September 15, 2007 – US and German exhanges offer investors access to 63% of the market cap of Sustainable Energy Businesses tracked by Camino. The top ten exchanges, shown below, offer access to 93% of SEBs.

Exhange Listings Mkt Cap (million USD) % of Camino data
NYSE 17 67,113 32%
Nasdaq 64 39,164 19%
XETRA 20 20,322 10%
Oslo 1 18,940 9%
Copenhagen 2 12,904 6%
Madrid 2 12,627 6%
Bombay 1 9,783 5%
Frankfurt 6 4,466 2%
Toronto 14 4,122 2%
OTC BB 69 3,684 2%

Interestingly, a significant amount of market cap is traded on a few exchanges due to listing of highly successful companies like REC, Vestas, Abengoa, Gamesa, and Suzlon. 

The exhanges available to early stage firms, such as the Toronto Venture Exchange, the London AIM, and the US Pink Sheets collectively represent about 1% of the market cap tracked by Camino (if Calpine is excluded as a special case….it is only listed on the Pink Sheets because of its bankrupcy filing. )  The small size of these listings doesn’t provide much trading opportunity.