The International Stock Exchange (TISE) has joined the International Capital Market Association (ICMA), a not-for-profit membership association serving member firms in the international debt capital markets.
Headquartered in Zurich, and with offices in London, Paris, Brussels and Hong Kong, ICMA has more than 600 members active in all segments of the sell-side and buy-side international debt capital markets in 63 jurisdictions.
Among its members are private and public sector issuers, banks and securities dealers, asset and fund managers and other investors, insurance companies, capital market infrastructure providers, central banks and law firms.
Anthony Byrne (pictured), Head of Bond Markets at TISE, commented: “ICMA is the leading international association for debt capital markets and TISE’s membership reinforces our position as a major European professional bond market.”
The objectives of ICMA are to provide a basis for joint discussion of questions relating to the international capital and securities markets; to issue rules and make recommendations governing their operations; and to provide services and assistance to participants in the international capital and securities markets.
In pursuit of these objectives, ICMA brings together members through regional and sectoral member committees, and focuses on a comprehensive range of market practice and regulatory issues that affect all aspects of the functioning of these markets.
ICMA prioritises four core fixed income market areas: primary; secondary; repo and collateral; as well as sustainable finance.
Byrne added: “ICMA is a leader in ensuring the successful functioning of the international debt capital markets and being a member puts TISE at the heart of discussions on evolving market practice, including within sustainable finance.
"Having just launched Europe’s most comprehensive sustainable finance segment, TISE Sustainable, we are excited to play our role in this and other areas for the mutual benefit of all market participants.”