The CSX is a private limited company owned by the Cayman Islands Government but operating as an independent entity. The CSX was originally set up to provide a listing facility for the specialist products of the Cayman Islands: namely offshore mutual funds and specialist debt securities. More recently, the facility has been expanded to include global depositary receipts, derivative warrants and eurobonds.

The Cayman Islands Stock Exchange (the CSX ) commenced operations in July 1997. Since then, business has been brisk with over 1700 issues approved for listing.