tag:blogger.com,1999:blog-30660176.post116525761587126461..comments2021-02-16T00:42:28.629-06:00Comments on My Daily Fatwa: "Paulson" Committee on Capital Markets Report and "elegant whining"M.D. Fatwahttp://www.blogger.com/profile/00111923702768768345noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-30660176.post-1165368472058968112006-12-05T19:27:00.000-06:002006-12-05T19:27:00.000-06:00According to the World Federation of Stock Exchang...According to the World Federation of Stock Exchanges <A HREF="http://www.world-exchanges.org/publications/WFE%202005%20Annual%20Report.pdf" REL="nofollow">last annual report</A>, the TSE's domestic equity market cap at the end of 2005 was US$4.572 trillion, while the LSE's domestic market cap was US$3.058 trillion. Domestic and foreign bond listings on the TSE were US$4.730 trillion, while the the LSE's were US$2.574 trillion. It's possible that the US$7 trillion LSE figure includes cross-listings, but then you are essentially counting shares twice, aren't you?M.D. Fatwahttps://www.blogger.com/profile/00111923702768768345noreply@blogger.comtag:blogger.com,1999:blog-30660176.post-1165367664741323992006-12-05T19:14:00.000-06:002006-12-05T19:14:00.000-06:00Is Japan really a bigger capital market than the U...Is Japan really a bigger capital market than the UK? The TSE has about US$4.5 Trillion in market cap whereas the LSE has nearly US$7 Trillion... Is there some other large pool of capital in Japan that I'm unaware of?Anonymousnoreply@blogger.com