According to a study by PricewaterhouseCoopers, the London Stock Exchange regained its number one position for Initial Public Offerings (IPOs) among European stock markets in the first quarter of 2010. The London Stock Exchange is ahead in terms of both the funds raised (€2.1 billion) and the number of companies quoted (23). The German Stock Exchange, Deutsche Börse, is in second place with €1.7 billion raised. NYSE Euronext, in Europe, came first over the whole of 2009 but was in third place due to much lower volume levels (around €300 million). This is the first time since the end of 2008 that IPOs in Europe have been greater than those in the US. (I.L./transl.fl)