The story
The Exchange was established in 1979 as the Suva Stock Exchange, owned by the Fiji Development Bank. In 1993 the ownership was broadened to allow eight other financial institutions to take part.
The market began as a "trading post" where orders were telephoned in and remained until matched. In 1996 it changed to its present form as a "call market" described above.
In 2000 it changed its name to the South Pacific Stock Exchange, with a view to becoming a regional exchange.
In 2019, the Exchange focused on improving its visibility and a rebranding exercise to be in-line with international counterparts. This included:
1. Office Relocation -
In March 2019, the SPX Group relocated to Sabrina Building in Victoria Parade with a view to strengthen its visibility amongst ordinary Fijians and promote its mission to increase the attractiveness of the SPX as the preferred investment and capital raising venue. The relocation also gave SPX an option to install a stock ticker display screen which is a common sight at buildings which house stock exchanges globally.
2. Rebranding from SPSE to SPX -
The rebranding exercise including the launch of a new logo was part of the progressive development being undertaken at SPX and has been a proud moment for the institution itself with 2019 being the 40th year of operations for the SPX. The rebranded acronym “SPX” promotes itself as a fresh, innovative and progressive identification for the SPX operations and is aligned to international standards used by exchanges globally to depict their name. The colour combinations depicted in the rebranded SPX logo reflect the deep blue Pacific Ocean with blends of green to symbolise growth and richness.
From Wikipedia’s article on South Pacific Stock Exchange, shared under CC BY-SA 4.0.3