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Integrated Central Securities Depository implemented

Jamaica now has an integrated Central Securities Depository (CSD).
 
It has been implemented along with a new trading platform for the Jamaica Stock Exchange. 
 
The process started with the selection of the new platform in October 2018.
 
The new platform requires that pre-validation takes place in the trading system.
 
This will ensure that the trading platform confirms changes of available balance that might arise during central securities depository operations including off-market transfers, pledges, and other daily operations.


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