The Barbados Stock Exchange (BSE) is the main stock exchange of the Caribbean nation of Barbados. The Stock Exchange is headquartered in Bridgetown.
The Barbados Stock Exchange is considered to be among one of the big three regional stock exchanges in the Caribbean, the other two being the stock exchanges of Jamaica and Trinidad & Tobago. The Stock Exchange remains a privately held entity (by its Members) and is a non-profit seeking organization. By nature of its formation, it is a self-regulatory institution operating under the Securities Exchange Act 1982/44 and under by-laws and rules related to the general affairs and businesses of the exchange.
A Board of Directors, through a General Manager, administers the activities of the exchange.
The Barbados Stock Exchange is an association of Member-Brokers that deals in securities through a central market place. Originally, the BSE was established as the Securities Exchange of Barbados (SEB) in 1987, under the Securities Exchange Act of 1982. Barbados Stock Exchange was re-incorporated on August 2, 2001 simultaneously with the enactment of Securities Act 2001, which set aside and succeeded the original Act of 1982.
In January 1992 the Securities Exchange of Barbados initiated an Unlisted Securities Market, at present known as the Junior Market, to help small companies that are highly geared and in need of capital.
The exchange switched from the manual, open auction outcry method of trading, to electronic trading using the Order routing method back in 2001.
The residual powers were in the hands of the Minister of Trade to make regulations regarding any matter necessary for the effective functioning of the exchange. However, in February 1996 that power was transferred to the Minister of Finance.
As a major consumer of energy, Google’s recent efforts to go green are seen as a welcome step by the environmental advocates, who see the Internet giant as an important future player in the renewable energy industry. But can Google really capitalise on its momentum and become an influential figure in energy policy?
Read more
Non-Executive Chairman of Morgan Stanley Asia. Lecturer at Yale University's School of Management and Jackson Institute for Global Affairs. Author of "The Next Asia".
Professor of Economics & Director of the Earth Institute at Columbia University. Special Adviser to the UN Secretary-General on the Millennium Development Goals. Founder & co-President of the Millennium Promise Alliance.
CEO and co-CIO of PIMCO. Served as President and CEO of the Harvard Management Company for 2 years, while also working at the IMF for 15 years. In 2008, his book "When Markets Collide", won the Financial Times award for Business Book of The Year in addition to being named as the one of the best business books of all time by The Independent.
Vice President and Director of the Global Economy and Development Program at the Brookings Institution. Former Turkish Minister of State for Economic Affairs. Head of the United Nations Development Program (UNDP) from 2005-2009.
Got something to say about the economy? We want to hear from you. Submit your article contributions and participate in the world's largest independent online economics community today!