Gibraltar to launch stock exchange

GIBRALTAR’S first stock exchange is ready to launch once approved by the Rock’s financial regulator.

Firms will be invited to register as members on the Gibraltar Stock Exchange (GSX) from the start of November.

The GSX has also garnered ‘keen interest’ from Europe, Asia and the United States after officials spent 18 months marketing the launch.

Companies will not float on the exchange during the ‘soft launch’ but there will be a full opening in the first quarter of 2015.