| Battle of the financial centres | | How they line up (*Ranking, based on survey of financial professionals, where four stars rate highest) | | Availability of skilled personnel | Regulatory environment | Availability of business infrastructure | Government responsiveness | Quality of life | Culture and language | Quality/availability of commercial property | | London | **** | **** | *** | *** | ** | **** | *** | | New York | *** | *** | **** | **** | *** | *** | **** | | Frankfurt | * | ** | ** | ** | * | * | ** | | Paris | ** | * | * | * | **** | ** | * |
|
| Britain’s share of global financial markets | | Per cent ( n.a. indicates data is no available) | | UK | US | Japan | France | Germany | Others | | Foreign equities turnover (Jan-Sep 2005) | 43 | 31 | n.a. | n.a. | 3 | 23 | | Foreign exchange turnover (Apr 2004) | 31 | 19 | 8 | 3 | 5 | 34 | | Derivatives turnover exchange traded (2004) | 7 | 31 | 2 | 4 | 12 | 44 | | Derivatives turnover over-the-counter (Apr 2004) | 43 | 24 | 3 | 10 | 3 | 17 | | Marine insurance net premium income (2004) | 15 | 10 | 14 | 8 | 10 | 43 | | International bonds - secondary market (2004) | 70 | n.a. | n.a. | n.a. | n.a. | n.a. | | Hedge funds assets (Dec 2004) | 20 | 69 | 1 | 2 | n.a. | 8 |
|
| Overall rating | | The sum of scores for each centre on 13 competitiveness factors | | London | 214.7 | | New York | 212.9 | | Frankfurt | 174.3 | | Paris | 172.0 |
|
Sources: Z/year and Corporation of London report; www.ifsl.org.uk
Copyright The Financial Times Limited 2012. Print a single copy of this article for personal use. Contact us if you wish to print more to distribute to others.
