The Startup Stock Exchange (SSX) was created by co-founders Ian Haet and Brian Niessen in 2011 to connect promising start-up companies directly with international investors. There is no minimum investment required and investors have 24/7 access to their trading accounts through an online brokerage system, permitting complete freedom over the buying and selling of shares. When shares are sold on the exchange, SSX takes a 1.5 percent commission on each trade.
For start-ups, the platform provides the opportunity to raise capital with all the benefits of crowdfunding but without the security risks and public exposure, and with considerably lower costs than other methods. When a start-up applies to be listed on SSX, it is put through a rigorous due diligence vetting procedure and, as a publicly listed company, issues regular reports to investors. From application to eventual registration on
SSX the fee for a start-up is fixed at $5,525, regardless of the amount of capital they plan to raise; they retain complete control over the capital after funding is raised. Companies from all business sectors can apply.
A support network of global advisors provides SSX with up-to-date information on local markets and the exchange’s board of experts offers continuous oversight and mentoring for companies. SSX operates through the Dutch Caribbean Securities Exchange (DCSX) in Curaçao. The DCSX is an international exchange for the listing and trading of domestic and international securities, similar to the NYSE or London Exchange. Curaçao is a constituent of the Kingdom of the Netherlands and abides by Dutch and European laws.
Since opening, the exchange has attracted investors from over 100 different countries and has three companies publicly trading: Aurantium Capital Ltd., a portfolio of 14 Latin American startup companies managed by Cygnus Capital; iRocket B.V., an investment vehicle for Rocket.la, a Latin American personal financial management website; and ColInnovation Investments SAS, a portfolio of Columbian startups.
Ian Haet, Co-Founder and CEO of the Startup Stock Exchange, responded to questions from The Worldfolio about this unique new bourse, the vetting process for companies which want to be listed on SSX and the expectations for its growth.
The Startup Stock Exchange (SSX) was created by co-founders Ian Haet and Brian Niessen in 2011 to connect promising start-up companies directly with international investors. There is no minimum investment required and investors have 24/7 access to their trading accounts through an online brokerage system, permitting complete freedom over the buying and selling of shares. When shares are sold on the exchange, SSX takes a 1.5 percent commission on each trade.
For start-ups, the platform provides the opportunity to raise capital with all the benefits of crowdfunding but without the security risks and public exposure, and with considerably lower costs than other methods. When a start-up applies to be listed on SSX, it is put through a rigorous due diligence vetting procedure and, as a publicly listed company, issues regular reports to investors. From application to eventual registration on
SSX the fee for a start-up is fixed at $5,525, regardless of the amount of capital they plan to raise; they retain complete control over the capital after funding is raised. Companies from all business sectors can apply.
A support network of global advisors provides SSX with up-to-date information on local markets and the exchange’s board of experts offers continuous oversight and mentoring for companies. SSX operates through the Dutch Caribbean Securities Exchange (DCSX) in Curaçao. The DCSX is an international exchange for the listing and trading of domestic and international securities, similar to the NYSE or London Exchange. Curaçao is a constituent of the Kingdom of the Netherlands and abides by Dutch and European laws.
Since opening, the exchange has attracted investors from over 100 different countries and has three companies publicly trading: Aurantium Capital Ltd., a portfolio of 14 Latin American startup companies managed by Cygnus Capital; iRocket B.V., an investment vehicle for Rocket.la, a Latin American personal financial management website; and ColInnovation Investments SAS, a portfolio of Columbian startups.
Ian Haet, Co-Founder and CEO of the Startup Stock Exchange, responded to questions from The Worldfolio about this unique new bourse, the vetting process for companies which want to be listed on SSX and the expectations for its growth.
Minister Mitogo Mitogo Ada tells us about the agriculture sector’s potential, its importance for EG’s development into an emerging country and the opportunities that exist within it
Minister Mitogo Mitogo Ada tells us about the agriculture sector’s potential, its importance for EG’s development into an emerging country and the opportunities that exist within it
Tiny Mauritius could soon be home to the first truly pan African stock exchange. Leveraging the island’s reputation for investor protection, the creators of the African Stock Exchange (AFSX) hope to provide a venue for trading the continent’s blue-chip stocks and government bonds — one that will attract regional and foreign investors alike.
Tiny Mauritius could soon be home to the first truly pan African stock exchange. Leveraging the island’s reputation for investor protection, the creators of the African Stock Exchange (AFSX) hope to provide a venue for trading the continent’s blue-chip stocks and government bonds — one that will attract regional and foreign investors alike.
World Report spoke to Syed Abdull Aziz Jailani bin Syed Kechik, CEO of OCBC Al-Amin, to discuss the current standing of Islamic banking in Malaysia and the rapid growth of Al-Amin.
World Report spoke to Syed Abdull Aziz Jailani bin Syed Kechik, CEO of OCBC Al-Amin, to discuss the current standing of Islamic banking in Malaysia and the rapid growth of Al-Amin.
