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ARTICLE · 12 SEPTEMBER 2023

Record Turnover For TISE

The International Stock Exchange (TISE) has announced a record turnover for the first half of 2023. The Guernsey headquartered stock exchange has overcome macro-economic headwinds...

GuernseyFinance and Banking

The International Stock Exchange (TISE) has announced a record turnover for the first half of 2023. The Guernsey headquartered stock exchange has overcome macro-economic headwinds to post a £5.2 million turnover and after tax profits of £2.4 million - an increase of 15.8%.

The organisation's latest Interim Report shows that turnover for the Group increased 7.0% and other highlights include 375 securities listed in H1 2023 which have contributed to overall market growth of 8.5% year on year.

TISE's new Private Markets service, which launched ahead of this year's Guernsey Finance Funds Forum, where Cees Vermaas, CEO of the Group was a panellist, has already onboarded Blue Diamond Limited, also founded and based in Guernsey. Blue Diamond Group operates 44 garden centres across the UK and the Channel Islands, with annual revenues approaching £350 million.

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