Gibraltar’s stock exchange, GibEX, is set to launch in May, backed by a major European bourse and supported by significant capital and expertise from a major market-maker. While trading in cash products like stocks, funds, and currencies will commence with the exchange’s opening, derivatives, futures, and options trading will follow in the third or fourth quarters. The Gibraltar government has taken a small shareholding in the £2.6 million project, aligning the Rock with other successful smaller jurisdictions in Europe, such as Jersey, Malta, and Cyprus. Partnerships with firms like Van der Moolen NY (VDM), one of the top three derivatives specialists on Euronext, bring extensive expertise to the project.
Read the article: Gibraltar’s new stock exchange
(Article first published in Gibraltar International, 2007.)
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