Big Read
Big Read: Shaky stock exchange soul-searches in bid to revive public trading
With the departure of CRH, Euronext’s largest trading company, the capital markets are concerned as the pace of de-listings from the Irish exchange ramps up
In 2020, staff in the capital markets division of Davy Stockbrokers drew up an internal strategy document setting out their plans for the years ahead.
Baked into it was the assumption that some of the biggest companies listed on Ireland’s stock exchange – CRH and Flutter potentially among them – would eventually outgrow the markets in this country and depart, thereby robbing Davy of business.
But if the country’s largest stockbroker was prepared for turbulence, ...