Striving for Critical Mass

Striving for Critical Mass


Two competing initiatives are underway to try and bring critical mass to Caribbean securities markets. After many years of talking, proponents say a link up will soon become a reality. The first trade on a platform that combines the securities exchanges of Barbados, Trinidad and Tobago and Jamaica could happen this year. The so-called Caribbean Exchange Network (CXN) is in the final stages of development and was this summer waiting for a final round of talks with the regulators before getting the green light. "We are not just talking. What we promise is what we will deliver," Marlene Street-Forrest, general manager at the Jamaica Stock Exchange (JSE), tells LatinFinance. "D-Day will depend

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