Investors trading shares on the Jamaica Stock Exchange will have more time to trade securities commencing on Monday, May 27, trading set to begin at 9 a.m. and close at 2:00 p.m., giving traders an additional 1½ hours to trade securities.
At the same time the settlement time for trades will be shortened from the day of trading plus two additional business days (T+2) to one business day after trading (T+1). The effect of the change will result in investors entitled to get a settlement on the day immediately after trading.
The change in settlement will be in line with the USA stock market that moves to T+1 when that market reopens on Tuesday, following the close of the market on Monday for the Memorial holiday.
New trading hours for Jamaican stocks
May 25, 2024 by
