Jump to content

Barbados Stock Exchange: Difference between revisions

Edit links
From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
GreenC bot (talk | contribs)
Bots
2,238,225 edits
Rescuing 7 sources and tagging 2 as dead. #IABot (v1.2.6)
Line 27: Line 27:
The Barbados Stock Exchange is among the four major [[List of stock exchanges in the Americas|regional Caribbean stock exchanges]]. The other three being the exchanges of [[Jamaica]], the [[OECS|Eastern Caribbean]], and [[Trinidad and Tobago]]. The BSE is the third largest stock exchange in the Caribbean region. The BSE along with officials from Jamaica and Trinidad and Tobago are working to integrate these stock exchanges into a single unit known as the Caribbean Exchange Network (CXN)<ref>[http://www.trinidadexpress.com/index.pl/article?id=161310078 Getting a regional stock exchange off the ground]{{dead link|date=July 2016 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>[http://web.archive.org/web/20070708203058/www.barbadosadvocate.com/NewViewNewsleft.cfm?Record=31735 CXN to come on stream in the near future]</ref> The Trinidad and Tobago exchange has mooted the establishment of some form of association with the U.S. or Canadian based stock exchanges going forward.<ref>[http://www.trinidadexpress.com/index.pl/article?id=161346695 TTSE eyes US, Canada]{{dead link|date=July 2016 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
The Barbados Stock Exchange is among the four major [[List of stock exchanges in the Americas|regional Caribbean stock exchanges]]. The other three being the exchanges of [[Jamaica]], the [[OECS|Eastern Caribbean]], and [[Trinidad and Tobago]]. The BSE is the third largest stock exchange in the Caribbean region. The BSE along with officials from Jamaica and Trinidad and Tobago are working to integrate these stock exchanges into a single unit known as the Caribbean Exchange Network (CXN)<ref>[http://www.trinidadexpress.com/index.pl/article?id=161310078 Getting a regional stock exchange off the ground]{{dead link|date=July 2016 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>[http://web.archive.org/web/20070708203058/www.barbadosadvocate.com/NewViewNewsleft.cfm?Record=31735 CXN to come on stream in the near future]</ref> The Trinidad and Tobago exchange has mooted the establishment of some form of association with the U.S. or Canadian based stock exchanges going forward.<ref>[http://www.trinidadexpress.com/index.pl/article?id=161346695 TTSE eyes US, Canada]{{dead link|date=July 2016 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>


At present, officials at the stock exchange are investigating the possibility of augmenting the local exchange with an International Securities Market (ISM) venture.<ref>{{cite news | url=http://www.barbadosadvocate.com/newsitem.asp?more=business&NewsID=5140 |title=Treaty network an advantage in securities trading |accessdate=2009-07-28 |first=R |last=H |authorlink= |date=2009-07-28 |format= |work=[[Barbados Advocate]] |pages= |quote= }}{{dead link|date=September 2016|bot=medic}}</ref>
At present, officials at the stock exchange are investigating the possibility of augmenting the local exchange with an International Securities Market (ISM) venture.<ref>{{cite news|url=http://www.barbadosadvocate.com/newsitem.asp?more=business&NewsID=5140 |title=Treaty network an advantage in securities trading |accessdate=2009-07-28 |first=R |last=H |authorlink= |date=2009-07-28 |format= |work=[[Barbados Advocate]] |pages= |quote= |deadurl=yes |archiveurl=https://web.archive.org/web/20060211110821/http://www.barbadosadvocate.com/NewViewNewsleft.cfm?Record=24352 |archivedate=2006-02-11 |df= }}</ref>


The BSE is one of twenty-seven correspondent members of the World Federation of Exchanges (WFE).<ref>[http://www.world-exchanges.org/member-exchanges/correspondents/list-correspondents World-exchanges.org]</ref>
The BSE is one of twenty-seven correspondent members of the World Federation of Exchanges (WFE).<ref>[http://www.world-exchanges.org/member-exchanges/correspondents/list-correspondents World-exchanges.org] {{wayback|url=http://www.world-exchanges.org/member-exchanges/correspondents/list-correspondents |date=20101102224405 }}</ref>


