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Jamaica Stock Exchange Rolls Out New Trading System

The Jamaica Stock Exchange in a bid to improve its service delivery, on Monday, December 5, 2011 rolled out its new Global Vision trading system and its Depend settlement system.

 

Mrs. Street Forrest, General Manager, JSE, stated that the new software which replaces Nasdaq/OMX, Horizon and Equator trading and settlement platforms, will allow for increased efficiency and the ability for the Exchange to provide the facility for the offering of new products and services.

 

The new systems were acquired through licensing arrangements with Trayport and Percival, companies out of London England, which supports the Global Vision trading system and the Depend settlement system respectively. The new trading and settlement systems are currently used by Barbados and Trinidad Stock Exchanges.