There were 705 new listings on The International Stock Exchange (TISE) during 2017, an increase of 203 (40%) on the previous year, taking the total number of listed securities on the Exchange to 2,511 at the end of December.
Growth areas for new listings last year included debt products, such as high yield bonds, which proved particularly popular, and convertible bonds, and investment vehicles, including Real Estate Investment Trusts (REITs).
"It is fantastic that we have built on our success of previous years by substantially increasing new business during 2017. This significant rise in the number of new listings at the Exchange reflects the growing recognition from issuers and their advisers that TISE provides the most appropriate listing venue for their securities," said Fiona Le Poidevin, CEO of The International Stock Exchange Group Limited (TISEG).
"Our position as a stock exchange based in Europe geographically but outside the European Union means that we can offer proportional levels of regulation and a responsive service offering within an innovative environment."
A focus for the exchange in 2018 will be showcasing how local companies and those from outside the Crown Dependencies can benefit from a listing on TISE and offer stability during the Brexit process.
For more information about Guernsey's finance industry please visit www.guernseyfinance.com.
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