Cyprus Stock Exchange

Cyprus Stock Exchange
Χρηματιστήριο Αξιών Κύπρου
Kıbrıs Menkul Kıymetler Borsası
Type Stock Exchange
Location Nicosia, Cyprus
Founded 1996
Currency EUR
Website www.cse.com.cy

The Cyprus Stock Exchange or CSE (Greek: Χρηματιστήριο Αξιών Κύπρου or ΧΑΚ, Turkish: Kıbrıs Menkul Kıymetler Borsası or KMKB) is a European stock exchange located in Cyprus.[1] The exchange has normal trading sessions from 10:00am to 05:00pm Eastern European Time, on all week days except Saturdays, Sundays and holidays declared by the exchange in advance.[2]

History

CSE was established under the Cyprus Securities and Stock Exchange Law which provides for the development of the securities market in Cyprus and for the establishment and operation of the Cyprus Stock Exchange. It was passed by the House of Representatives in April 1993. CSE commenced its operations on the 29th of March 1996. In 2006, it launched a common platform with the Athens Stock Exchange. [3]

Diversification Strategy

The Cyprus Stock Exchange (CSE) allows private or public companies to list their bonds on the Emerging Companies Market (ECM) and for public companies to list their shares on the ECM. In both cases (listing of shares or bonds) the CSE will also provide the ISIN code and have the prices beamed through Bloomberg and Reuters terminals as both are official financial data vendors.[4][5][6]

Monitoring

CySEC is responsible for the supervision and control of all CSE operations, the transactions carried out, its listed companies, brokers and brokerage firms.

See also

External links

References

  1. ↑ Bloomberg: Cyprus Stock Exchange General Index CYSMMAPA:IND
  2. ↑ Market Hours, Cyprus Stock Exchange via Wikinvest
  3. ↑ "Cyprus bourse launches common platform with Athens". Cyprus Mail. October 31, 2006. Archived from the original on 2007-09-30. Retrieved 2007-06-24.
  4. ↑ "Bond listings on Emerging Companies Market of Cyprus Stock Exchange - from Financial Mirror". Financialmirror.com. 10-11-2011. Retrieved 2012-06-27. Check date values in: |date= (help)
  5. ↑ "Cyprus Stock Exchange lists bonds on Emerging Companies Market - from World Exchanges". World-exchanges.org. 10-04-2012. Retrieved 2012-06-27. Check date values in: |date= (help)
  6. ↑ "Cyprus Stock Exchange is ideal for listing shares, bonds - from Eurivex". Eurivex.com. 10-04-2011. Retrieved 2012-06-29. Check date values in: |date= (help)
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