2021 Marks A Record Year for IPO, and A year for Progress, Says LSEG

The London Stock Exchange Group (LSEG) has released its annual review on Wednesday, saying that 2021 was a year of progress.

Regarding IPOs, 2021 reached the highest level of all time. LSEG was the largest centre for IPOs globally outside of US and Greater China, with more than 120 companies chose to list on the Exchange, raising £16.8bn the strongest year for IPO capital raising since 2007 and the highest number of IPOs since 2014.

Besides, the fixed income markets led the way in sustainability and sovereign bonds, continuing to support international issuers to meet their funding needs in 2021. Specifically, the Main Market and International Securities Market supported over 1800 transactions which raised over £500bn. And over 100 bonds were admitted to the Sustainable Bond Market (SBM) this year, raising over £50bn. LSEG issued its largest bond to date and saw the first use of digitisation in syndicated bond markets in April.

In terms of the ETP market, 310 new ETPs have listed in London in 2021, compared with 196 ETPs listed last year. On 3 February 2021, trading in ETPs accounted for 23% of the total London Stock Exchange orderbook. In line with the sustainability surge, LSEG reported almost £30m average daily turnover for 2021 to date in ESG ETFs, up 150% year-on-year.

The Exchange has expanded and innovated its FX business this year, with volumes increased and over 200 customers added to the portfolio.

Also, LSEG has combined its FX, fixed income, and equities businesses to form the Capital Markets division, which is a multi-asset, diversified, global financial markets infrastructure.

“2021 has demonstrated the vital role LSEG’s deep, liquid capital markets have played in supporting innovation, growth, and the transition to a zero-carbon economy. The new-look capital markets division demonstrated the benefits to our customers of a diversified approach and we are confident in our ability to support them further in 2022 and beyond,” said LSEG.