The Yangon Stock Exchange ( my, ရန်ကုန်စတော့အိတ်ချိန်း; abbreviated YSX) opened on December 2015, at the former

Central Bank of Myanmar The Central Bank of Myanmar (; ; abbreviated CBM) is the central bank of Myanmar (formerly Burma). Organisation Its headquarter located in Naypyidaw, and it has branches in Yangon and Mandalay. The Governor is Kyaw Kyaw Maung and three Vi ...

and Myawaddy Bank headquarters in

Yangon Yangon ( my, ရန်ကုန်; ; ), formerly spelled as Rangoon, is the capital of the Yangon Region and the largest city of Myanmar (also known as Burma). Yangon served as the capital of Myanmar until 2006, when the military government ...

. On 23 December 2014, two Japanese firms, Daiwa Institute of Research, the research arm of

Daiwa Securities Group is a Japanese investment bank that is the second largest securities brokerage after Nomura Securities. Major subsidiaries include ''Daiwa Securities'', which offers retail services such as online trading to individual investors and investme ...

and

Japan Exchange Group , abbreviated as JPX or Nippon Torihikijo, is a Japanese " financial instruments exchange holding company" subject to the regulations of the Financial Instruments and Exchange Act enforced by the Financial Services Agency. JPX owns three licens ...

, established a joint venture with the state-owned Myanma Economic Bank to establish this stock exchange. The joint venture firm, the Yangon Stock Exchange-Joint Venture Limited will have a working capital of . The

Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agencies of the United States government, independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary pu ...

has selected

Kanbawza Bank Kanbawza Bank ( my, ကမ္ဘောဇဘဏ်; abbreviated as KBZ Bank) is a private commercial bank in Myanmar. The bank was established on 1 July 1994 in Taunggyi, Shan State Shan State ( my, ရှမ်းပြည်နယ်, ; shn, ...

to be YSX' settlement bank.

Building history

The YSX building, located on the corner of Sule Pagoda Road and Merchant Street, formerly housed the

. The neoclassical structure was designed by G Douglas Smart, and opened in 1939, as the Rangon branch of the

Reserve Bank of India The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for ...

, and managed British Burma's financial system, even after its separation from British India in 1937. Following monetary independence from Britain, the building became home to the Union Bank of Burma (ပြည်တောင်စုဘဏ်), and the first

Burmese kyat The kyat (, or ; my, ကျပ် ; ISO 4217 code MMK) is the currency of Myanmar (Burma). The typical notation for the kyat is "K" (singular) and "Ks." (plural), placed before the numerals followed by " /-" The term ''kyat'' derives from th ...

s were issued there in July 1952. It remained the site of Myanmar's central bank until 1993, when it became occupied by the military-owned Myawaddy Bank.

Listed Companies

There are currently 7 companies Listed on the Stock Exchange.

References

{{coord missing, Myanmar Economy of Myanmar Stock exchanges in Asia Economy of Yangon Daiwa Securities Group Japan Exchange Group Stock exchanges in Southeast Asia Buildings and structures in Yangon Buildings and structures completed in 1939

Building history

Listed Companies

See also

References