London International Stock exchange is considered as one of the main stock exchanges in the world. The others being the Tokyo Stock Exchange and the New York Stock Exchange. If a company is to obtain a listing in the London International Stock Exchange which is called the main market the following conditions should be met.
• There should be at least three years past track records if a listing to be provided. This will ensure that start up companies (new companies) cannot have its shares traded in the main market.
• The shares offered to the general public should amount to at least 25% of the issued share capital
• There must be sufficient trading in the shares
• The market capitalization (value per share into number of shares in issue) should exceed £ 6 million
• There must be an agreement with a market makers (an organization which act as a stock broker but it can buy and sell shares under its own name) to market the shares
• The board of directors should pass a resolution indicating that they will abide by the rules and regulations of the stock exchange
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