This item was published during the term of a previous administration that ended in April 2007
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NYSE comes to Scotland
14/01/2004
A visit to Scotland by the New York Stock Exchange will
highlight to Scottish companies the benefits of seeking a
listing on the Exchange, Enterprise Minister Jim Wallace
said today.
The Minister made the announcement shortly after a
breakfast meeting with officials from Scottish Development
International and senior representatives of the NYSE, as
part of his week-long US tour.
At the Wall Street event, the Minister highlighted the
strong international focus of Scotland's corporate services
sector and explored how to develop stronger relationships
between New York's financial community and Scotland.
Mr Wallace said:
"I was delighted to be able to meet with executives at
the New York Stock Exchange, and to have the opportunity to
raise Scotland's profile in what is unarguably the
financial capital of the world.
"We are proud of the global outlook of our key
industries. Our focus must be on creating the conditions
which will allow our global companies to continue to
prosper in Scotland.
"I am also pleased to confirm that we are working with
the NYSE on its plans to come to Scotland this summer.
They hope to meet Scottish companies to highlight the
benefits of seeking a listing on the Exchange. Listing can
help Scottish businesses to grow by giving them access to
new sources of investment capital and world-class trading
services, increasing their international profile and
involvement in global markets.
"I would urge Scottish firms to grasp the valuable
opportunity that this presents."