London Stock Exchange
London Stock Exchange – one of the oldest exchanges in the world – was founded in 1571 in the British capital as the Royal Exchange. Its capitalization is about $ 4.6 trillion as of April 2018. The Exchange specializes in attracting companies from all over the world for IPOs; in 2004, it established its presence in the Asian region. Trading on the Exchange is distributed in two markets.
The largest companies listed on the Main Market – as of July 2018, 946 British and 225 foreign companies from 60 countries trades their shares, debentures and other securities here. Capitalization of 20 of them exceeds £ 50 billion. The IPO record was set in 2011, when Swiss company Glencore, commodity trading and mining company, listed its securities worth $ 10 billion.
Small companies use the services of the Alternative Investment Market (AIM) which offers simplified admission procedures. It demonstrates the highest growth rates in the world, as it is one of the most liquid markets for small and fast-growing companies. As early as 1995, only 10 British companies listed here; today their total number has reached the mark of 942 companies including 145 foreign enterprises.