Bermuda Stock Exchange
National bourse of Bermuda
From Wikipedia, the free encyclopedia
The Bermuda Stock Exchange (BSX), established in 1971,[2] is located in Hamilton, Bermuda.
| BSX | |
| |
| Type | Stock exchange |
|---|---|
| Location | Hamilton, Bermuda |
| Coordinates | 32.293°N 64.782°W |
| Founded | 1971 |
| Key people |
|
| Currency | US-Dollar |
| Website | www |
In 2019, a controlling interest in the BSX was acquired by Miami International Holdings, Inc.[3]
The stock exchange's 2010 'Year End Review' report stated that its aggregate market capitalisation (excluding mutual funds) stood at US$319 billion.[4]
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,[5] 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.[6] of the International Organization for Standardization (ISO)[7] is: XBDA.[8]
History
In 2019, Miami International Holdings acquired a majority stake in BSX.[citation needed]
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% |
