It wasn't just France's drubbing of England at Wembley last night that had Xavier Rolet, chief executive of the London Stock Exchange, enthusing today.
Nor was it only the forecast-beating numbers he presented, showing the LSE can grow profits even in torpid equity markets.
No, where Rolet caught fire was talking about the initial public offering (IPO) market.
He said: "It has taken off in the last couple of months. We've had the first listing of a US company here for two years, the first big private-equity sell-off for nine months, and the first Vietnamese company ever. The pipeline is very encouraging."
The world's largest IPO, of US carmaker GM, was completed today with the shares climbing to a nifty premium when trading began in New York this afternoon.
Rolet believes the rebound in IPOs (twice as many this half than a year ago) is not just good for the LSE but also for the economy. He says the stream of small and medium-sized companies that have raised money on AIM will create jobs. As banks refuse to lend, companies are increasingly turning to equity to raise funds.
Rolet also argues that, with shares now at a 17-year low relative to bonds ("which are hardly yielding anything"), pension funds and insurance companies will have to return as buyers of the equity market before long.
I hope for all our sakes he's right on both counts.
