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
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.
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’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)
The ‘Green Governor’ has a reputation for innovative thinking and problem solving. He is renowned for his support of the agriculture sector and his focus on SME as well as green banking. As one of the most progressive and well-respected Central Bank Governors in the world, United World discusses Bangladesh’s economic growth outlook and the opportunities and challenges for the banking sector.
The ‘Green Governor’ has a reputation for innovative thinking and problem solving. He is renowned for his support of the agriculture sector and his focus on SME as well as green banking. As one of the most progressive and well-respected Central Bank Governors in the world, United World discusses Bangladesh’s economic growth outlook and the opportunities and challenges for the banking sector.
The upgrade of Qatar from “frontier” to “emerging market” status, and the increase of foreign ownership limits from 25% to 49%, have raised the country’s profile as an investment destination. Rashid El Manoori, CEO of the Qatar Exchange, spoke to Worldfolio about the bourse’s perspectives and its part in developing the Qatari economy.
The upgrade of Qatar from “frontier” to “emerging market” status, and the increase of foreign ownership limits from 25% to 49%, have raised the country’s profile as an investment destination. Rashid El Manoori, CEO of the Qatar Exchange, spoke to Worldfolio about the bourse’s perspectives and its part in developing the Qatari economy.
Yapı Merkezi celebrates its 50th anniversary this year with its position firmly cemented in the internationally recognized ENR list of the world’s top 250 construction firms. Emre Aykar, who has devoted his entire career to the business, explains why Turkish contractors in general, and Yapı Merkezi in particular, are leading the way in helping to tackle the growing global infrastructure gap.
Yapı Merkezi celebrates its 50th anniversary this year with its position firmly cemented in the internationally recognized ENR list of the world’s top 250 construction firms. Emre Aykar, who has devoted his entire career to the business, explains why Turkish contractors in general, and Yapı Merkezi in particular, are leading the way in helping to tackle the growing global infrastructure gap.
Turkey’s Deputy Prime Minister Bülent Arınç is co-founder of the ruling AK Parti and known as one of its ‘wise men’. As he prepares to stand down from Parliament due to restrictions on serving a fourth consecutive term, he discusses the political identity of his party, the forthcoming elections, Turkey’s European credentials, the Kurdish peace process and his own political legacy.
Turkey’s Deputy Prime Minister Bülent Arınç is co-founder of the ruling AK Parti and known as one of its ‘wise men’. As he prepares to stand down from Parliament due to restrictions on serving a fourth consecutive term, he discusses the political identity of his party, the forthcoming elections, Turkey’s European credentials, the Kurdish peace process and his own political legacy.
As Prime Minister Shinzo Abe clearly stated in his address at the Sixty-Eighth Session of the General Assembly of the United Nations on 26 September, 2013, the Government of Japan will cultivate the power of women as the greatest potential for the growth of the Japanese economy, and further strengthen cooperation with the international community as well as assistance to developing countries with the belief that creating "a society in which women shine" will bring vigor to the world.
As Prime Minister Shinzo Abe clearly stated in his address at the Sixty-Eighth Session of the General Assembly of the United Nations on 26 September, 2013, the Government of Japan will cultivate the power of women as the greatest potential for the growth of the Japanese economy, and further strengthen cooperation with the international community as well as assistance to developing countries with the belief that creating "a society in which women shine" will bring vigor to the world.
