07 July 2010 Greg Wojciechowski, CEO of Bermuda Stock Exchange (BSX), who yesterday held talks with Fouad A. Rahman Rashid, Director of BSE, said that his country would be keen to see the listing of the first Islamic bond of or sukuk later this year.
Greg, on the sidelines of the seminar, said that he was very much impressed with the high-tech Bahrain Stock Exchange backed by strong regulations.
"As a regulator I was impressed to see the worldclass trading atmosphere at the BSE. The idea of having 'visitors' gallery' within the bourse premises is very innovative," he said.
He said that during the meeting both sides discussed the possible areas of cooperation and development between both markets, especially those related to listing mutual funds, asset management funds, and hedge funds.
Bermuda Stock Exchange was established in 1971, and includes 700 issues listed. The market capitalisation of BSX is $200 billion. BSX is a member of the International Organisation of Securities Commissions (IOSCO), the World Federation of Exchanges, and other regional and international federations related to capital markets.
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