Business Daily from THE HINDU group of publications
Thursday, Mar 22, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Markets - Stock Exchanges
Industry & Economy - SSI
LSE plans trading platform for small units

K.R. Srivats

London, March 21

London Stock Exchange is keen to help India develop a trading platform for small and medium enterprises, Mr Martin Graham, Director of Markets- LSE, has said.

He also said LSE had in the recent past been drawn into discussions with the Indian regulators on this issue. The LSE's Alternate Investment Market, which is a platform for SME companies, was the sixth largest capital market in the world last year.

Mr Hugh Sandeman, Head of Business Development for India, LSE, said the exchange was supportive of the idea of developing a SME market for India.

Asked whether AIM would lose its competitive edge if a separate SME marker were to be developed in India, he said: "No I don't think so. It is very inconceivable that there won't be companies which want to use the sort of platform that AIM offers. There would be need for our markets despite growing efficiency of domestic market in India.''

More Stories on : Stock Exchanges | SSI

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
IDBI Capital signs MoU with Oriental Bank


Wells Fargo sets up tech centre
Fixed maturity plans turn attractive as companies' deposits lose shine
Jet Airways jumps as global operations gain pace
Can dividend declarations be a zero-sum game?
Bull domination
LSE plans trading platform for small units
Global cues aid market recovery; banks shine
Recently listed textile stocks rule below IPO price


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line