbers based on double counting of trades.

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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266. To ask the Minister for Finance the volume of commercial trade that took place in derivatives here in 2019. [25573/20]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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The 12th Triennial Central Bank Survey of Foreign Exchange and Over-The-Counter Derivatives Markets was issued by the Bank of International Settlements in December of last year. This survey, conducted every three years since 1986, is the most comprehensive source of information on the size and structure of global foreign exchange and OTC derivatives markets.

The survey is available on the BIS website, , and showed that trading in global foreign exchange spot and OTC derivatives markets averaged $6.6 trillion and $6.5 trillion per day respectively.

More than 1,200 financial institutions in 53 countries, including Ireland, contributed to the 2019 Triennial Survey.

The data related to Ireland shows there was a substantial increase in the average daily turnover of both foreign exchange contracts and OTC interest rate derivatives between 2016 and 2019. On each of the trading days in April 2019 an average turnover of $7.2 billion in foreign exchange transactions and $7.3 billion in OTC interest rate derivatives transactions was recorded.

The main trading partners in both foreign exchange contracts and OTC interest-rate derivatives markets in April 2019 were cross-border financial institutions.

The Central Bank of Ireland has published a press release and data pertaining to Irish turnover in derivatives as derived from the survey and is available at

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