It will now take a shorter time to process the trading of shares on the Jamaica Stock Exchange (JSE).
The Exchange and the Jamaica Central Securities Depository (JCSD) have reduced the settlement period from three to two days after the date of trade.
JSE Managing Director, Marlene Street Forrest, says the change will allow for greater efficiency in the market and increased liquidity.
She is also expecting more transactions on the market.
The JSE and the JCSD are now in line with international standards.
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