BISXBahamas International Securities Exchange
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The Ministry of Finance said that the transfer of the secondary market to the BISX is a major objective of the Financial Markets Modernization Project, a collaborative effort between the government, the Central Bank of The Bahamas and BISX.
The project's phases include listing BGRS on BISX, launching a Bahamas Government Registered Stock Depository (BGSD), which will facilitate competitive bidding and other industry-specific market improvements as well as transition to a paperless registry, which involves the introduction of digital certificates for Government bonds; and electronic trading.