The Suriname Stock Exchange (SSX) is the
stock exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for th ...
of
Suriname
Suriname (; srn, Sranankondre or ), officially the Republic of Suriname ( nl, Republiek Suriname , srn, Ripolik fu Sranan), is a country on the northeastern Atlantic coast of South America. It is bordered by the Atlantic Ocean to the north ...
. It is being organized by an association called the Vereniging voor de Effectenhandel in Suriname (VvES), and it was founded on 1 January 1994.
[Dagblad Suriname]
Vereniging voor Effectenhandel in Suriname herdenkt 25-jarig bestaan
13 January 2019
The trade in stocks does not happen on a daily base, but twice a month on the first and third Thursday. In 2014 the
National Assembly
In politics, a national assembly is either a unicameral legislature, the lower house of a bicameral legislature, or both houses of a bicameral legislature together. In the English language it generally means "an assembly composed of the repre ...
adopted the Law Capital Market (''Wet Kapitaalmarkt''), in line with a demand of the
Caribbean Financial Action Task Force The Caribbean Financial Action Task Force (CFATF) is an organization of states and territories of the Caribbean Basin that have agreed to implement common counter-measures against money laundering. CFATF has associate status within the Financial Ac ...
. In 2019 the VvES and the Surinamese American financial technological company OuroX signed a memorandum of understanding to found a digital stock exchange, in accordance to obligations that are provided in the law.
[United News]
De eerste stap naar de moderne digitale effectenbeurs voor Suriname
29 April 2019 According to the law the stock exchange should have been suborderd to the
Central Bank of Suriname
The Central Bank of Suriname ( nl, Centrale Bank van Suriname) is Suriname’s highest monetary authority and the country’s governing body in monetary and economic affairs.
The Central Bank’s tasks were legislated in the Bank Act of 1956. Lik ...
. Both are not yet realized (as per 2023).
[Dagblad Suriname]
Effectenbeurs moet binnen twee jaar onder Centrale Bank vallen
12 December 2014 [Starnieuws]
Uitgifte Centrale Bank Certificaten deze maand
5 juni 2023
Some notable moments out of the history of the stock exchange are the subscription to US$55 million stocks of
Staatsolie Suriname NV in 2010, the move from
Buiten-Sociëteit Het Park
Buiten-Sociëteit Het Park is a park and former Club (organization), club located on Onafhankelijkheidsplein in Paramaribo, Suriname. On 1 August 1996, the building which housed the National Assembly (Suriname), National Assembly of Suriname burne ...
to the trainingcenter of Assuria in 2011 and the launch of the website in the same year.
Listed
* Assuria NV
* NV Consolidated Industries Corporation (CIC)
*
De Surinaamsche Bank NV
* NV Elgawa
* Hakrinbank NV
* NV Surinaamse Assurantie Maatschappij Self Reliance
*
Staatsolie Suriname NV
*
Surinaamse Brouwerij NV
* NV Hotelmaatschappij Torarica
* Varossieau Suriname NV
* NV Verenigde Surinaamse Holdingmij (VSH)
* NV VSH Foods (formerly Margarine- en Vettenfabriek NV, since 2000 part of VSH
See also
*
List of companies of Suriname
*
Economy of Suriname
The economy of Suriname was largely dependent upon the exports of aluminium oxide and small amounts of aluminium produced from bauxite mined in the country. However, after the departure of Alcoa, the economy depended on the exports of crude oil ...
External links
* Bodeutsch, Denice en Philip Hans Franses
The Stock Exchange of Suriname: Returns, Volatility, Correlations and Weak-form Efficiency Erasmus School of Economics / Anton de Kom Universiteit van Suriname, 2014
* SSX
Bulletins{{in lang, nl
References
Stock exchanges in South America
Economy of Suriname
Organisations based in Suriname
1994 establishments in Suriname