Jamaica Stock Exchange Limited

10 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 11 JAMAICA STOCK EXCHANGE These inflationary effects impact every market, not only in Jamaica. Nevertheless, our surveys indicate business and consumer confidence are up as markets rebound post-pandemic. Confidence is especially crucial because it propels businesses to want to come to the market to raise capital, which has the knock-on effect of attracting investors interested in getting back into the market. We are optimistic these effects will trigger more activity in the market because investors holding positions is not the best position for markets. We want to see a conversion of holding positions to active market participation, which will buoy the Jamaica Stock Exchange. Business View Magazine: It’s impressive to see how resilient the JSE is despite these inflationary pressures. At this point, can you highlight some of the key partners you work with that ensure the smooth running of the stock exchange? Dr. Marlene Street-Forrest: One factor behind our resilience is the systems we operate. One of our critical systems is the Nasdaq trading platform and matching engine. We have had the complete support of that company throughout the pandemic. We also have Jamaica’s government working to ensure an economic base to support the JSE. Our recovery in Jamaica has been enviable compared to several regional and global countries. Another critical partner of the JSE is the Financial Services Commission, which ensures continued transparency in the marketplace, underpinning investors’ confidence in investing in the stock market. I’d also like to mention our own regulatory and market oversight division that has kept pace with all the necessary regulations alongside our data privacy and cybersecurity partners, who continue to support the JSE as we look at more ways to utilize technology to drive growth. Most importantly, I’d like to recognize the brokers