The Channel Islands Securities Exchange (CISE) has reported 229 new listings during the first half of 2016, a rise of 13 per cent on the same period last year.
This has taken the number of listed securities on the Official List to 2,222 at the end of June 2016.
Fiona Le Poidevin, CEO of the CISE (pictured), said: "We are seeing greater diversification in the geographical origin of our business. An increasing proportion of new work is coming from further afield and we expect that to continue.
“We are also seeing increased diversification in the types of new business. For example, a growing number of companies with equity quoted on the London Stock Exchange (LSE) are choosing to list convertible debt on the CISE.”
In a busy period for the exchange, the group’s parent company, the Channel Islands Securities Exchange, was admitted to the Official List of the Exchange operated and regulated by its wholly owned subsidiary, the Channel Islands Securities Exchange Authority.
In addition, property company Raven Russia, a Guernsey-registered company specialising in commercial real estate in Russia, listed on the CISE, adding to its quotation on the LSE. And on 1 September, the CISE updated its listing rules for investment business to encompass all types of vehicles.