Cayman Islands > Stock Exchange

Stock Exchange

30th March, 2011

The Cayman Islands Stock Exchange (CSX) was established in 1997 and by July 2001 reported that it had surpassed 400 listed issues with a market capital in excess of US$36 billion. The CSX provides a listing facility for all types of securities particularly mutual funds and specialist debt securities such as CDOs and CBOs.

In 1999 the CSX received recognition from the London Stock Exchange and in early June 2001 became the first offshore exchange to join the Intermarket Surveillance Group (ISG). The ISG was formed in 1983 by the major US securities exchanges as a self regulatory organization committed to confidential market information sharing and for regulatory purposes.

In early spring 2001, Euroclear agreed to allow CSX listed funds to participate in FundSettle. FundSettle is an internet based platform launched in November 2000 specifically designed for high volume cross-border fund transactions. It is available at no cost to the fund and provides a centralized point of communication between distributors, fund managers and transfer agents.

Listing requirements and take over rules are based on United Kingdom rules.

Stuarts is a listing agent for the Cayman Stock Exchange.