Yearbook 2020
Cyprus Stock Exchange
About Cyprus Stock Exchange
Established: 1996
Chairman: Mr. Marinos Christodoulides
Acting General Manager: Mr. Nicos Trypatsas
Address: 71-73 Lordou Vironos Avenue, 1096
P.O.BOX 25427, Nicosia 1309 Cyprus
Email: [email protected]
Website: www.cse.com.cy
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About Company
Established: 1996
Chairman: Mr. Marinos Christodoulides
Acting General Manager: Mr. Nicos Trypatsas
Address: 71-73 Lordou Vironos Avenue, 1096
P.O.BOX 25427, Nicosia 1309 Cyprus
Email: [email protected]
Working Hours: 7:30 - 18:00
Website: www.cse.com.cy
- Joined FEAS in 2016 -
Mr. Nicos Trypatsas
Acting General Manager
Year in review
"The Cyprus Stock Exchange (CSE) is a fully recognised Exchange, an efficient and modern institution that is continuously developing according to its strategic plan, by offering new products, services and markets. It has an advanced Legal / Regulatory framework that complies with the EU Directives and internationally aaccepted securities practices, as well as a modern infrastructure. The CSE aims to operate, based on a specific strategic plan, continuously implementing new development programs to improve and expand its markets, products and services. The aim of the CSE initiatives is the gradual overcoming of the significant problem currently facing our stock market, namely the low liquidity. The continuous improvement of the processes, adoption of new technologies, flexible response to the market, ensuring the competitiveness of the CSE, as well as an attractive pricing policy are the main tools used to bring the CSE to a better position to face the various challenges.
The COVID-19 pandemic has sent shock waves through the global economy and forced huge changes to the way individuals, companies and nations live and work. It has been a truly testing period. The Cyprus Stock Exchange market has experienced significant volatility, showing a decrease of 13,46% in the CSE General Index with a reduction to the value of volume with 38% during 2020. In the face of these extreme conditions, CSE markets have remained open. The Listed companies have rapidly been able to gain access to CSE markets to support them during this crisis. The Cyprus Stock Exchange - has worked together
rapidly and constructively with market participants, issuers, brokers, regulators and processional advisers to ensure capital market remained open and resilient. Temporary measures have been put in place, innovative methods have been implemented. A range of temporary measures have been taken to give listed companies extra flexibility while retaining an appropriate degree of investor protection. Some of these actions have been specific and short-term in duration; others will play a long-term part in the development of CSE, well after the pandemic has passed.
FEAS Talks with Mr Trypatsas