Malta Stock Exchange

Coordinates: 35°53′42″N 14°30′42″E / 35.89500°N 14.51167°E / 35.89500; 14.51167

Malta Stock Exchange
Borża ta' Malta
Type Stock exchange
Location Valletta, Malta
Coordinates 35°53′42″N 14°30′42″E / 35.89500°N 14.51167°E / 35.89500; 14.51167
Founded January 8, 1992 (1992-01-08)
Currency EUR
Market cap €11 billion
Volume €940 million (2014)
Website www.borzamalta.com.mt

The Malta Stock Exchange (Maltese: Borża ta' Malta), is the stock exchange of the island nation of Malta. Since being set up in 1992, almost €4 billion worth of capital has been raised on the market for the private sector through the issue of corporate bonds and equity while a further €15 billion worth of Government of Malta Paper in the form of stocks and Treasury Bills have been issued and fully taken up.

The investor base is over 75,000 individual investors, which is a significant number given Malta’s economic size (GDP €6,756 million in 2012) and population (417,617 in 2012). The focus of the Malta Stock Exchange is mostly domestic. It has also invested in technology.

History

Emblem of the Malta Stock Exchange

The exchange was established with the enactment of the Malta Stock Exchange Act in 1990, and commenced its trading operations on 8 January 1992.[1] The Central Bank of Malta was appointed as the supervisor of the Exchange.[2]

In 1999, the Exchange moved into the former Garrison Chapel building in Castille Square, Valletta. It had been built in 1857 on the designs of T. M. Ellis, and was used as a multi-denominational place of worship until 1950. The former church was then used for entertainment purposes, as a post office and as a naval school, before it was taken over by the Exchange. It has been known since then as the Exchange Building or The Borsa.[3] The building is located close to the Office of the Prime Minister at Auberge de Castille and the Upper Barrakka Gardens.[4][5]

In 2013, the Exchange achieved Designated Offshore Securities Market status by the U.S. Securities and Exchange Commission complementing the HM Revenue and Customs recognition that had been obtained from the UK authorities in 2005.

Services

Garrison Church, now Stock Exchange, as seen from the back

The Malta Stock Exchange offers the following services:

The Malta Stock Exchange is Malta's national numbering agency, issuing ISINs in respect of all securities issued in Malta.

Membership

The MSE is a member of:

References

Wikimedia Commons has media related to Malta Stock Exchange.
  1. ↑ "About the MSE". Malta Stock Exchange. Archived from the original on 24 September 2014.
  2. ↑ "The History of the Central Bank of Malta". Central Bank of Malta. Archived from the original on 12 July 2014.
  3. ↑ Mahoney, Leonardo (1996). 5,000 years of Architecture in Malta. Malta: Valletta Publishing. Format. p. 284. ISBN 9990958157. ISBN 9789990958157.
  4. ↑ "The Malta Stock Exchange Garrison Chapel Building". Malta Stock Exchange. Archived from the original on 26 August 2014.
  5. ↑ http://www.talhandaqnostalgia.org/memoirs/history.htm

External links

This article is issued from Wikipedia - version of the Thursday, May 05, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.