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- Responsible
for the financial instruments listed on the LFX.
- Either
an entity or individual Licenced by the Exchange
to carry out its functions and responsibilities.
- Listing
Sponsors can be institutions such as Investment
Houses, Investment/Merchant Banks, Fund Managers,
Trust Companies, Accounting Firms and Investment/Corporate
Lawyers, both international and local institutions.
- The
roles and responsibilities of a Listing Sponsor
are:
- Packaging
of financial instruments for listing subject
to LFX's listing criteria
- Underwriting
and placement of the financial instruments
listed
- Undertake
the tasks of an Issuing House
- Post-listing
obligations
Requirements
:
| Minimum
Net Asset |
US$2,000,000.00 |
| Professional
Indemnity Insurance |
US$5,000,000.00 |
Licensing
Fees :
| Application
Fee (non refundable) |
US$1,000.00 |
| Initial
Fee |
US$10,000.00 |
| Annual
Fee |
US$5,000.00 |
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