The International Stock Exchange (TISE) listed 1,111 new securities during 2021, breaking a record previously set in 2018.
Cees Vermaas, CEO of TISE, said: “It is fantastic to achieve such significant growth and set a record for the number of new listings on TISE during a year.
“This has helped to develop and diversify our business proposition and it has established a basis for further international growth in the years to come.”
Part of the success was linked to the introduction of the Qualified Investor Bond Market (QIBM). This allowed a bespoke exchange offering the listing of bonds marketed solely to international qualified investors.
In 2021, the UK remained the largest single source of new business for TISE. This was followed by the Channel Islands and the Isle of Man. However, more than 20% of all issuers listing securities on TISE last year were domiciled in either Luxembourg, Ireland or The Netherlands.
TISE’s membership base also grew with seven new Listing Agents last year from across Guernsey (2), the Isle of Man (1), Ireland (3) and Jersey (1).
TISE Sustainable, a significant green market segment, was also launched in 2021. There were more than £8billion of new listings on TISE supporting environmental, social and sustainable initiatives.
These included the first humanitarian catastrophe bond covering pure volcanic eruption as well as green bonds issued by a variety of industry-leading firms.
Pictured (top): Cees Vermaas, CEO of TISE.
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