A final posting on bank stats, but this time focused upon capital markets.
According to the report from TheCityUK (which I cited a couple of times last week):
- Companies raised £83 billion on the London Stock Exchange in 2009, including £5 billion raised on AIM, the market designed specifically for smaller, high growth companies.
- An additional £21 million was raised on PLUS, which also caters for smaller high growth companies.
- Of the 1,038 UK companies quoted on AIM, 603 are based outside London, as are 42% of the companies on PLUS.
Meanwhile, FX transactions have gone through the roof, ever since they became a tradable instrument on the foreign exchange markets. This BIS chart of the Global FX transactions since 1992 shows the impact this has had:
Of course, this has to be combined with globalisation, so here’s the world’s trade volume growth from 2000 through 2009:
Charts sourced from TheCity UK report