JSE Subsidiaries

The JSE has two wholly-owned subsidiaries:

 

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The Jamaica Central Securities Depository Limited (JCSD) is a wholly owned subsidiary of the Jamaica Stock Exchange (JSE) incorporated on January 8, 1998.  The JCSD was established to provide depository, and settlement services for securities traded electronically on the floor of the Jamaica Stock Exchange using a book entry system.  This book entry system allows for easier and safer transfer of ownership since it eliminates the need to physically pass certificates from seller to buyer during a trade.

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JCSD Trustee Services (JCSDTS) was founded in July 2008 for the express purpose of providing efficient, reliable and cost-effective trustee services to the financial services industry. The Company is wholly-owned subsidy of the Jamaica Central Securities Depository (JCSD), which itself is a wholly owned subsidiary of the Jamaica stock Exchange (JSE).