Business View Caribbean | April 2019

40 BUSINESS VIEW CARIBBEAN APRIL 2019 investor education for wealth creation. Included in that will be several programs designed for young persons to meet with our listed companies and our brokers to understand how the market works, as well as a series of ‘outreach at the workplace’ visits for a better understanding. We also have a 5 km Charity Run, and our 50th Anniversary Limited Edition Publication which was published in January.” BVC: How have operations evolved during your tenure? Street Forrest: “Over the years, we have expanded our services to the market. At the time I came, we started doing electronic trading and settlement. We now have the Jamaica Stock Exchange and its subsidiary, the Jamaica Central Securities Depository Limited, along with its subsidiary called the JCSD Trustee Services. To ensure we offer full services to our investors and member dealers, we expanded the JCSD to offer registrar services and, based on the subsidy, trustee services. “We have created several different markets to meet the needs of our customers. There is the JSE main market, and in 2009, we created the JSE junior market; followed by the JSE bond market and the US Dollar equities market. All are operating nicely and we have added securities to those markets as we go along. In technology, we have instituted an online trading platform to ensure we reach the global markets. We also launched a mobile app for android and iPhones and made our website very interactive. Over the last eight years, we implemented our eCampus, designed to educate broker members and anyone who wants to invest in the capital markets. As the name suggests, it is electronic with some amount of blended learning and face-to-face. “Also in 2008, we moved from a mutual company to a demutualized Exchange. It separated our regulatory division from the commercial division, with independent board members forming the Regulatory Market Oversight Committee. Its decisions on regulations are final and binding on

RkJQdWJsaXNoZXIy MTI5MjAx