Name | |
Country | Fiji |
Number of listed companies | 20 |
Domestic market capitalization | 1,612 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 | Commencing in 2024, SPX and IFC have partnered to deliver a number of trainings/workshops to members of the corporate sector in Fiji to introduce ESG and best practices including the implementation of ESG codes and standards. This includes facilitating a training of trainers program to empower corporates and training organizations to build capacity on ESG in Fiji. More information here: https://www.ifc.org/en/pressroom/2024/ifc-and-the-spx-launch-esg-program-in-fiji-to-boost-sustainable-growth-spur-investment |
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 | Not listed. Was incepted as a Private Company hence demutualization not applicable.Ownership and Group Structure SPX is a private entity owned by eight shareholders, including licensed stock brokerage firms and institutional investors. It has two fully owned subsidiaries: Central Share Registry Pte Limited (CSRL): Fijis first central registry, offering registry and corporate action services to listed and unlisted companies. SPX Trustees Limited (SPXT): Licensed trustee for corporate bond issuances under the Companies (Wholesale Corporate Bonds) Regulations 2021. |
Regulatory bodies | Reserve Bank of Fiji |
Regulatory model | Limited exchange SRO |
About the stock exchange | The South Pacific Stock Exchange (SPX) is Fijis sole licensed securities exchange, operating under the Companies Act 2015 and regulated by the Reserve Bank of Fiji. SPX Headquarters is located in Suva, Fiji. As a key pillar of Fijis financial sector, SPX facilitates capital formation by providing a transparent and efficient platform for primary market issuances and secondary market trading of securities. With its future in focus, SPX is strategically positioning itself as a dynamic, modern, and inclusive exchange that enables businesses to raise long-term capital and investors to access wealth-building opportunities. The Exchange also serves as a critical institution in Fijis national development agenda, fostering financial inclusion and supporting private sector growth. SPX is guided by the vision "To be the preferred securities exchange in the South Pacific," with a mission focused on promoting the exchange as a credible platform for capital raising and investment, adopting international best practices in market integrity and investor protection, expanding product offerings and digital infrastructure, and supporting financial inclusion and climate resilience. Its 20232025 Strategic Plan outlines key priorities including increasing listings and product diversity, enhancing investor and broker competencies, diversifying revenue and deepening market liquidity, and driving regional integration and digital transformation. |