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Micro Market to be established on the JSE

A Micro Market will be established on the Jamaica Stock Exchange (JSE).
 
Finance Minister Fayval Williams made the announcement during the Budget Debate on Tuesday. 
 
The Jamaica Stock Exchange has identified over 250 micro and small businesses that do not meet the $50 million threshold for listing on the Junior Market. 
 
Minister Williams said the Micro Market is expected to give added structure to more businesses as well as aid in growth and access to equity capital. 
 
She said a technical working committee to guide the process will be announced soon, with meetings to start early in the new fiscal year. 
 
The committee will be made up of stakeholders from the JSE, the Ministry of Finance, private sector, security dealers, Companies Office of Jamaica and the legal fraternity.
 


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