History
The Cyprus Stock Exchange started its operations as a legal entity in the form of a public corporation body on the 29th of March of 1996, by virtue of The Cyprus Stock Exchange Laws and Regulations which had been passed by the House of Representatives in 1993 and 1995 respectively.
The Cyprus Stock Exchange is a regulated Exchange where all transactions concerning corporate and public securities are carried out. Such securities include stocks, bonds and warrants. The main participants in the market are the Members of the Stock Exchange (stock brokerage firms), the listed issuers and the investors.
Objectives
- To protect the investors
- To provide a vehicle for public companies in order to raise the capital required to finance their development plans.
- To promote investment in securities.
- To provide liquidity and "depth" in the capital market in
- To attract foreign investors through the use of the appropriate promotional campaign.
- To create a flexible, competitive and advanced stock exchange, based on robust accountability and transparency concerning transactions.
- To upgrade both the quality and the quantity of the services available to the investors and all those participating in the CSE, through the use of state of the art technology.
- To promote the listing of titles issued by local and foreign companies on the CSE.
- To introduce new financial instruments in the capital market.
The Council
The Council of the CSE was appointed by the Council of Ministers in December 1993 in accordance with the Law, and was initially charged with the responsibility of preparing detailed Regulations which would govern the operation of the CSE.
The Council of the CSE is responsible for the management of the Exchange and for the implementation of its policy. More specifically, the Council supervises the operation of the Exchange and has exclusive authority over the management and administration of its assets, in accordance with the provisions of the Law and the Regulations.
Members of the Council
Akis Kleanthous - Chairman
Renos Christodoulides - Vice-Chairman
Symeon Kassianides - Member
Zenon Pofaides - Member
Eleni Marangou - Member
Alexis Anninos - Member
Andreas Charitou – Member
Contact C.S.E.
Kampou St
Tel: (357) 22 712300
Fax: (357) 22 570308
email: info@cse.com.cy
For further details on the Cyprus Stock Exchange (CSE), please visit the CSE website.
