Keeping its competitive edge

The Cayman Islands Stock Exchange was set up in 1997 merely as a listing facility for specialist products, mutual funds and debt securities. Since then, it has expanded to list derivative warrants, depository receipts and eurobonds. The exchange is looking forward to continued success.

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Just past its 10-year anniversary, the Cayman Islands Stock Exchange (CSX) is not resting on its laurels. Valia Theodoraki, CEO, and Gerry Halischuk, head of markets and compliance, both admit the exchange has some challenges to face with the combination of a global recession and a reduction in the number of hedge funds being launched.

Despite this, both are optimistic about the CSX’s ability to continue to grow and attract new fund listings.

Although a revision of listing rules has not yet been

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