News & Press
Read the latest news and press from The International Stock Exchange.
The Channel Islands Securities Exchange (CISE) has seen further growth in new business and been named as the leading offshore stock exchange by a trade publication. There were 104 new listings on the CISE during the first quarter of the year, which was a rise of 13% on the same period last year. The market capitalisation of all listings on the Exchange grew by 3% during the first three months of the year to reach £367 billion at the end of March.
This article was published in Acquisition International, Offshore Excellence Awards 2016 where the CISE was name Best Independent Stock Exchange.
Fiona Le Poidevin provides an insight into the exchange and the latest exciting developments.
Verras Professional Services Limited has been approved as a Listings Member of the Channel Islands Securities Exchange (CISE). Verras Professional Services Limited holds a Category 1 and Category 2 membership of the CISE, enabling the firm to arrange and sponsor the listing of investment funds and debt securities on the CISE. Through its group affiliations, the firm is also able to arrange legal, fiduciary and marketing services for Channel Islands-based and international clients.
More than 400 securities were listed on the Channel Islands Securities Exchange (CISE) in 2015. Investment funds, Real Estate Investment Trusts (REITs) and convertible bonds were among the 423 securities which listed on the CISE last year. That represents an 8% increase in the number of securities listed compared to the previous year, taking the total number of listings to 2,173.
Fiona Le Poidevin, CEO of the Channel Islands Securities Exchange (CISE), has been named in The Citywealth 2015 IFC Power Women Top 200. Running for the third consecutive year, the list honours 200 of the most powerful women in government, private wealth, private client advisory, education and philanthropy across the International Financial Centres.
This article was published in IFC Economic Report, Winter 2015/16. Wealth managers continue to be the subject of more regulation which is proving to be an increasingly costly and bureaucratic nightmare. However, there is good news in that this burden can be reduced by utilising listed products, including those on the Channel Islands Securities Exchange (CISE).
New rules have been introduced which allow Special Purpose Acquisition Companies (SPACs) to be listed on the Channel Islands Securities Exchange (CISE). A SPAC is a cash shell which is used to raise money for a very specific investment objective.
Mourant Ozannes has acted on behalf of China Cinda Finance (2014) II Limited in its ground-breaking listing on the Channel Islands Securities Exchange (CISE). It is the first time that the CISE has listed an issuer with an ultimate parent company which is domiciled in China. China Cinda Asset Management Co. Ltd, the issuer's ultimate parent, was incorporated in Beijing, China in 1999 and listed on the Hong Kong Stock Exchange (HKEx) in 2013.