As Dr. Atiur Rahman is honored by invitation to speak at the spring meetings of the IMF and World Bank, United World looks at how the finance sector has worked with the Governor to ensure inclusive growth. As the only Central Bank Governor speaking at the meetings, we look at the Bangladesh financial sector from the perspective of the top management of 13 key financial institutions in Bangladesh. From international and state owned, to commercial; there is one thing that they all agree upon – inclusive growth within the financial sector is reducing poverty and driving economic growth at over 6% per year. Over the next week, United World will feature a different financial institution on each day, with the following a summary of selected quotes from each exclusive interview.
As Dr. Atiur Rahman is honored by invitation to speak at the spring meetings of the IMF and World Bank, United World looks at how the finance sector has worked with the Governor to ensure inclusive growth. As the only Central Bank Governor speaking at the meetings, we look at the Bangladesh financial sector from the perspective of the top management of 13 key financial institutions in Bangladesh. From international and state owned, to commercial; there is one thing that they all agree upon – inclusive growth within the financial sector is reducing poverty and driving economic growth at over 6% per year. Over the next week, United World will feature a different financial institution on each day, with the following a summary of selected quotes from each exclusive interview.
David Wright, a featured speaker at this year’s World Exchange Congress, had a long and distinguished career in the European Commission before taking up his current post as Secretary General of IOSCO in 2012. As the EC’s Deputy Director General for securities and financial markets, he helped design the plans to integrate the European Union's capital and financial services markets, he was later a member of the EC's Task Force on Greece. Today, as head of the organization which groups securities regulators in more than 100 countries, he has a privileged view of the issues facing financial markets and investors worldside. David Wright spoke to The Worldfolio about some of them: the rise of off-exchange trading; cyber crime; investor education; and the erosion of faith in financial markets that has come with the current crisis.
David Wright, a featured speaker at this year’s World Exchange Congress, had a long and distinguished career in the European Commission before taking up his current post as Secretary General of IOSCO in 2012. As the EC’s Deputy Director General for securities and financial markets, he helped design the plans to integrate the European Union's capital and financial services markets, he was later a member of the EC's Task Force on Greece. Today, as head of the organization which groups securities regulators in more than 100 countries, he has a privileged view of the issues facing financial markets and investors worldside. David Wright spoke to The Worldfolio about some of them: the rise of off-exchange trading; cyber crime; investor education; and the erosion of faith in financial markets that has come with the current crisis.
Turkey aims to use its term as G20 President to forge consensus on tackling the Syrian and Ukrainian conflicts, Defence Minister Ismet Yilmaz has told The Worldfolio.
Turkey aims to use its term as G20 President to forge consensus on tackling the Syrian and Ukrainian conflicts, Defence Minister Ismet Yilmaz has told The Worldfolio.
The stock exchanges in four of Latin America’s most dynamic and open economies – Mexico, Colombia, Peru and Chile – have joined forces to integrate securities trading. The project still faces technical obstacles, but holds the potential to become one of the region’s major trading venues – particularly with the addition of Mexico as its newest partner.
The stock exchanges in four of Latin America’s most dynamic and open economies – Mexico, Colombia, Peru and Chile – have joined forces to integrate securities trading. The project still faces technical obstacles, but holds the potential to become one of the region’s major trading venues – particularly with the addition of Mexico as its newest partner.
Turkey’s G20 Presidency has placed great emphasis this year on contributions from feed-in groups such as L20, B20, C20 and T20, the latter of which is composed of think tanks. This year’s T20 Chairman is internationally respected economist Güven Sak, who is also the director of economic think tank TEPAV. Mr Sak says that T20 is happy to assume the challenge laid down by Deputy Prime Minister Ali Babacan, who tasked the group with contributing significantly to every item of the G20 agenda, whilst identifying future problems for the global economy “from 10,000 metres above”. (additional comments by Selim Koru of TEPAV)
Turkey’s G20 Presidency has placed great emphasis this year on contributions from feed-in groups such as L20, B20, C20 and T20, the latter of which is composed of think tanks. This year’s T20 Chairman is internationally respected economist Güven Sak, who is also the director of economic think tank TEPAV. Mr Sak says that T20 is happy to assume the challenge laid down by Deputy Prime Minister Ali Babacan, who tasked the group with contributing significantly to every item of the G20 agenda, whilst identifying future problems for the global economy “from 10,000 metres above”. (additional comments by Selim Koru of TEPAV)
United World sits down with the Governor of the Central Bank of Bangladesh, Dr. Atiur Rahman, to discuss his inclusive growth policies, technology and Bangladesh’s future development.
United World sits down with the Governor of the Central Bank of Bangladesh, Dr. Atiur Rahman, to discuss his inclusive growth policies, technology and Bangladesh’s future development.
