Highlights of TISE's Successful Year in 2024
The International Stock Exchange (TISE) has reported a spectacular achievement in 2024, with a total of 952 securities listed, marking a 13.1% increase compared to the previous year. This significant growth showcases TISE's position as a dominant player in the financial sphere, reflecting its appeal to investors and companies alike.
Record Numbers for TISE
As of the year's end, the total number of securities on TISE's Official List reached an impressive 4,487, indicating a healthy growth of 5.3% year on year. This milestone underscores TISE's successful strategy in attracting diverse listings and maintaining a robust market presence.
A Milestone in Market Value
For the first time, the total market value of all listed securities exceeded £750 billion, culminating at £756 billion by December. This achievement not only illustrates the marketplace's attractiveness but also signifies investor confidence and a strong market trajectory.
CEO's Insight on Growth
Cees Vermaas, CEO of TISE, expressed his enthusiasm regarding the impressive dynamics of the market, saying, "I am delighted to report double-digit growth in new listings on our public market during 2024." His remarks highlight the exchange's strengths as a premier European venue for bond listings.
Focus on Qualified Investor Bonds
During the year, TISE welcomed 939 newly listed securities on its Qualified Investor Bond Market (QIBM), further solidifying its reputation as the leading venue for private equity debt and high-yield bonds. This sector has seen considerable interest from investors, reinforcing TISE’s robust standing in the market.
Equity Listings Expansion
TISE also made strides in its equity market, with 13 newly listed securities, four of which were introduced under TISE's Equity Listing Rules for Specialist Companies. Among these were four UK Real Estate Investment Trusts (REITs), setting a record as the second largest venue for UK REITs, boasting a total of 42 such listings as of the year’s close.
Sustainability and Social Initiatives
By the end of 2024, TISE reported a record £25.7 billion of listings focused on environmental, social, and sustainable initiatives. This commitment reflects the exchange's intention to be a leader in fostering investments that contribute positively to society and the environment.
Geographical Sources of New Business
The UK remains the largest source of new business for TISE, followed by Luxembourg and Ireland. Notably, a record 28% of newly listed securities originated from the EU, signifying a healthy influx from diverse markets.
Developing Private Markets
In addition to public offerings, TISE has been actively cultivating a strong pipeline for TISE Private Markets, which caters to private companies and asset owners, offering them a bespoke exchange experience. This move exemplifies TISE's adaptability and forward-thinking approach in addressing market needs.
Looking Ahead to 2025
Mr. Vermaas emphasized the remarkable year TISE has had, stating, "We've had a hugely successful year. Our significant achievements reflect the progress we are making in growing our profile... I'm looking forward to continuing this work with all our stakeholders during 2025." His optimism for the upcoming year suggests TISE has ambitious plans to build on its success, further enhancing the value it offers to its clients and the market.
Frequently Asked Questions
What notable growth did TISE achieve in 2024?
TISE listed 952 new securities in 2024, representing a 13.1% increase over the previous year, highlighting its growing attractiveness.
How many securities does TISE currently have?
As of the end of 2024, TISE's Official List contained 4,487 securities, marking a record high for the exchange.
What is TISE's market value in 2024?
The total market value of all listed securities exceeded £750 billion, reaching £756 billion by December 2024.
What sectors contributed to TISE's listings?
Key sectors included the Qualified Investor Bond Market and the equity market, with a notable focus on sustainable and social initiatives.
What are the future plans for TISE?
CEO Cees Vermaas highlighted ongoing efforts to expand TISE's portfolio and maintain growth, emphasizing sustainability and private market initiatives.
