(KINGSTON, March 26, 2013):
Proven Wealth Limited (Proven) the newest Member Dealer who was awarded their Member Dealer license on Monday, October 8, 2012, commenced trading activities on Friday, March 22, 2013 on the Jamaica Stock Exchange (JSE). As a new Member Dealer, Proven will conduct the business of trading on the stock market as well as assist companies to list their securities on the Main or Junior Market.
Mrs. Marlene Street Forrest, General Manager of the JSE stated that “the Stock Exchange is very pleased with this development and has great expectation of Proven Wealth; we are expecting as time progresses that the market should benefit from the products and services offered by this New Member Dealer”. She went on to comment, that Proven has entered the market at a very strategic time when the IMF has predicted that there will be:
- Crisis risks abating, although downside risks remain significant and
- Emerging markets, developing countries and the United States, (should be the) main sources of growth
All Member Dealers can therefore be poised to capitalize on these positive factors.
On Friday, March 22, Proven has joined the other Member Dealers: Barita Investments Limited; First Global Financial Services Limited; JMMB Securities Limited; M/VL Stockbrokers Limited; Mayberry Investments Limited; NCB Capital Markets Limited; Sagicor Investments Jamaica Limited; Scotia Investments Jamaica Limited; Stocks and Securities Limited; and Victoria Mutual Wealth Management Limited, in offeringproducts and services to the investment community.
