Arsenal's parent company, Arsenal Holdings plc, operates as a non-quoted public limited company, whose ownership is considerably different from that of other football clubs. Only 62,217 shares in Arsenal have been issued, and they are not traded on a public exchange such as the FTSE or AIM; instead, they are traded relatively infrequently on the ICAP Securities and Derivatives Exchange, a specialist market. On 10 March 2016, a single share in Arsenal had a mid price of 15,670, which sets the club's market capitalisation value at approximately 975m. Most football clubs aren't listed on an exchange, which makes direct comparisons of their values difficult. Business magazine Forbes valued Arsenal as a whole at $1.3 billion in 2015. Consultants Brand Finance valued the club's brand and intangible assets at $703m in 2015, and consider Arsenal an AAA global brand. Research by the Henley Business School modelled the club's value at 1.118 billion in 2015, the second highest in the Premier League.
Is there an answer to this question (If it cannot be answered, say "unanswerable"): On what exchange are some UK clubs shares traded?
unanswerable