Trading in quities in the Bahamas began in the 1980s with an informal over the counter market. Following the establishment of the Securities Industry Act, the Bahamas International Securities Exchange Limited (BISX) was incorporated in September 1999. In May 2000, the BISX successfully launched its domestic market for the listing and trading of local public companies.
In addition to trading equities on domestic public companies, the BISX trades, preferred shares, corporate bonds and Government bonds for the Commonwealth of The Bahamas.
The BISX also features a rapidly growing mutual fund listing facility that includes both domestic and international mutual funds. This listing facility is targeted at meeting the needs of investors, who may require the extra visibility afforded by a listing on an established regulated securities exchange as a basis for their choice of investment vehicle.