Bermuda Stock Exchange
Encyclopedia
A breakdown of the securities listed on the BSX is given below:
| 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 Cap Companies | 4 | 0.5% |
| Fixed Income | 10 | 1.2% |
| International Company or Secondary Listing | 34 | 4.2% |
| Insurance Linked Security or Program | 17 | 2.1% |
| International Company and Mezzanine | 11 | 1.4% |
| TOTALS | 808 | 100% |
The exchange specializes in listing and trading of capital market instruments such as stock
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...
s, bonds
Bond (finance)
In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest to use and/or to repay the principal at a later date, termed maturity...
, mutual fund
Mutual fund
A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities.- Overview :...
(including hedge fund
Hedge fund
A hedge fund is a private pool of capital actively managed by an investment adviser. Hedge funds are only open for investment to a limited number of accredited or qualified investors who meet criteria set by regulators. These investors can be institutions, such as pension funds, university...
structures) and depository receipt programs.
The BSX has been granted approved stock exchange status under Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
’s Foreign Investment Fund taxation rules and effective September 1, 2005 was granted designated investment exchange status by the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
’s Financial Services Authority
Financial Services Authority
The Financial Services Authority is a quasi-judicial body responsible for the regulation of the financial services industry in the United Kingdom. Its board is appointed by the Treasury and the organisation is structured as a company limited by guarantee and owned by the UK government. Its main...
.