Name | The Bermuda Stock Exchange (BSX) |
Country | United Kingdom of Great Britain and Northern Ireland |
Number of listed companies | 1,154 |
Domestic market capitalization | 2,870 million US$ |
SSE Partner Exchange | Yes |
Has annual sustainability report | No |
ESG reporting required as a listing rule | No |
Has written guidance on ESG reporting | No |
Offers ESG related training | No |
Market covered by sustainability-related index | No |
Has sustainability bond listing segment | No |
Has SME listing platform | No |
Women on boards mandatory minimum rule | No |
Additional information | |
Organizational model of stock exchange |
|
Regulatory bodies | |
Regulatory model |
|
About the stock exchange | Established in 1971, the Bermuda Stock Exchange (BSX) is today the worlds preeminent fully-electronic, offshore securities exchange, offering a variety of domestic and international listing options. A full member of the World Federation of Exchanges, and affiliate member of the International Organization of Securities Commissions the BSX is globally recognised and renowned and respected for its commercially sensible listing requirements. With over 700 listings to date the Exchange is a leading market for the listing of investment funds, debt and insurance related securities, as well as those of small to medium enterprise companies. The Exchanges significant growth over the past several years is due in large part to its innovative and commercial approach. For instance, the BSX is able to offer listed issuers speed to market, with many listings taking as little as two weeks to complete. Another example of the BSXs pioneering approach is the Mezzanine Listing facility, which provides development stage companies with a unique opportunity to list, and subsequently raise capital on an internationally recognized exchange at a much earlier stage than a traditional IPO. Furthermore, the BSXs electronic trading, settlement and depository platform, licensed by NASDAQ OMX, is specifically designed to support the secondary market trading and settlement of sophisticated listed securities. The platform, based on a central limit order book model, is fully automated and allows for the trading of both equity and fixed income securities in a modern and secure environment. All listed securities are supported through Bloomberg (BSX ) and the BSX web site www.bsx.com carries details on all listed securities, providing important information supporting transparency and disclosure, with a view to encouraging liquidity and inspiring investor confidence. When considering the Exchange, location should also not be overlooked. Bermuda, positioned one hour ahead of New York and four hours behind London, has earned a reputation as a world-class centre for commerce, with both a sound regulatory and legal environment (English Common Law), stable government and unsurpassed access to intellectual capital. Working closely with Government, the Bermuda Monetary Authority (BMA) and the newly formed Bermuda Business Development Agency (BBDA) the BSX ensures that Bermudas stellar reputation is constantly enhanced through collaboration, innovation and growth. |