The London Stock Exchange expects a healthier pipeline of initial public offerings next year, with its secondary market for small and mid-size companies--called the AIM market--playing a more important role in job creation and sustaining the recovery of the UK economy, LSE chief executive Xavier Rolet said.

"Our pipeline has been healthy now. We can't forecast what's going to happen in the Euro Zone or whether there will be war in Korea. But putting that aside, in an environment where markets are increasingly normalised, we expect a healthy and very vibrant pipeline," Rolet told Dow Jones Newswires in an interview.