FINSEC is an agile securities exchange that was born out of a need to provide seamless issuance, trading and settlement of a wide array of financial instruments, most of which have remained isolated from the capital markets. Our platform allows issuers to raise capital in an efficient, transparent and cost effective way, while investors benefit from multiple and convenient delivery channels that are anchored on cutting edge technology that is unmatched. Registered by the Securities Exchange (Alternative Trading Platform) in terms of section 30 of the Securities & Exchange Act [Chapter 24:25], as read with the Securities (Alternative Trading Platform) Rules, S.I. 100 of 2016, FINSEC provides and maintains a marketplace and facilities for bringing together buyers and sellers of various financial securities. Our principal modus operandi is providing a trading platform that does not set rules for participants or discipline or seek to control them other than by excluding them from trading. FINSEC is focused on pushing the boundaries in capital market developments by providing alternative means of raising capital to companies including start-ups, Growth Enterprises, government institutions, municipalities and corporates. Our delivery channels include everyday simple and user friendly gadgets such as mobile phones, mobile wallets and online and mobile platforms such as USSD and SMS that enable investors to buy and sell securities from the comfort of their homes or offices. This is in line with our financial inclusion drive which is meant to demystify the notion that securities trading is complicated and meant for the elite. The exchange operates four trading boards namely Equities Board, Fixed Income Board, Mutual Funds and Alternatives Board. The Equities Board is available for the listing of various classes of equities. The Equities Board is further divided into Main Equities Segment for high cap issuers and the SME Segment for Small to Medium Enterprises. The segmentation of the FINSEC Equities Board is meant to broaden and deepen the Zimbabwean capital market by introducing solutions tailor made for the needs of various classes of corporate entities of the economy. The Fixed Income Board is available for the listing of bonds and other fixed income securities. The system allows automated issuance, trading and price calculation of fixed income instruments. Admissable instruments range from debentures, medium term notes through to municipal and corporate bonds. The Mutual Funds & Alternatives Board is for other complex financial instruments such as mutual funds, Exchange Traded Funds ( ETFs), Unit Trusts and other Derivatives. The admission of mutual funds and alternatives on FINSEC provides investors with access to an enhanced transparent, efficient and orderly secondary market trading. Equally, investors and issuers benefit from greater visibility and increased liquidity. There are various avenues for potential issuers to join the FINSEC official list. One such way is listing by introduction (LBI) which allows a company to apply for listing without the conduct of an initial public offering (IPO) prior to the initial listing of the company's securities on the trading board of FINSEC. It applies to an application for listing of securities that are already issued or securities that will be issued upon listing, where no public offering will be undertaken. The other way is by initial public offer (IPO), which is a method generally used by new, medium and large firms that are looking for funds to grow and expand their businesses. The technology that FINSEC uses automates the entire IPO processes in a way that ensures efficiency, transparency and accountability. FINSEC takes pride in being one of the first exchanges in the world to offer mobile IPO of a corporate bond. Among other benefits, FINSEC provides a regulated market place with standard rules and a central settlement infrastructure operated by licensed custodians who will independently hold cash and securities ahead of each trade to facilitate uncompromised delivery and payment. The FINSEC platform connects all licensed securities dealers in Zimbabwe who will be able to collect and post sell and purchase orders on an open board thereby allowing for automated real-time multilateral price discovery in the trading of securities. At FINSEC, we understand the dynamics of the ever changing capital market industry hence we are continuously developing our systems and products to meet these dynamics. In fact, there are very exciting projects for both the Capital Markets and Financial Institutions (FIs) that FINSEC is working on, as it further makes its mark in Zimbabwe's capital market. We will be making announcements of these innovations soon. To enjoy all these benefits, kindly visit the FINSEC website and download the FINSEC Issuer Admission Rules. The FINSEC listing rules are by design, simple and straightforward and are continually reviewed and updated to ensure they remain relevant and appropriate to the various classes of securities that can list and trade on our trading boards. The Financial Securities Exchange (FINSEC) is a member of the Escrow Group which has interests in the financial services and technology sectors. Corpserve Registrars and Escrow Systems are the other members of the group. For more information contact: 2 nd Floor ZB Centre, Cnr Kwame Nkrumah and 1 st Street Harare, Zimbabwe Tel: +263 4 758193 Email: info@finsec .co.zw www.finsec.co.zw Twitter: @FINSECZim