Tuesday May 28 2024
News Source: Global Exchanges
Focus: Clearing & Settlement
Type: General
Country: Jamaica
On 27th May 2024, the Jamaica Stock Exchange (JSE) implemented the T+1 Settlement Cycle and extended its trading hours from three and a half (3 ½) hours to five (5) hours.
The new trading hours are from 9:00 am to 2:00 pm, Mondays to Fridays, providing investors with more time to buy and sell securities on the stock market.
This move allows for quicker receipt of cash and securities for investors and is intended to increase market liquidity.
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