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.