THE STAGE IS SET

Let’s look back at 2024 inside the London Stock Exchange.

2024 saw many of you achieve milestones in your growth journeys, while we welcomed the most significant capital markets reforms in a generation.

The London Stock Exchange continues to be a leading global exchange and the number one venue in Europe for raising equity capital, with more raised in London this year than the next three European exchanges combined.

274 companies raised £25 billion of equity capital on London's markets through 344 transactions, driving growth and opportunity for ambitious companies. We also saw a wide range of global borrowers raise over £732.6 billion through 12,742 fixed income issuances on our world-class bond markets.

Welcome to the Main Stage

·The launch of the new London Stock Exchange Main Market and the most significant reforms to the UK's Listing Rules in a generation were introduced in July. These changes make the listing rules simpler and more flexible for companies looking to start, grow and scale in the UK.

·London's Main Market continues to be an international destination for growing companies. 35% of companies listed on the London Stock Exchange are international, more than any other major exchange.

·We saw innovative companies join our markets, from homegrown success stories such as Raspberry Pi and Applied Nutrition to international businesses including Air Astana, CKI Infrastructure and CANAL+.

A spotlight on smaller growing companies

·For the last 5 years combined, 54% of all capital raised on European growth markets has been raised on AIM, Europe's leading growth market.

·AIM welcomed a range of dynamic businesses, including AOTI, Rosebank Industries, Winking Studios and Microsalt.

·Partnering with the Scaleup Institute, we supported growing businesses around the UK on how to access funding, markets and talent.

Sustainability is integral to our products and services

·Through our dedicated Sustainable Bond Market, innovative issuers raised over £56 billion through 133 issuances of new and existing bonds.

·Within the equity markets we saw Green Economy Mark companies raise £574 million.  At the time of launch, the Green Economy Mark was 74 issuers with a combined market capitalisation of £55 billion. Today, (five years later) the mark is now held by 99 issuers with a combined market capitalisation of over £160 billion.

·74 out of 183 new ETFs listed in 2024 had an ESG methodology1.

·The London Stock Exchange was delighted to win “Stock Exchange of the Year,” at the Environmental Finance Sustainable Investment Awards 2024.

Bringing the stage to life with equities trading

·Trading activity has remained strong throughout 2024 with record days seen on the London Stock Exchange and Turquoise, including London Stock Exchange’s two largest auction trading days of all time, and three of the top five trading days in Exchange Trading Products (ETPs) of all time.

·The London Stock Exchange Order Book average daily traded value (ADTV) increased by just under 15 percent year-on-year to £4.2 billion, with ADTV in ETPs increasing by 27% to £672 million.

·The London Stock Exchange admitted 9 new member firms in the year.

·On Turquoise, Periodic Auction value traded increased by nearly three times with the top ten record trading days of all time happening this year.

·LSEG was awarded the Editor's Choice Award for 'Outstanding Exchange Group' at the TRADE's 2024 'Leaders in Trading' awards.

A stellar performance for listing of Exchange Traded Products (ETPs)

·With 226 new ETP listings - 183 new Exchange Traded Funds (ETFs) and 43 new Exchange Traded Commodities (ETCs) / Exchange Traded Notes (ETNs) - the London Stock Exchange has continued to be a leading venue globally, home to over 2,300 ETPs with an aggregate Assets Under Management (AUM) of over £1.1 trillion. The total ETP listings in 2024 are up 20% compared to last year.

·The universe of active ETFs has continued to grow, with asset managers, such as Abrdn, Ark Invest, American Century, and Robeco, launching their debut offerings. The London Stock Exchange welcomed 34 new active ETFs in 2024 and is now home to 93 active ETFs with an aggregate AUM of over £25 billion.

·The London Stock Exchange went live with crypto ETNs in May, which marked a significant milestone for institutional investors looking for exposure to crypto assets in the UK. A total of 11 crypto ETNs, consisting of 100% physically backed Bitcoin or Ethereum, have been listed with an aggregate AUM of £2.7 billion.

·From October 2024 International asset managers have begun utilising the UK’s new Overseas Fund Regime (OFR) that has streamlined the recognition process for overseas funds seeking to tap into the UK investor base.

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https://www.londonstockexchange.com/discover/news-and-insights/2024-wrap-up