The Jamaica Stock Exchange on Wednesday, June 27, 2012, opened tender for a new Member Dealer’s Licence. The new Member Dealer Licence will be awarded to any organization which meets the requirements of the Jamaica Stock Exchange. The organization chosen will have the ability to:
- Buy & sell shares of companies listed on the Stock Exchange
- Assist companies to list on both the Main & Junior Market and
- To conduct securities business, as defined by the Securities Act among other things.
The Licence that is now being offered is a permanent licence and will give the successful applicant the right to access all the existing trading facilities of the Exchange.
The Licence is not a right to share ownership in the JSE. The successful applicant will not have the right to claim ownership of, or lodge claim against, any of the assets of the JSE as a result of the Licence.
Please see application on page 21 of the Member Dealer’s Guide (Appendix 9). The JSE is asking that all questions be answered and the relevant information accompanies the application form. No incomplete application will be considered. Applications must be submitted in hard copy to be received by 4 p.m. on Friday July 13, 2012 to the JSE’s offices, 40 Harbour Street; Kingston
Please click the link below for Member Dealer’s Guide:
