Sustainable Business Magazine 02/21

Page 16

INTERVIEW: TRINIDAD AND TOBAGO STOCK EXCHANGE

A SECURE INVESTMENT: THE TTSE Sustainable Business Magazine speaks to Eva Mitchell, Acting CEO at the Trinidad and Tobago Stock Exchange, about automating the exchange, support for small businesses, and welcoming new investors. The Trinidad and Tobago Stock Exchange (TTSE) was officially formalized under the provisions of the 1981 Securities Industry Act, after years of informal activity in the local securities market. Founded to provide oversight and facilitate the development of Trinidad and Tobago’s local capital markets, the TTSE has adapted to changing conditions and the evolution of Trinidadian and Tobagonian securities. In 1995, the Securities and Exchange Commission (SEC) was established, invested 16 | SUSTAINABLE BUSINESS MAGAZINE

with the responsibility to maintain surveillance over the securities market in Trinidad, while the TTSE assumed the role it continues to play today, as a regulator of trading activity, and of the activities of its members firms and brokers. Today, the TTSE is the largest stock exchange in the Caribbean, with a market capitalization of more than US$17 billion and a variety of large local companies listed, including Republic Bank, ANSA McAL, and West Indian Tobacco Company (WITCO).


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