> How do i buy shares in Ireland?

How do i buy shares in Ireland?

Posted at: 2014-12-05 
1. Organized stock trading in Ireland dates from the opening of the Dublin and Cork stock exchanges (now merged as the Irish Stock Exchange) in the 1790s. In addition to the typical assortment of bank and corporation securities, Ireland is known for a strong technology stock sector. Since 2000 the Irish Stock Exchange moved entirely to electronic trading using the Deutsche Borse Group's Xetra trading platform.

2. There are two ways to buy shares in Ireland:

-You can have your broker buy directly through ISE Xerta or

-by purchasing Irish ADRs on the New York Stock Exchange (NYSE).

2. Instructions

-Determine if the shares you want to buy in an Irish firm are available as ADRs. An American Depository Receipt is a negotiable security issued by banks that holds shares in foreign companies, acting as a depository. Each ADR represents one or more shares of the stock. This method avoids the cost of currency exchanges and holds other administrative costs to a minimum. Your broker can tell you if an Irish stock is available as ADRs or you can check NYSE listings.

-Buy shares in Ireland as ADRs just as you would purchase any American corporation stock.

-Contact your broker to buy shares in Ireland directly from ISE Xetra. After you deposit sufficient funds in your account, have your broker exchange US dollars for Euros and then place your stock purchase order. In addition to the normal broker's commission, you will have to pay a currency exchange fee and additional administrative costs.



3. Read more: http://www.ehow.com/how_5016211_buy-shar... .

I was wondering, how do i go about buying shares in ireland? (particularly, shares in Allied Irish Bank) My question is where do i go about buy these shares? And where offers the best rates? Thank you in advance.