European Wholesale Securities Market (EWSM)
European Wholesale Securities Market (EWSM)è il nuovo mercato regolamentato europeo per gli emittenti di prodotti di debito e dedicato agli operatori istituzionali.
EWSM è stato voluto e realizzato in joint venture dallo Irish Stock Exchange (ISE) e dal Malta Stock Exchange (MSE), per rispondere alle esigenze e promuovere le opportunità di scambio nel mondo istituzionale del debito.
Su EWSM vengono quotati:
- Asset Backed Securities
- Strumenti di debito (comprese le obbligazioni convertibii)
The EWSM is a 'regulated market' as defined in Article 4(1), point 14, of MiFID. The EWSM is authorised and regulated by the MFSA and has established:
- Admission Requirements and Disclosure Standards which apply to issuers with, and seeking to have, their securities admitted to trading on the EWSM;
- Code of Conduct for members and Bye-Laws for the EWSM which apply to member firms and trading on EWSM.
EWSM, a partnership between Irish and Malta Stock Exchanges is recognised as one of the leading stock exchanges in the world for debt security listings and continuously adapts to the ever-changing debt markets. EWSM has built a strong reputation as an approachable, responsive and adaptable exchange.
Valuable Marketing Tool
A listing on the ESWM facilitates the sale and distribution of securities to investors who are otherwise precluded from investing in unlisted securities, whether for regulatory or other reasons eg institutional investors, pension funds, …
One of the primary reasons debt issuers seek to list on the EWSM is to avail of the tax benefits provided to debt securities that are listed on an EU recognised stock exchange.