Bermuda Stock Exchange

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The Bermuda Stock Exchange (BSX), established in 1971,[1] is located in Hamilton, Bermuda. The stock exchange's 2010 'Year End Review' report stated that its aggregate market capitalisation (excluding mutual funds) stood at US$319 billion.[2]

The exchange specialises in listing and trading of capital market instruments such as stocks, bonds, mutual fund (including hedge fund structures) and depository receipt programs.

The BSX has been granted approved stock exchange status under Australia's Foreign Investment Fund taxation rules,[3] and, effective 1 September 2005 was granted designated investment exchange status by the United Kingdom's Financial Services Authority. The unique four symbol alphanumeric Market Identifier Code (MIC) used to identify the BSX as defined under ISO 10383.[4] of the International Organization for Standardization (ISO)[5] is: XBDA.[6]

History

In 2019, Miami International Holdings acquired a majority stake in BSX.

Securities

The securities listed on the BSX are:

Asset class Number of securities Percentage of total listings
Collective investment vehicles 322 39.9%
Derivative warrants 399 49.4%
Domestic main board companies 11 1.4%
Domestic small capitalisation companies 4 0.5%
Fixed income 10 1.2%
International company or secondary listing 34 4.2%
Insurance linked security or programme 17 2.1%
International company and mezzanine 11 1.4%
Totals 808 100%

See also

References

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  4. ISO 10383
  5. International Organization for Standardization (ISO)
  6. codes, ISO 15022

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External links

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