The Bahamas International Securities Exchange Limited (BISX) was incorporated in September 1999. In May 2000 BISX successfully launched its domestic market for the listing and trading of local public companies.
Currently, there are twenty domestic public companies listed on BISX. In addition, BISX trades, preferred shares, corporate bonds and bonds of the Government of the Commonwealth of The Bahamas.
BISX also features a rapidly growing Mutual Fund Listing facility that includes both domestic and international Mutual Funds. This listing facility is targeted at meeting the needs of investors, who may require the extra visibility afforded by a listing on an established regulated securities exchange as a basis for their choice of investment vehicle.
BISX is formally Registered with the Securities Commission of The Bahamas as a “Marketplace” pursuant to the Securities Industry Act, 2011. As a Securities Exchange, BISX is vested with the authority and responsibility to regulate its Members and Listed Companies in accordance with BISX Rules. The BISX Rules operate to ensure fairness and transparency for all market participants.
The organizational structure has been designed to ensure that BISX has both a commercial and a regulatory focus. BISX was incorporated as a private company and is owned by 45 dedicated shareholders comprised of stockbrokers, banks, investment companies, pension funds, mutual fund administrators, corporations, and individuals.