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by greatpatton 497 days ago
5 years ago, the value of companies listed on the LSE was 2 times the size of Paris. Now they are almost equal (Paris was first in 2023). In 2024 only 18 IPO took place on the LSE, the lowest number in the last 20 years. London is still the major place for financial services but other European center are growing faster.
1 comments

the LSE is a single market in a set of thousands

it's an insignificant fraction of financial services London provides and certainly not significant data point to measure the EU against London

Wikipedia's "List of major stock exchanges"[1] has 19 exchanges, not 'thousands', and the LSE is the 11th. How is that not a significant data point?

[1] https://en.wikipedia.org/wiki/List_of_major_stock_exchanges (Nasdaq Nordic and Baltic are presented combined into one valuation)

there are more financial markets that stock exchanges

exchange traded equities are a minority of trading (probably not even 1%)