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Cyprus Stock Exchange
From Wikipedia, the free encyclopedia
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The Cyprus Stock Exchange or CSE (Greek: Χρηματιστήριο Αξιών Κύπρου or ΧΑΚ), is a stock exchange located in Cyprus.[1] It is a public-sector entity under the direct control of the Cypriot government.[2]
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History
CSE was established under the Cyprus Securities and Stock Exchange Law which provides for the development of the securities market in Cyprus and for the establishment and operation of the Cyprus Stock Exchange. It was passed by the House of Representatives in April 1993. Operations began on March 29 1996. In 2006, it launched a common platform with the Athens Stock Exchange.[3] The exchange is a member of the Federation of Euro-Asian Stock Exchanges.
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Operations
The exchange allows private or public companies to list their bonds on the Emerging Companies Market (ECM) and for public companies to list their shares on the ECM. In both cases (listing of shares or bonds) the exchange will also provide the ISIN code and have the prices beamed through Bloomberg and Reuters terminals as both are official financial data vendors.[4][5][6]
The CSE operates its own central securities depository.
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Supervision
The Cyprus Securities and Exchange Commission (CySEC) is responsible for the supervision and control of all CSE operations, the transactions carried out, its listed companies, brokers and brokerage firms.
See also
References
External links
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