St. Lca: Investing in the Caribbean

Already, the framework is being put in place which will lead to the stimulation of the investment industry in the Caribbean . One of the expected events will be the much talked about harmonization of the three stock exchanges of Trinidad, Barbados and Jamaica, aided by the introduction of the Central Securities Depository. The introduction of this system will substantially reduce the time lag between purchase and sale of shares and for the first time we could see the development of stock market speculators (similar to one day traders in US), something that couldn’t happen without the CSD.