CISX LISTING SERVICES
Praxis Fund Services Limited (PFSL) and Praxis Property Fund Services Limited (PPFS) are Category 2 Listing Members of the Channel Islands Stock Exchange (CISX) and specialise in sponsoring applications for the listing of investment funds.
Established in October 1998, the CISX offers listing facilities for investment funds, debt instruments, and the primary or secondary listing of securities of domestic Channel Islands companies as well as those incorporated in other approved jurisdictions. Since inception over three thousand securities have been approved by the Market Authority and admitted to the official list.
The success of the CISX is largely due to its widespread recognition by international bodies such as the UK Financial Services Authority, UK Inland Revenue, US Securities and Exchange Commission, International Organisation of Securities Commissions, International Capital Markets Services Association and Australian Stock Exchange.
A listing on the CISX offers an issuer enhanced marketablility, increased public awareness and investor interest.
As Category 2 Sponsors, PFSL and PPFS have demonstrated to the satisfaction of the CISX that we have sufficient experience and expertise in the administration and/or listing of investment funds to fulfill the role of a sponsor.
We are able to assist with all aspects of obtaining a listing on the CISX including;
- Confirming to the CISX that it has satisfied itself as to compliance with the relevant requirements of the Listing Rules,
- Communicating and dealing with the CISX on all matters arising in connection with the application for listing and the continuing obligations of the issuer,
- Preparing and lodging with the CISX a formal application for listing together with all supporting documentation,
and
- Seeking the approval of the CISX for the listing prospectus or other disclosure document.
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