Deloitte - Database of Statistics on globalization of world's capital markets

Deloitte has published new data on cross-border securities listings. The Database of Statistics provides clear evidence of the globalization of the world's capital markets and the need for global financial reporting standards. At June 30, 2009, the 52 securities exchanges that are members of the World Federation of Exchanges have over 46,000 companies listed, of which about 3,100 are foreign (cross-border) listings. In addition, 1,024 non-US companies from 50 jurisdictions were registered with the US Securities and Exchange Commission (SEC) at December 31, 2008. (Review the data: Alphabetical Listing of Companies; Geographic Listing of Companies; Listing by US Trading Market; and Geographic Summary by Jurisdiction of Incorporation.)

Canadian Shareholder Profile and Attitudes

As a basis for identifying and addressing the kinds of information that various stakeholder groups want or are likely to want, it is important to consider their information sources and their objectives. In this regard, the 2004 survey on Canadian Shareowners (undertaken periodically by the TSX Group) provides some insight. The survey found that 49% of adult Canadians are shareholders, either as individuals or participants in mutual funds. A number of share ownership surveys are available on the World Federation of Exchanges website.

Statistics database on cross-border securities

Deloitte has updated its Database of Statistics which provides clear evidence of the globalization of the world’s capital markets and of the need for global financial reporting standards. The update reflects July 2007 data on the number of non-US companies listed on member exchanges of the World Federation of Exchanges and details of cross-border listings on the New York Stock Exchange, NASDAQ and the London Stock Exchange. The data includes cross-border lending and accounting standards used by companies listed on the Deutsche Börse, as well as foreign companies registered with the US Securities and Exchange Commission (SEC).

World Federation of Exchanges supports IFRS

Responding to a consultation paper of the IOSCO Technical Committee, the World Federation of Exchanges (WFE) explained the importance of sound financial reporting to public capital markets. It reaffirmed the WFE's strong support of IFRS. The WFE is the global organisation of 54 regulated exchanges from all regions of the world that account for over 97% of world stock market capitalization.