The Eastern Caribbean Central Bank Monetary Council has agreed to reduce the financial threshold allowing for individuals and small businesses to trade more on the Eastern Caribbean Securities Exchange.
Governor of the St. Kitts-based Eastern Caribbean Central Bank, Timothy Antoine, says this is part of the strategy to encourage more trading on the ECSE.
The ECSE was established by the central bank to serve the eight member territories of Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, St. Kitts-Nevis, St. Lucia, and St. Vincent and the Grenadines.
It was launched in 2001 as a fully electronic regional exchange.
The Monetary Council is the highest decision-making body of the ECCB, which serves as a central bank for the countries within the Organisation of Eastern Caribbean States.
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