Published On: Fri, Nov 23rd, 2012

Curaçao-based DCSX Acquires ‘Correspondent Status’ at WFE

WILLEMSTAD – The Dutch Caribbean Securities Exchange (DCSX) acquired the ‘correspondent status’ with the World Federation of Exchanges (WFE). This was decided during a meeting of the WFE on October 14.

The Dutch Caribbean Securities Exchange (DCSX) is an international Exchange for the listing and trading in domestic- and international securities.

It provides a timesaving and cost-efficient facility for international and local corporations and investment funds, furnishing a high quality alternative to the regional exchanges in other jurisdictions of the Caribbean.

The WFE is an international trade association with 59 affiliated exchange and options markets; all significant economic actors in the countries concerned.

A market must comply with several criterions to become a member. The ‘correspondent status’, like the DCSX has now, is not a membership yet, but an important step that will have a positive effect on the DCXS in attracting new quotes and new members’, said CEO of DCSX, Luis Santine.

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