The International Stock Exchange (TISE) says it had 705 new listings during 2017.
It says that represents an increase of 203 or 40% on the previous year's listings, taking the total number of listed securities on the Exchange to 2,511 at the end of December.
The TISE says growth areas for new listings last year included debt products, such as high yield bonds and convertible bonds and investment vehicles, including Real Estate Investment Trusts (REITs).
Fiona Le Poidevin, CEO of The International Stock Exchange Group Limited (TISEG), said: “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".
Last year, TISE also received recognition from the German financial services regulator, BaFin, which means that German funds established under the European Union’s Undertakings for Collective Investment in Transferable Securities (UCITS) Directive can now invest into securities listed on TISE.
More recently, Mark Nicol joined as the new head of the regulatory arm of the Exchange, The International Stock Exchange Authority Limited (TISEA) and a new service was launched to assist companies in obtaining, maintaining and renewing Legal Entity Identifiers (LEIs).
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