Exchanges
We cover all types of exchange-equity, fixed income,
derivatives, futures and commodities. ISC has helped to
establish more exchanges than any other consulting firm.
Our services include advising on:
- Structure, ownership, governance, organisation,
capacity building, risk management.
- Modes of regulation including “self regulation”.
- Procedures relating to all aspects of operations and
regulation.
- Risk based supervision for self regulated organisations.
- Product and service diversification.
- Privatisation and demutualisation.
- Internationalisation, regionalisation, establishing new
exchanges, rationalising existing exchanges,
integration of exchanges and related institutions.
- Rules/bylaws/regulations: relationships with listed
companies and brokers (members, or those with the
right to trade), trading, clearing, settlement, listing,
discipline, appeals, all matters relating to risk
management.
- IT systems: trading, settlement, clearing, surveillance,
MIS, information dissemination; hardware, software,
preparation of requests for proposals, evaluations of
proposals, contract negotiations, testing specifications,
testing, implementation assistance and quality
assurance.
- Intermediaries: licensing standards, risk management,
codes of conduct, compliance, back office systems.
- Listed companies: listing standards, compliance,
corporate governance, “second” or “growth” boards,
cross border listings.