Jamaica Stock Exchange40 Harbour St, Kingston, Jamaica
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 mobilisation of capital to facilitate the growth and development of companies and by extension the economy.
To contribute to the growth and development of the countries in which we operate by facilitating the mobilisation, exchange and expansion of capital while providing a return on equity that is acceptable to our shareholders.
In 2020, the JSE is an innovative, transparent and customer-oriented world class exchange
operates in over 5 countries in the Caribbean Region
has over 100 listings
and contributes significantly to capital expansion while consistently generating Return on shareholders' equity of at least 7% above T-bill.
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 mobilising 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 facili tate privatisation
To improve the gearing of the domestic corporate sector and help reduce corporate dependence on borrowing. Read more......Read less