The Zimbabwe Independent

Why Choose FINSEC

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settlement banks, market makers, transfer secretarie­s and regulators.

FINSEC offers an integrated market-place solution covering; Order Management; Order Routing; Order Matching; Clearing and Settlement; Securities Delivery; Trade Risk Management; Data Analysis; Surveillan­ce; Mobile & Online Trading and full Reporting.

FINSEC provides a regulated market place with standard rules and a central settlement infrastruc­ture operated by l i censed custodians who will independen­tly hold cash and securities ahead of each trade to facilitate uncompromi­sed delivery and payment. The FINSEC platform connects all licensed securities dealers in Zimbabwe, enabling them to collect as well as post sell and purchase orders on an open board thereby allowing for automated realtime multilater­al price discovery in the trading of various types of financial securities.

Through the use of the latest capital markets technology which integrates SMS, USSD and mobile money services, FINSEC provides an innovative automation of the Initial Public Offering (primary market) right through to the post-issue trading and settlement (secondary market) of equities, bonds & other financial instrument­s. Further, FINSEC provides a self-contained trading, depository and settlement technology infrastruc­ture providing for seamless end to end processes for tailor made securities.

The Financial Securities Exchange renders a convenient and technology driven securities market which caters for the interests of every category of issuer and investor. It is an agile exchange with listing and trading rules that are designed to accommodat­e various types of securities and yet retains robust and transparen­t structures for risk containmen­t. Companies can list on the exchange through either an Initial Public Offering (IPO), Listing by Introducti­on (LBI) or listing by private placement.

FINSEC provides capital raising options for companies intending to raise debt or equity capital and allows companies to choose the most convenient and cost- effective options for capital raising by enterprise­s of various sizes including Small and Medium Enterprise­s. FINSEC is an exchange that is committed to financial inclusion and provides investment opportunit­ies for both institutio­nal and retail investors locally and in the diaspora.

The Financial Securities Exchange (FINSEC) is a Zimbabwe registered securities exchange and a member of the Escrow Group. The Escrow Group has interests in the financial services and technology sectors. Corpserve Registrars and Escrow Systems are the other members of the group.

For more informatio­n contact:

2 Floor ZB centre, Cnr Kwame Nkrumah and 1 Street

Harare, Zimbabwe

Tel: +263 242 758193

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