Gibraltar Stock Exchange
Encyclopedia
The Gibraltar Stock Exchange (GibeEX) is the only stock exchange
in Gibraltar
. It was established in 2006, and was to begin full operations in 2007. This is the second time there has been a planned stock exchange in Gibraltar; during the 1990s, a market was planned but was not backed with government support, as they wanted low cost housing to be incorporated into the building. The new stock exchange will have the technical assistance of the Vienna Stock Exchange, and will be an important exchange for companies wanting to benefit from the tax incentives in place in Gibraltar.
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...
in Gibraltar
Gibraltar
Gibraltar is a British overseas territory located on the southern end of the Iberian Peninsula at the entrance of the Mediterranean. A peninsula with an area of , it has a northern border with Andalusia, Spain. The Rock of Gibraltar is the major landmark of the region...
. It was established in 2006, and was to begin full operations in 2007. This is the second time there has been a planned stock exchange in Gibraltar; during the 1990s, a market was planned but was not backed with government support, as they wanted low cost housing to be incorporated into the building. The new stock exchange will have the technical assistance of the Vienna Stock Exchange, and will be an important exchange for companies wanting to benefit from the tax incentives in place in Gibraltar.