About - Financial Securities Exchange (Pvt) Ltd (FINSEC)

About FINSEC

Financial Securities Exchange (Private) Limited (FINSEC) is licensed by the Securities and Exchange Commission of Zimbabwe as a Securities Exchange (Alternative Trading Platform). FINSEC harnesses and facilitates electronic trading of a wide variety of securities, thereby formalising marginalised market segments and bringing all alternative trading activities on to a central and organised market place. FINSEC provides a world class electronic platform for the issuance, holding, trading and settlement of financial securities. The exchange is fully automated and integrates all market participants in real time via a robust and state-of-the-art web based technology. The market participants include securities dealers, custodians, asset managers, issuers, settlement banks, market makers, transfer secretaries and regulators.

Why FINSEC?

FINSEC provides a world-class electronic platform for the issuance, holding, trading, and settlement of financial securities, enabling secure, transparent, efficient, and accessible capital market transactions for investors, issuers, and market participants.

Efficiency

FINSEC operates on simplified and market friendly rules that guarantee efficiency and security.

Flexibility

We offers flexibility to list all or part of the Issuer’s securities or only a particular class(es) of securities

Innovation

FINSEC provides the opportunity, technology and a market for modern financial instruments that have hitherto been excluded from Zimbabwe’s capital markets.

Self-Contained

FINSEC operates a unique self-contained trading, depository and settlement technology infrastructure providing for seamless end-to-end processes for tailor-made securities.

Who We Serve

Whether you have a team of 2 or 200, our shared team inboxes keep everyone on the same page and in the loop.

Issuers
Eligible entities can bring their currently issued securities onto the Alternative Trading Platform for ease of trading and market based price discovery. Equally, qualifying issuers can raise capital by issuing securities on the Primary Market.
Investors
Individuals, corporates, trusts and other groups such as SACCOs; Cooperatives etc. are eligible to participate on the platform.
Participants
All market operators licensed by the Securities and Exchange Commission of Zimbabwe are eligible to become participants. Subject to the relevant business rules, the following are the eligible participants on the ATP:
1. Securities Dealers
2. Custodians
3. Transfer Secretaries
4. Asset Managers
5. Settlement Banks