Eastern Caribbean Securities Market ECSM.

The Eastern Caribbean Central Bank is the key promoter behind the development of the Eastern Caribbean Securities Market (ECSM), which is the first regional securities market licensed under the Eastern Caribbean Securities Act 2001. The ECSM is designed to provide an alternative mechanism for institutions to raise capital within the regional financial system. The ECSM facilitates primary and secondary market trading. The primary market gives issuers an opportunity to raise money through new issues of securities. Our primary market is designed to give issuers the option of a non-competitive and a competitive auction methodology whereby the issuer can either set the price of the issue or allow the investor set the price of the issue. Once an issuer has used the primary market the secondary market becomes the next option to allow these investors to trade their securities freely and to provide liquidity. With the ECSM, investors have yet another alternative source to invest their savings in order to secure their future. The ECSM also allows for the transfer of private sector savings to productive investment. This will essentially increase productive activity in the real sector, facilitate private sector development and create avenues for employment.

Listed Securities
Barbados FirstCaribbean International Bank Ltd FCI Common Shares FCI Dominica Dominica Electricity Services Ltd DES Common Shares DES Grenada Grenada Electricity Services Limited GESL Common Shares GESL Grenreal Property Corporation Limited GPCL Common Shares GPCL Republic Bank (Grenada) Limited RBGL Common Shares RBGL Jamaica GraceKennedy Ltd GKC Common Shares GKC St. Kitts & Nevis The Bank of Nevis Ltd BON Common Shares BON Cable & Wireless St. Kitts & Nevis CWKN Common Shares CWKN St Kitts Nevis Anguilla Trading and Development Company Ltd TDC Common Shares TDC St. Kitts Nevis Anguilla National Bank Ltd SKNANB Common Shares SKNB S. L. Horsford and Company Ltd SLH Common Shares SLH St. Lucia East Caribbean Financial Holding Co. Ltd (Holding Company for Bank of St. Lucia) ECFH Common Shares ECFH St. Lucia Electricity Services Ltd SLES Common Shares SLES Trinidad Trinidad Cement Ltd TCL Common Shares TCL Eastern Caribbean Central Bank (ECCB)