The BSE was located at the 5th Floor of the Tom Adams Financial Centre; prior to relocating to 1st Floor, of Carlisle House on Hincks Street in Bridgetown. Most recently, it relocated to Eighth Avenue in the Bridgetown suburb of Belleville, St. Michael.
The BSE was located at the 5th Floor of the Tom Adams Financial Centre; prior to relocating to 1st Floor, of Carlisle House on Hincks Street in Bridgetown. Most recently, it relocated to Eighth Avenue in the Bridgetown suburb of Belleville, St. Michael.
Line 47: Line 47:
*Barbados Shipping & Trading Co. Ltd. -- BST [http://www.bsandtco.com/ site]
*Barbados Shipping & Trading Co. Ltd. -- BST [http://www.bsandtco.com/ site]
*[[Barbados Ice Cream Company Limited|Bico Ltd.]]—BCO
*[[Barbados Ice Cream Company Limited|Bico Ltd.]]—BCO
*Cable & Wireless Barbados Ltd. -- CWBL [http://www.time4lime.com/bb/ site]
*Cable & Wireless Barbados Ltd. -- CWBL [http://www.time4lime.com/bb/ site]{{dead link|date=October 2016 |bot=InternetArchiveBot |fix-attempted=yes }}
*Cave Shepherd & Co. Ltd. -- CSP [http://www.caveshepherd.com/ site]
*Cave Shepherd & Co. Ltd. -- CSP [http://www.caveshepherd.com/ site]
*[[FirstCaribbean International Bank]]—FCI
*[[FirstCaribbean International Bank]]—FCI
*Fortress Caribbean Property Fund—CPF [http://www.fortressfund.com/ site]
*Fortress Caribbean Property Fund—CPF [http://www.fortressfund.com/ site]
*Goddard Enterprises Ltd. -- GDE [http://www.goddardenterprisesltd.com/ site]
*Goddard Enterprises Ltd. -- GDE [https://web.archive.org/web/20060701030923/http://www.goddardenterprisesltd.com:80/ site]
*Insurance Corporation of Barbados Ltd—ICBL [http://www.icb.com.bb/ site]
*Insurance Corporation of Barbados Ltd—ICBL [http://www.icb.com.bb/ site]
*Jamaica Money Market Brokers Ltd. -- JMMB [http://www.jmmb.com/index.php/ site]
*Jamaica Money Market Brokers Ltd. -- JMMB [https://web.archive.org/web/20111028222553/http://www.jmmb.com:80/index.php site]
*Light & Power Holdings Ltd. -- LPH [http://www.blpc.com.bb/ site]
*Light & Power Holdings Ltd. -- LPH [http://www.blpc.com.bb/ site]
*Light & Power Holdings Ltd. 5.5% Pref—LPH55 [http://www.blpc.com.bb/ site]
*Light & Power Holdings Ltd. 5.5% Pref—LPH55 [http://www.blpc.com.bb/ site]
*Neal & Massy Holdings Ltd. -- NML [http://www.neal-and-massy.com/home/ site]
*Neal & Massy Holdings Ltd. -- NML [https://web.archive.org/web/20111103210918/http://www.neal-and-massy.com:80/home/ site]
*One Caribbean Media Ltd. -- OCM [http://www.onecaribbeanmedia.net/ site]
*One Caribbean Media Ltd. -- OCM [http://www.onecaribbeanmedia.net/ site]
*Sagicor Financial Corporation—SFC [http://www.sagicor.com/ site]
*Sagicor Financial Corporation—SFC [http://www.sagicor.com/ site]
Line 63: Line 63:
*[[WIBISCO|The West India Biscuit Company Ltd]]. -- WIB [http://www.wibisco.com/ site]
*[[WIBISCO|The West India Biscuit Company Ltd]]. -- WIB [http://www.wibisco.com/ site]
*West Indies Rum Distillery Ltd. -- WIR [http://www.westindiesrum.com/ site]
*West Indies Rum Distillery Ltd. -- WIR [http://www.westindiesrum.com/ site]
*Royal Fidelity TIGRS A Fund—RFTA [http://www.royalfidelity.com/index.php/ site]
*Royal Fidelity TIGRS A Fund—RFTA [https://web.archive.org/web/20111113011531/http://www.royalfidelity.com:80/index.php? site]
*Royal Fidelity TIGRS A1 Fund—RFTA1 [http://www.royalfidelity.com/index.php/ site]
*Royal Fidelity TIGRS A1 Fund—RFTA1 [https://web.archive.org/web/20111113011531/http://www.royalfidelity.com:80/index.php? site]


==Formerly listed companies==
==Formerly listed companies==
Line 90: Line 90:
==External links==
==External links==
*[http://www.bse.com.bb/ Barbados Stock Exchange official website]
*[http://www.bse.com.bb/ Barbados Stock Exchange official website]
*[http://www.seccom.com.bb/ Barbados Securities Commission]
*[http://www.seccom.com.bb/ Barbados Securities Commission]{{dead link|date=October 2016 |bot=InternetArchiveBot |fix-attempted=yes }}
*[http://www.totallybarbados.com/barbados/Business/Financial_Sector/Barbados_Stock_Exchange/ Barbados Stock Exchange]
*[http://www.totallybarbados.com/barbados/Business/Financial_Sector/Barbados_Stock_Exchange/ Barbados Stock Exchange]


Revision as of 03:05, 27 October 2016

Barbados Stock Exchange
TypeStock exchange
LocationBridgetown, Barbados
Founded1987
Key peopleMarlon Yarde (CEO)/(GM)
CurrencyBarbados dollar
No. of listings21
Market capBD$8.7 billion (Nov 2010)[1]
IndicesLocal
Cross listed
Junior market
Websitewww.bse.com.bb

The Barbados Stock Exchange or BSE is Barbados' main stock exchange. Its headquarters are in the capital-city Bridgetown.

