Press releases 2011
Chilean Finance Minister Opens London Stock Exchange Trading
- Market Open ceremony conducted by Chilean Finance Minister, Felipe Larraín
- Ceremony part of a London trip highlighting Chilean investment opportunities
- Delegation made up of Chilean government officials and business leaders
The London Stock Exchange Group (LSEG) welcomed Chile’s Minister of Finance, Felipe Larraín, together with a delegation of Chilean government officials and business leaders. To mark the occasion the Minister took part in a Market Open Ceremony at the LSE’s headquarters in Paternoster Square.
The business delegation, visiting London to promote investment opportunities in Chile included the Chairman of Antofagasta; one of the world’s largest international copper producing companies and the oldest London listed company on the Main Market.
Xavier Rolet, Chief Executive Officer of London Stock Exchange Group, said:
“We are delighted to welcome Felipe Larraín and the Chilean delegation to the London Stock Exchange today. The London markets have a long history of helping to facilitate the growth of Chilean companies and London is a natural partner for Chile’s ambitions for the future. The London Stock Exchange offers access to a unique international investor base with an unmatched knowledge of natural resources. We have the expertise, depth of capital and liquidity to help support the next century of Chilean growth.”
Minister of Finance Felipe Larraín, said he was very happy to lead the Chilean delegation to London and to have conducted the market open. He commented that the London markets have helped two of Chile’s most high profile companies’ to flourish and he wants to enhance the long commercial relationship dating from the 19th century. He also added that this visit comes off the back of a period of continued economic growth and prosperity for Chile and that the Chilean industry is growing year on year, which is reflected in its GDP per capita being the highest in South America.
There are six Chilean focussed companies listed on the London Stock Exchange with a collective market capitalisation of over £19bn. Banco de Chile and Antofagasta are listed on the Main Market, with mining and resources companies, Herencia Resources, Mariana Resources, Geopark Holdings and Metminco listed on AIM, the London Stock Exchange’s market for smaller, growing companies.
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Notes to editors:
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community. The 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, offering pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital markets.
The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world an extensive range of real-time and reference data products and market-leading post-trade services.
Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1500 people. Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com.