THE Isle of Man’s Treasury minister has welcomed The International Stock Exchange establishing an office in the island.
More than 120 members of the island’s business community attended the launch event, including Treasury minister Alf Cannan.
‘I am very pleased that TISE has chosen to establish a presence in the Isle of Man,’ he said.
‘This not only creates direct employment opportunities but, by supporting the fundraising needs of many other local businesses, it has the potential to help generate many more jobs and revenue in our local economy.
‘All of this aligns closely to the objectives outlined in Tynwald’s programme for government and I am delighted to welcome the exchange to the Isle of Man.’
Exchange chairman Jon Moulton was also present at the event.