Lee's Optical Company Ltd. believes in preserving the nations vision. We are a member of the Jamaica Optometric Association and have a highly competent team that conducts eye exams. We stock the latest eyewear fashions to suit your preference and we accept all major health cards. Read more......Read less
Overview of the Jamaica Stock Exchange
The Jamaica Stock Exchange ( JSE ) is an august institution which was incorporated in 1968 and started operation in 1969. The JSE started its operation at the Bank of Jamaica (BOJ) building and moved to its present building situated at 40 Harbour Street in 1998. The JSE's principal mandate is the mobilization of capital to facilitate the growth and development of companies and by extension the economy.
The JSE Group has evolved over time into a strong and reputable business.
There were four founding members:
Mr. Willard Samms - Annett & Company Limited
Mr. Raglan I. Golding - Capital Market Services (Ja) Ltd.
Mr. Edward E. Gayle - Edward Gayle & Company Ltd.
Mr. Anthony Lloyd - Pitfield McKay Ross & Co Ltd.
To contribute to the growth and development of the countries in which we operate by facilitating the mobilization, exchange and expansion of capital while providing a return o n equity that is acceptable to our shareholders.
To promote the orderly and transparent development of the stock market and the stock exchange in Jamaica. To ensure that the stock market and its broker members operate at the highest standards practicable To develop, apply and enforce the rules designed to ensure public confidence in the stock market and its broker members To provide facilities for the transaction of stock market business To conduct research, disseminate relevant information and maintain local and international relationships which can enhance the development of the Jamaica stock market.
The Basic Functions of the Stock Exchange
To provide an additional channel for encouraging and mobilizing domestic savings
To foster the growth of the domestic financial services sector
To provide savers with greater opportunities to protect themselves against inflation
To increase the overall efficiency of investment
To facilitate priva tization
To improve the gearing of the domestic corporate sector and help reduce corporate dependence on borrowing.
Stock trading is restricted to Broker-members who trade both as agents and as principals. In the latter capacity, certain restrictions apply to transactions between a Broker and his own client.
The Exchange is governed by a Board of Directors, which has the following composition:
The Governor of the Central Bank (Bank of Jamaica) or his nominee
A representative of the Ministry of Finance
Three persons other than shareholders
Up to ten shareholders representing members.
The JSE Group provides a wide range of services to the market. The primary services of the JSE Group are:
The trading of securities on its Markets, (Main, Junior, Bond and the US Denominated Market)
Creation of accounts in the Jamaica Central Securities Depository (JCSD)
Pledging of securities registered in the JCSD
Inter-CSD movements between Regional CSD ’s Settlement of trades through the JCSD
and Registrar Services
The JSE Group offers secondary services, these are:
Annual Investments and Capital Markets Conference
The Best Practices Awards
The National Investor Education Week
Market Research Competition
Training and Education
Stock Market Game
ISIN Issuing Agency
What is Online Trading?
Online trading simply refers to buying and selling of securities via the Internet.
The Jamaica Stock Exchange Online Trading Platform gives investors to trade directly securities listed on the Exchange. Read more......Read less