The body was established in 1987 by the Parliament of Barbados as a statutory body under CAP. 318A, Section 44 of the Securities Exchange Act (1982). Under this original charter it was constituted as the Securities Exchange of Barbados (SEB), and remained known as such until August 2, 2001 when Parliament repealed and replaced the prior act with an updated charter under The Securities Act 2001–3

Since July 4, 2001 the BSE has operated under a fully electronic trading utilising the Order routing method. The electronic system succeeds the manual system, which comprised an open auction outcry method of trading.

Although it was given effect by Parliament, the BSE functions as a not-for-profit organisation which is privately owned (by its Members). Authority is vested in a Board of Directors, which is chaired by the General Manager.

The Barbados Stock Exchange is among the four major regional Caribbean stock exchanges. The other three being the exchanges of Jamaica, the Eastern Caribbean, and Trinidad and Tobago. The BSE is the third largest stock exchange in the Caribbean region. The BSE along with officials from Jamaica and Trinidad and Tobago are working to integrate these stock exchanges into a single unit known as the Caribbean Exchange Network (CXN)[2][3] The Trinidad and Tobago exchange has mooted the establishment of some form of association with the U.S. or Canadian based stock exchanges going forward.[4]

At present, officials at the stock exchange are investigating the possibility of augmenting the local exchange with an International Securities Market (ISM) venture.[5]

The BSE is one of twenty-seven correspondent members of the World Federation of Exchanges (WFE).[6]

The BSE was located at the 5th Floor of the Tom Adams Financial Centre; prior to relocating to 1st Floor, of Carlisle House on Hincks Street in Bridgetown. Most recently, it relocated to Eighth Avenue in the Bridgetown suburb of Belleville, St. Michael.

Past G.M.s

Listed companies

Main article: List of companies listed on the Barbados Stock Exchange
  • Almond Resorts Inc. -- ARI site
  • ANSA McAL (Barbados) Ltd. -- MCAL site
  • Banks Holdings Ltd. -- BHL site
  • Barbados Dairy Industries Ltd. (Pine Hill Dairy) -- BDI
  • Barbados Farms Ltd. -- BFL
  • Barbados National Bank Inc. -- BNB site
  • Barbados Shipping & Trading Co. Ltd. -- BST site
  • Bico Ltd.—BCO
  • Cable & Wireless Barbados Ltd. -- CWBL site[permanent dead link]
  • Cave Shepherd & Co. Ltd. -- CSP site
  • FirstCaribbean International Bank—FCI
  • Fortress Caribbean Property Fund—CPF site
  • Goddard Enterprises Ltd. -- GDE site
  • Insurance Corporation of Barbados Ltd—ICBL site
  • Jamaica Money Market Brokers Ltd. -- JMMB site
  • Light & Power Holdings Ltd. -- LPH site
  • Light & Power Holdings Ltd. 5.5% Pref—LPH55 site
  • Neal & Massy Holdings Ltd. -- NML site
  • One Caribbean Media Ltd. -- OCM site
  • Sagicor Financial Corporation—SFC site
  • Sagicor Financial Corporation 6.5% Pref—SFC65 site
  • Trinidad Cement Ltd—TCL site
  • The West India Biscuit Company Ltd. -- WIB site
  • West Indies Rum Distillery Ltd. -- WIR site
  • Royal Fidelity TIGRS A Fund—RFTA site
  • Royal Fidelity TIGRS A1 Fund—RFTA1 site

Formerly listed companies

  • A.S. Brydens & Sons Ltd. -- ASB
  • BWIA West Indies Ltd. -- BWIA
  • Courts (Barbados) Ltd. -- CTS
  • Life of Barbados Ltd—LOB: Now Sagicor Financial Corporation
  • RBTT Financial Holdings Ltd. -- RBTT
  • GraceKennedy Ltd—GKC
  • Sunbeach Communications Inc. -- SBH

Other companies: List of Barbadian companies

See also

Wikimedia Commons has media related to Barbados Stock Exchange.

References

  1. ^ bse.com.bb
  2. ^ Getting a regional stock exchange off the ground[permanent dead link]
  3. ^ CXN to come on stream in the near future
  4. ^ TTSE eyes US, Canada[permanent dead link]
  5. ^ H, R (2009-07-28). "Treaty network an advantage in securities trading". Barbados Advocate. Archived from the original on 2006-02-11. Retrieved 2009-07-28. {{cite news}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  6. ^ World-exchanges.org Template:Wayback
Retrieved from "https://en.wikipedia.org/w/index.php?title=Barbados_Stock_Exchange&oldid=746387607"