Difference between revisions of "Bermuda Stock Exchange"

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The Bermuda Stock Exchange (BSX) is a for-profit fully electronic securities market, offering listing and trading for international and domestic companies.  It also trades debt, depository receipts, insurance securitization and derivative warrants.
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The Bermuda Stock Exchange (BSX) is a for-profit fully electronic securities market regulated by the Bermuda Monetary Authority, offering listing and trading for international and domestic companies.  It also trades debt, depository receipts, insurance-linked securities and derivative warrants.
  
The BSX is a member exchange of the [[World Federation of Exchanges]].<ref>{{cite web|url=http://world-exchanges.org/files/statistics/excel/WFE2010AR%20final.pdf|name=2010 Annual Report & Statistics|org=World Federation of Exchanges|date=July 25, 2011}}</ref><ref>{{cite web|url=http://world-exchanges.org/member-exchanges/key-information|name=Members|org=World Federation of Exchanges|date=July 25, 2011}}</ref>
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The BSX is a member exchange of the [[World Federation of Exchanges]]<ref>{{cite web|url=http://world-exchanges.org/files/statistics/excel/WFE2010AR%20final.pdf|name=2010 Annual Report & Statistics|org=World Federation of Exchanges|date=July 25, 2011}}</ref><ref>{{cite web|url=http://world-exchanges.org/member-exchanges/key-information|name=Members|org=World Federation of Exchanges|date=July 25, 2011}}</ref> and an affiliate member of the International Organisation of Securities Commissions.
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It is recognized as a Designated Offshore Securities Market by the US Securities and Exchange Commission and as a Recognised Stock Exchange by UK HM Revenue and Customs.
  
 
== History ==
 
== History ==
  
The exchange was established in 1971, primarily as a domestic equities market and in 1992 the company was restructured into a demutalised, for -profit entity.<ref>{{cite web|url=http://www.bsx.com/Overview.asp|name=Overview|org=Bermuda Stock Exchange|date=July 25, 2011}}</ref>
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The exchange was established in 1971, primarily as a domestic equities market, and in 1992 the company was restructured into a demutualised, for-profit entity.<ref>{{cite web|url=http://www.bsx.com/Overview.asp|name=Overview|org=Bermuda Stock Exchange|date=July 25, 2011}}</ref>
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In late 2019 Miami International Holdings acquired a controlling interest in the Bermuda Stock Exchange.<ref>{{cite web|url=http://mobile.royalgazette.com/bermuda-stock-exchange/article/20191106/us-firm-acquires-controlling-interest-in-bsx&template=mobileart|name=US firm acquires controlling interest in BSX|org=The Royal Gazette|date=November 7, 2019}}</ref>
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MIH cited Bermuda’s recently passed Digital Asset Business Act, 2018 (“DABA”), along with the Bermuda Government’s commitment to fintech regulation and its established re/insurance market, as making Bermuda attractive to them as an investment.
  
 
== Products ==
 
== Products ==

Latest revision as of 13:24, 7 November 2019

Bermuda Stock Exchange
BSXlogo.gif
Founded 1971
Headquarters Bermuda
Key People David Brown, Chairman; Greg Wojciechowski, President & CEO
Products Equities
Website http://www.bsx.com/


The Bermuda Stock Exchange (BSX) is a for-profit fully electronic securities market regulated by the Bermuda Monetary Authority, offering listing and trading for international and domestic companies. It also trades debt, depository receipts, insurance-linked securities and derivative warrants.

The BSX is a member exchange of the World Federation of Exchanges[1][2] and an affiliate member of the International Organisation of Securities Commissions.

It is recognized as a Designated Offshore Securities Market by the US Securities and Exchange Commission and as a Recognised Stock Exchange by UK HM Revenue and Customs.

History

The exchange was established in 1971, primarily as a domestic equities market, and in 1992 the company was restructured into a demutualised, for-profit entity.[3]

In late 2019 Miami International Holdings acquired a controlling interest in the Bermuda Stock Exchange.[4]

MIH cited Bermuda’s recently passed Digital Asset Business Act, 2018 (“DABA”), along with the Bermuda Government’s commitment to fintech regulation and its established re/insurance market, as making Bermuda attractive to them as an investment.

Products

  • Collective Investment Vehicles (Funds)
  • Derivative Warrants
  • Domestic Main Board Companies
  • Domestic Small Cap Companies
  • Fixed Income
  • International Companies/Secondary listings
  • Insurance Linked Securities and Programmes
  • International Companies & Mezzanine Market

Key People

References

  1. 2010 Annual Report & Statistics. World Federation of Exchanges.
  2. Members. World Federation of Exchanges.
  3. Overview. Bermuda Stock Exchange.
  4. US firm acquires controlling interest in BSX. The Royal Gazette.