The Channel Islands Securities Exchange (CISE) has seen 104 new listings in the first quarter of this year, a 13 per cent rise on the same period last year.
The market capitalisation of all listings on the Exchange grew by 3% during the first three months of the year to reach £367bn at the end of March.
Fiona Le Poidevin, CEO of the CISE, said: “We are continuing to see increased diversification within our new business as a growing number of companies with equity quoted on the markets of the London Stock Exchange choose to list convertible bonds on the CISE.
“We are seeing greater interest from Guernsey and Jersey domiciled investment vehicles wishing to utilise a CISE listing to add substance to their local arrangements, as well as more enquiries into niche products, such as Insurance Linked Securities (ILS) and Islamic finance.
“There has also been greater diversification in the geographical origin of our business, with an increasing proportion of our new listings coming from further afield.”