ECSRC Securities Market Workshop Underway

Twenty-two persons from the Eastern Caribbean Countries, Barbados, Trinidad and Jamaica are seeking to understand the fundamentals of the Eastern Caribbean Securities Market, and to equip themselves with the skills required for operating in the market. They are participating in the sixth certification workshop being hosted by the Eastern Caribbean Securities Regulatory Commission at the ECCB Headquarters in St Kitts, from June 7-10, 2004.

The workshop will provide participants with an understanding of the functions of the various ECSM institutions, the rules and regulations governing market operations and the role and responsibilities of all participants in the market. They will be instructed in the basics of bond and equity markets; ECSM trading market principles and brokerage operations and customer accounts management. Participants will sit the certification examinations on Friday, 11 June 2004 and will become eligible to apply for an intermediary licence to operate in the market upon successful completion of the examinations.

In the opening ceremony on Monday, 7 June 2004, Mr Errol Allen, Deputy Chairman of the ECSRC, noted the changes to the structure of the region’s financial system from globalisation, which made the countries receptive to inflows of international funds. He emphasised the importance of individuals developing their own human capital to provide value in the market place and commended participants for seeking to acquire the training being offered at the certification workshop, which would allow them to take advantage of opportunities in the globalised, connected economy.