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New BSX listing sponsor eyes sukuk market – Royal Gazette

New BSX listing sponsor eyes sukuk market Bermudian-based Alexander Securities Limited has joined the Bermuda Stock Exchange as a listing sponsor, and it is seeking to bring new products, such as sukuk listing, to the BSX. Sukuk is a financial certificate similar to a bond, and is designed for institutional investors, such as sovereign wealth funds, big banks, pension funds and those looking for long-term cashflow. “There is a growing demand for these securities to diversify portfolios,” said Belaid Jheengoor, chief executive officer of Alexander Advisory Limited.
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BSX New Listing Sponsor Alexander Securities – Bernews

BSX New Listing Sponsor: Alexander Securities October 24, 2018 | 0 Comments The Bermuda Stock Exchange [BSX] announced that Alexander Securities Limited [ASL] has joined the BSX as a Listing Sponsor, effective 15 October 2018. In making the announcement, Greg Wojciechowski, BSX President & CEO stated, “ASL joins a growing list of companies that have identified a commercial opportunity to provide their client base with an exciting listing venue alternative, through the BSX.
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