The European Wholesale Securities Market (EWSM) is an EU regulated market for wholesale debt securities that lists corporate and structured bonds with minimum denominations of €100,000 EWSM is a company limited by shares and incorporated in Malta. The company is a joint venture between the Irish Stock Exchange plc (80% shareholder) which is the market promoter and provides primary market infrastructure and other corporate services and the Malta Stock Exchange plc (20% shareholder) which is the market operator and provides secondary market services. The Board has 3 non-executive directors. The Malta Financial Services Authority approves the appointment of all directors.

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