Bermuda Stock Exchange (BSX)

Established in 1971, the Bermuda Stock Exchange (BSX) is the world's largest offshore, fully electronic securities market providing a wide range of listing and trading opportunities for international and domestic issuers of equity, debt, depository receipts, insurance securitization and derivative warrants.

Trading on the BSX is executed through the customized trading system known as BEST (Bermuda Electronic Securities Trading), a fully automated system based on a central limit order book which allows Trading Members to trade both equity and fixed income securities on an equal, real-time 'first come, first served' basis.

The US Securities Exchange Commission recognizes the BSX as a 'Designated Offshore Securities Exchange' (DOSM); and the UK Financial Services Authority (FSA) recognizes the Exchange as a 'Designated Investment Exchange'. Additionally, it has been granted Approved Stock Exchange status under Australia's Foreign Investment Fund (FIF) taxation rules.

The BSX is a full member of the World Federation of Exchanges (WFE) and an affiliate member of IOSCO.

* Next: Bahamas International Securities Exchange

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