Cayman Stock Exchange

The Cayman Stock Exchange happens to be a Stock Market that is based in Grand Cayman in the Cayman Islands. It set forth its function in the month of July of 1997. Cayman Stock Exchange is now completely under the possession of the government of the Cayman Islands. The Cayman Stock Exchange gained its recognition as an approved organization from the London Stock Exchange in July in the year of 1999. it was the first offshore exchange to have become so.

The Chairman of the Cayman Stock Exchange is Anthony Travers who happens to be the former senior partner at Maples and Calder. The Stock Exchange of Cayman, located in Elizabethan Square in George Town owns a completely electronic trading platform. This electronic platform was developed under the partnership with Bloomberg L. P. The Cayman Stock Exchange lists more than one thousand stocks, warrants, Eurobonds receipts of global depository.

The original purpose of establishing the Stock Exchange in Cayman was to supply a listing facility for the specialist debts and the mutual funds in the Islands of Cayman.



The capacity of Cayman Stock Exchange has now proceeded to extend to sophisticated vehicles as well as structures that includes the listing of derivative warrants, Eurobonds, depository receipts, international equity and preferred shares. Cayman Stock Exchange has now become one of the Major Stock Markets of the World, having a listing count of 1400 and a market capitalization amounting to 123 billion dollars.

Cayman Stock Exchange reached the break-even status two years earlier than it was planned to have reached. This achievement boosted the Cayman Stock Exchange to become a remarkable contributor to the finances of the government. Cayman Stock Exchange is the first and only offshore exchange that became a member of the International Surveillance Group in the year of 2001.