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02 November, 2015 09:18 AM Source: Financial Times - Sri Lanka
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Global giant the London Stock Exchange last week expressed keenness to help the new Government in boosting Sri Lanka’s capital market, foreign investments and private sector.
The offer of help and its expertise was conveyed by LSE Group CEO Xavier Rolet to Finance Minister Ravi Karunanayake after the latter rang the opening bell of the London stock market on Friday.
“LSE, with its prowess as a diversified international market infrastructure and capital markets business, is a perfect partner for an emerging economy such as Sri Lanka to draw more foreign investments. We stand ready to help Sri Lanka,” Rolet said in a brief speech following the market opening at the LSE, the day after the Colombo Stock Exchange concluded a successful Invest Sri Lanka Forum in London.
Having commended the new Government for its planned initiatives to modernise the economy, encourage entrepreneurship and generate growth opportunities, Rolet said that LSE could help boost foreign direct investment as well as facilitate a vibrant capital market.
Facilitation of the listing of blue chips on the London Stock Exchange, expertise to strengthen critical market infrastructure as well as restructuring of state-owned enterprises were also offered by the LSE.  
Rolet said the LSE Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe’s leading fixed income market; and Turquoise, a pan-European equities MTF. It is also home to one of the world’s leading growth markets for SMEs, AIM. Through its platforms, the group offers international businesses and investors unrivalled access to Europe’s capital markets.
Post-trade and risk management services are a significant part of the group’s business operations. In addition to majority ownership of multi-asset global CCP operator, LCH. Clearnet Group, LSEG operates CC&G, the Italian clearing house; Monte Titoli, the T2S-ready European settlement business; and globeSettle, the group’s newly established CSD based in Luxembourg.
Rolet said the group was a global leader in indexing and analytic solutions and its large family of indices had a combined value of over $ 12 trillion. LSEG is also one of the largest clearing houses, handling over $ 600 trillion annually.
The Group CEO in his remarks also highlighted the key role played by MillenniumIT, which it acquired in 2009. 

- See more at: http://www.ft.lk/article/490935/London-Stock-Exchange-renews-support-for-Sri-Lanka#sthash.XKQRHLvX.dpuf

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