Bahamas International Securities Exchange

What Bahamas International Securities Exchange does

Bahamas International Securities Exchange Limited (BISX) is a privately held securities exchange operator headquartered in Nassau, The Bahamas, founded in 1999. It functions as the sole regulated venue for listing and trading equities, government securities, mutual funds, and secondary offerings in The Bahamas, operating under a dual regulatory framework — its own published trading rules plus the Securities Industry Act enforced by the Securities Commission of The Bahamas.

The core product is the BISX Trading Platform, an electronic trading system with a visible order book in which all buy and sell orders are viewable by all participants, enabling transparent execution during defined market hours (Market Open GMT-4). The exchange lists approximately two dozen securities (including tickers such as FIN, FAM, BOB, BFH, APD) and a small set of mutual funds, and distributes real-time market data via its Price Sheet and Index Information products. A supplementary content layer — BISX Channel (video), BISX News, and BISX Editorial — supports investor education and engagement, and quarterly statistical reports provide market transparency.

BISX monetizes primarily through transaction fees on trades executed over the trading system and through listing and member-related fees. Distribution is executed via a closed network of five licensed broker dealers — Leno Corporate Services, CFAL Securities, RF Bank & Trust, Coralisle Pension Services, and Benchmark Advisors — who act as intermediaries for investors. The exchange serves four primary customer segments: listed companies seeking capital formation and liquidity, government securities investors, mutual fund investors, and secondary-offering investors. As of early July 2026, the All Share Index stood at 3,224.27 with listed market capitalization of approximately BSD 7.12 billion and trading volumes in the tens of thousands of shares per session.

Name

Bahamas International Securities Exchange

Legal name

Bahamas International Securities Exchange Limited

Website

https://BISXBAHAMAS.COM

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

Bahamas International Securities Exchange Limited is the sole regulated securities exchange in The Bahamas, operating an electronic trading platform that lists and trades equities, government securities, mutual funds, and secondary offerings through a network of five licensed broker dealers under dual regulatory oversight.

Ownership category

akta.pro rank

Headquarters

HQ city

Nassau

HQ country

Bahamas

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Others, Marketing or Sales

Revenue model

1. Exchange Trading Fees: Revenue generated from transaction fees on trades executed over the BISX trading system. Trades are carried out in compliance with the Exchange's published trading rules.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

BISX operates an electronic securities exchange platform in The Bahamas that facilitates the listing and trading of stocks, government securities, mutual funds, and secondary offerings. Trades are executed through a network of licensed broker dealers using the exchange's electronic trading system with a visible order book that displays all orders to market participants. The exchange also publishes market data through its Price Sheet and All Share Index products and is regulated under both its own trading rules and the Securities Industry Act enforced by the Securities Commission of The Bahamas.

Product overview

Bahamas International Securities Exchange (BISX) operates a single unified securities trading platform that facilitates the listing and trading of stocks, government securities, mutual funds, and secondary offerings. The exchange provides market data services through its Price Sheet and Index Information products, while BISX Channel delivers educational video content to support investor engagement. The platform is regulated under the Securities Industry Act and enforced by the Securities Commission of The Bahamas.

Differentiator

Problem solved

Functional benefit

Products and services

• BISX Trading Platform Electronic securities exchange platform enabling trading of listed stocks, government securities, and mutual funds with real-time price quotes, market data, and a visible order book that allows all buyers and sellers to view orders placed on the Exchange.
• Listed Equities Listing and trading service for companies officially listed and actively traded on the Bahamas International Securities Exchange, covering issuers such as banks, insurance, and financial services firms.
• Bahamas Government Registered Stock Listing service for Bahamas Government Registered Stock, providing investors access to government-backed securities offering stability and security through trading on the exchange.
• Mutual Fund Listings Listing service for investment funds regulated in The Bahamas, providing investors access to diversified, professionally managed investment strategies through funds listed on the exchange.
• Secondary Offerings Listing service for additional shares issued by already-listed companies, expanding participation opportunities in company growth offerings through the exchange.
• Index Information and Price Sheet Market data services publishing the All Share Index and Price Sheet, providing real-time and historical security pricing, index levels, and market capitalization data to investors and participants.
• Oportunidad Global Fund Ltd. SAC – Class F Shares Mutual fund offering listed on BISX with Class F Shares, providing investors access to a professionally managed global investment strategy.
• LATAM Green Fund Ltd. – Class A Shares Green/sustainable mutual fund listed on BISX with Class A Shares, providing investors access to ESG-focused investment opportunities.

Named customers25 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core.

• Leno Corporate Services LimitedcoreChannel Partner/ Reseller/ DistributorLicensed broker dealer that executes trades on the BISX exchange on behalf of investors, providing access to the Bahamian securities market.
• CFAL Securities LtdcoreChannel Partner/ Reseller/ DistributorLicensed broker dealer executing trades on the BISX exchange, facilitating investor participation in listed securities.
• RF Bank & Trust LimitedcoreChannel Partner/ Reseller/ DistributorLicensed broker dealer providing trading services on BISX, enabling clients to access the exchange's listed securities.
• Coralisle Pension Services (Bahamas) LimitedcoreChannel Partner/ Reseller/ DistributorLicensed broker dealer executing trades on BISX, specializing in pension-related investment services.
• Benchmark Advisors (Bahamas) LimitedcoreChannel Partner/ Reseller/ DistributorLicensed broker dealer providing trading services on the BISX exchange for investors.
• Securities Commission of the BahamascoreOthersGovernment regulator that enforces the Securities Industry Act on BISX-listed companies, providing regulatory oversight and investor protection.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• London Stock Exchange Group: Global exchange operator with main market, AIM, and international listings business. Comparable as a large incumbent seeking international fund and issuer listings that could overlap with BISX's potential pipeline.
• Intercontinental Exchange (NYSE owner): Operator of the New York Stock Exchange and multiple global exchanges and clearing houses. Relevant broader incumbent exchange operator competing for cross-border listings.
• Nasdaq, Inc. Global exchange operator running electronic equity trading venues and listing services. Comparable as a broader incumbent exchange operator that BISX-issued securities could potentially seek as an alternative venue.

Direct peers

• Bermuda Stock Exchange: Offshore financial center exchange with similar focus on international listings (investment funds, insurance-linked securities). Comparable operating model with an emphasis on cross-border issuers and regulated trading.
• Trinidad and Tobago Stock Exchange: Caribbean national securities exchange operating an electronic trading platform for equities and fixed income. Highly comparable as a small-population regional exchange with broker-dealer intermediation and a similar issuer base.
• Jamaica Stock Exchange: National securities exchange operating in a similar Caribbean small-island economy. Comparable as a regulated stock exchange operator serving domestic issuers with electronic order-driven trading, listing equities, debt, and funds.
• Cayman Islands Stock Exchange: Offshore Caribbean exchange focused on listing debt securities, funds, and structured products. Comparable regulatory and listing-revenue model, though typically larger by capital markets activity.
• Eastern Caribbean Securities Exchange: Regional securities exchange serving multiple Caribbean economies via a centralized trading platform. Comparable in scale and structure as a small-population regional exchange with electronic trading.
• Barbados Stock Exchange: Small Caribbean national exchange listing equities and securities with electronic trading. Directly comparable in scale, regulatory structure, and Caribbean regional focus.

Regional players

• OTC Markets Group: US operator of regulated alternative trading systems for smaller-cap and international securities. Comparable as a venue catering to issuers seeking less stringent listing requirements, though primarily serving the US market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/bisxexchange
• LinkedInlinkedin.com/company/bahamas-international-securities-exchange-limited

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bahamas International Securities Exchange