The Cayman Islands Stock Exchange (CSX) was established in 1997 and is now a first-class listing facility for funds. Having seen continued growth, more than 3,000 issues are approved for listing, a large proportion of which are mutual funds. This makes it one of the fastest growing international stock exchanges.
The CSX's capabilities also extend to the listing of derivative warrants, depository receipts, eurobonds, preferred shares and international equity. The CSX also provides a secondary listing facility and on offshore trading venue in the North American time zone for companies listed and traded on other recognised exchanges.
Publication of all listed issuers' price and other information on the CSX's dedicated Bloomberg facilities, and on www.csx.com.ky, ensures transparency for the investor and guarantees visibility for the issuer at all times. Key credentials of the CSX include:
- In 2004, being granted ‘recognised stock exchange’ status by the UK Inland Revenue in March 2004, greatly enhancing the CSX’s commercial appeal to UK investors.
- In 2003, being admitted as an affiliate member of the International Organisation of Securities Commissions.
- In 2001, being the first (and still only) offshore exchange to become a member of the Intermarket Surveillance Group, a self governing association of exchanges and exchange regulators from around the world committed to information sharing and the enhancement of market surveillance procedures.
- In 1999, becoming the first offshore stock exchange to be registered with the London Stock Exchange.