The International Stock Exchange (TISE), a wholly-owned subsidiary of Miami International Holdings, Inc. (MIAX) (NYSE: MIAX), today announced that it listed a record 1,140 securities during 2025, a 19.7% increase year-on-year (YoY). 

The new listings contributed to a record 4,818 securities on TISE’s Official List at 31 December 2025, an increase of 7.4% YoY. The total market value of listed securities also reached a record £797 billion at 31 December 2025, a 12.6% increase YoY. 

“I am delighted to report a record number of new listings on TISE during 2025,” said Cees Vermaas, Chief Executive Officer of TISE. “It has been a milestone year for the exchange, with MIAX’s acquisition of TISE in June and strong growth in our listings business. The increase in the number, value and diversity of securities admitted to TISE confirms our position as a leading European listing venue for bonds offered to qualified investors.”

"The increase in the number, value and diversity of securities admitted to TISE confirms our position as a leading European listing venue for bonds offered to qualified investors.”

Additional 2025 Highlights

•    The total number of private equity debt securities listed on TISE reached 2,135 at 31 December 2025. There were 407 new private equity debt securities listed on TISE during 2025, an increase of 18.7% YoY. 
•    The total number of high yield bonds listed on TISE reached 533 at 31 December 2025. There were 220 new high yield bonds listed on TISE during 2025, an increase of 74.6% YoY. 
•    The total number of securitisation bonds on TISE’s Official List reached 631 at 31 December 2025. There were 150 new securitisations listed on TISE during 2025, an increase of 8.7% YoY.
•    The total number of securities admitted under TISE’s Equity Listing Rules for Specialist Companies reached 27 at 31 December 2025. Launched in November 2024 to address changing market expectations, TISE’s new rulebook streamlines the initial application and continuing obligation requirements for Specialist Companies including SPV holding companies, closely held Real Estate Investment Trusts (REITs) and other similar issuers. 
•    The total number of UK REITs listed on TISE reached 41 at 31 December 2025, making TISE the largest market for listed UK REITs. 
•    The total value of listings on TISE supporting environmental, social and sustainable initiatives reached a record £32.2 billion at 31 December 2025, an increase of 25.3% YoY.

At 31 December 2025, TISE issuers were domiciled in 38 different territories, with the UK remaining the largest single source of business at 46.9% of new listings, and a record 31.1% of new business coming from the European Union.