The Gibraltar Stock Exchange, or GSX, is due to launch on 1 November and will initially list collective investment schemes which will be invited to become listing members form that date.
In a statement, the GSX said it has already received “keen interest” from a number of applicants.
The full opening, when open-ended funds will be able to list on the exchange, will take place in the first quarter of 2015.
Companies will not float on the exchange during this first phase.
The prospective exchange said it had been marketing its services over the last 18 months in Europe, Asia and the United States and had found demand from both the funds and their investors.
The exchange will give funds greater exposure to investors in the European Union, while the listing process will require the funds to become more transparent, benefitting investors wishing to take advantage of Gibraltar’s strengths, it added.
Its new bourse will be led by Marcus Killick, a former head of the Gibraltar Financial Services Commission and barrister. He has also worked for the Isle of Man Financial Supervision Commission and ran the banking and investments department at the Cayman Island Monetary Authority.
