The Dutch Caribbean Securities Exchange (“DCSX”) was present at the “Bon Bini for Business Summit 2019” on January 21, 2019.
Our CEO, René Römer, give a presentation during the session “360 degrees Focus on Financing”. He focused on the importance of having an exchange on Curaçao, and what it means for us locally and internationally. The fact that the DCSX is not profit-driven explains the very affordable fees compared to other international exchanges. The exchange is definitely not to be considered a competitor of the banks but rather a collaborator as it is also with other traditional financial institutions and those focused on crowdfunding and the ICO capital raising efforts of nowadays. As a matter of fact, the DCSX confirms it is entertaining the idea and working towards that, of providing a “sister trading platform” for ICO’s. More on that will follow before this summer.
Obtaining financing partly through an exchange that is affordable is an alternative and a “smart way of financing”. Having established this mission of the DCSX Mr. Römer briefly walked the audience thru the question of “So how does it work?” A company that wishes to obtain (additional) financing selects an approved and appointed listing advisor. The selected listing advisor then guides the company through the listing process. The fees of the listing advisor are separate from the fees of the exchange.
Mr. Römer reiterated that it is important for local business owners to always entertain the idea of raising capital thru the exchange because both cost wise but moreover marketing and exposure wise this could bring advantages to the business at hand. Informing about the possibilities and possible advantages does not cost anything after all.