The Bourse is the place where investors buy and sell equity or debt securities issued by companies, the state and local authorities. This market role ensures the liquidity of securities held by investors. This liquidity allows issuers to raise funds to finance their growth through the use of the public. As such, the Bourse is one of the sources of financing for the economy.

Mission:

The management of the Tunisian securities market by:

• - The admission of new securities to the stock exchange listing;
• - The organization of exchanges and the listing of securities in the best conditions of equality, security and transparency;
• - Dissemination of stock exchange information;
• - The promotion and development of the stock market.

Ambitions: 

• - Be the driving force behind a profound change in financial attitudes to put stock savings in the habits of savers and anchor stock market financing in the managerial culture of Tunisian companies;
• - To constitute an essential element in the financial economy of Tunisia;
• - To be the way of ambition of the Tunisian companies allowing them to conceive bigger and realize faster to shorten the time of their development and their internationalization;
• - Participate in the broadest dissemination of a culture of transparency and good governance;
• - Participate in the regional spread of Tunisia.

Positioning: 

The Bourse is located in the heart of the financial market where:

• - Intermediation companies subject to approval have a monopoly on the trading of securities on the stock exchange;
• - The Financial Market Council (CMF), the market supervisory authority, ensures the protection of investors and the proper functioning of the stock exchange markets.
• - The Tunisian Inter-Professional Society for the Compensation and Deposit of Securities (Tunisie Clearing) ensures the settlement of cash and the delivery of securities;
• - The Market Guarantee Fund (FGM) intervenes between intermediaries on the stock exchange to ensure the smooth completion of transactions;
• - The Guarantee Fund (FGC) is intended to cover investors against non-commercial risks.

Stock market : 

1. - The Quotation is reserved for the trading of securities that meet the admission requirements set out in the stock exchange regulations. It includes the following markets: 
2. - The Main Market is aimed at large performing companies;
3. - The Alternative Walk is for small and medium-sized companies with promising prospects;
4. - The Bond Market is reserved for the trading of debt securities; 
5. - The Market of the Common Debt Funds.
2. - Le Hors Cote is open to securities of public limited companies not listed on the Stock Exchange.
3. - Transactions of public limited companies not subject to public offerings are subject to a formality of registration on the stock exchange.

The advantages of the Exchange: 

Investors and investors:

• - Liquid investments that are profitable over the long term;
• - Continuous assessment of heritage;
• - An exemption from the tax on dividends;
• - An exemption from tax on capital gains realized on the condition of a minimum holding of the securities;
• - Tax relief for holders of an Equity Savings Account (CEA);
• - The status of shareholder and co-owner of renowned companies.

To companies:

• - Capital raising directly from investors, at a lower cost;
• - Reinforcement of brand awareness and image;
• - Tax deduction for the five years following the IPO;
• - Sustainability through facilitation of transmission.