current success. Likewise, its strong relationships with brokers, listing sponsors, and regulators have allowed it to operate under the highest standards of transparency and integrity. The BSE has already made significant strides by securing recognition from His Majesty’s Revenue and Customs (HMRC) in the UK and is further expanding this recognition to other key markets, such as North America and Europe. This will allow the exchange to attract more international listings and investments while enhancing its global credibility. To support these efforts, the BSE’s leadership has also focused on integrating with other regional exchanges, such as those in Jamaica and Trinidad. This increases liquidity and investor confidence and contributes to a more unified and attractive Caribbean capital market. Continuous technological innovation has also been crucial behind the scenes. The BSE’s transition to an entirely electronic trading system, with brokers connected remotely via VPN, has completely modernized its operations. Additionally, further investment in blockchain technology and AIdriven trading tools is being considered as it could streamline efficiency and enhance security. The Barbados Stock Exchange has emerged today as a thriving financial ecosystem where local and international companies seek listings, and investors can have confidence in their market interactions. Thanks to its financial innovation and operational integrity, the Barbados Stock Exchange proudly stands as a regional leader for the Caribbean and beyond. A LEAN BUT EFFECTIVE ORGANIZATIONAL STRUCTURE Despite its broad range of responsibilities, the exchange operates with a lean workforce of just seventeen employees. The team, led by Managing Director Marlon Yarde, brings extensive industry expertise. This depth of experience allows the organization to maintain high levels of efficiency while upholding stringent regulatory standards. Initially launched as the Securities Exchange of Barbados, the Barbados Stock Exchange has evolved over the decades, adapting to the needs of a growing financial sector. “In 2001, we changed our structure and became a mutual company which was owned by the members 29 BUSINESS VIEW CARIBBEAN VOLUME 12, ISSUE 03 THE BARBADOS STOCK EXCHANGE (BSE)
RkJQdWJsaXNoZXIy MTI5MjAx