Channel Islands Stock Exchange
Encyclopedia
The Channel Islands Stock Exchange (CISX) is a stock exchange
Stock exchange
A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...

 operating in St. Peter Port, Guernsey
Guernsey
Guernsey, officially the Bailiwick of Guernsey is a British Crown dependency in the English Channel off the coast of Normandy.The Bailiwick, as a governing entity, embraces not only all 10 parishes on the Island of Guernsey, but also the islands of Herm, Jethou, Burhou, and Lihou and their islet...

. It was founded as a company limited both by guarantee and by shares. The aim of CISX is to be the premier offshore stock exchange in the European time zone and the exchange of choice for the listing of investment funds, debt instruments and the shares of companies.

CISX was established in October 1998. Since than, it has experienced rapid growth. It is an integral part of the infrastructure upon which the top tier finance centre of Guernsey relies and offers a service and structure unique in the European time zone.

It provides listing facility and screen-based trading for local and international trading companies, investment companies - both open- and closed-ended funds - specialist debt securities and Channel Islands depository receipts (CIDRS). These include specialist securities, including Eurobond
Eurobond
A Eurobond is an international bond that is denominated in a currency not native to the country where it is issued. It can be categorised according to the currency in which it is issued. London is one of the centers of the Eurobond market, but Eurobonds may be traded throughout the world - for...

s, Structured Debt, Warrants and SPVs
Special purpose entity
A special purpose entity is a legal entity created to fulfill narrow, specific or temporary objectives...

; and investment funds.

Some of the strengths of CISX are competitive pricing, responsive and approachable market authority that meets daily to consider applications for listings, international standards of issuer regulation, enhanced marketability and added value service, and premier location.
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