Low Trading Levels Prompt Jamaican Financial Firm to Delist From Barbados Stock Exchange
After ten years of trading on the Barbados Stock Exchange (BSE), the Jamaican financial firm Jamaica Money Market Brokers Group Limited (JMMBGL) is set to quit the local money market.
In what he described as a voluntary delisting, JMMBGL Chairman Archibald Campbell told shareholders in a letter that “after careful assessment of the sustained low levels of trading in the shares on the BSE, the board of directors recommended that shareholders vote in favour of the special resolution to delist from that stock exchange”.