FAQ – ECSE

When does trading take place on the ECSE?

admin — Wed, 13 Nov 2019 15:17:10 +0000

The ECSE trading day, during which time brokers place orders to buy or sell securities for investors, runs from 9:00 AM to 2:00 PM daily. During the day orders are matched on a continuous basis. Any sell and buy orders that are not traded are carried over to the next business day, unless specified as “day orders”. “Day orders” not traded on a given day are removed from the system.

How can the ECSE enhance a government’s access to new capital?

admin — Mon, 11 Nov 2019 21:20:02 +0000

The ECSE provides the primary market platform for the issuance of Government securities on the Regional Government Securities Market (RGSM). Governments from one island can now sell securities to investors from all the islands, and to investors anywhere in the world

How can the ECSE enhance a company’s access to new capital?

admin — Mon, 11 Nov 2019 21:19:23 +0000

The ECSE creates new opportunities for companies to raise capital by issuing their securities on the regional electronic market to be freely accessible the regional investing public. Companies from one island can now sell securities to investors from all the islands, and to investors anywhere in the world.

How does a company prepare to list on the ECSE?

admin — Mon, 11 Nov 2019 21:17:38 +0000

A company must first determine if it meets the criteria for listing. To do this, it should seek professional advice from a broker – dealer firm or from the ECSE

When should a company consider listing on the ECSE?

admin — Mon, 11 Nov 2019 21:17:15 +0000

When any of the following conditions exist:

it is making a profit
it needs to raise capital to finance future growth
it has a reputation for being a sound and well managed organisation with good potential for making additional profits
it has a well thought-out and clearly articulated plan for the future
it has developed a good strategy for coming to the market
it is considering going public
it is a public company

How can listing on the ECSE benefit a company?

admin — Mon, 11 Nov 2019 21:16:24 +0000

A significant amount of pride and prestige are associated with being eligible to list on the ECSE. Companies must qualify by meeting certain key criteria including sufficient capital and an appropriate level and quality of financial reporting and general governance standards. Listing on the Exchange also provides a fair market value for the companies’ shares.

What factors are important when analysing a company?

admin — Mon, 11 Nov 2019 21:15:48 +0000

Factors important in analysing a company include the performance of the company, its business history, financial status, management structure, its plans and projections and, if offering new shares, how it plans to use the proceeds of the offering. All of this information is provided in the company’s annual report or quarterly and audited annual financial statement, and, in the case of new offering, the prospectus. These documents can be accessed from the company, ECSE-member intermediaries or on the ECSE’s website – www.ecseonline.com.

What information must issuers provide investors?

admin — Mon, 11 Nov 2019 21:14:41 +0000

An issuer wanting to list on the ECSE must disclose information detailing its management structure, ownership structure, financial health, and short and long-term objectives. Disclosure of these facts informs potential investors about the risks and benefits of an investment. In order to remain listed on the ECSE and sell new issues, a company must publish quarterly financial reports, annual audited financial statements and provide timely information on major activities. For more details about listing and reporting requirements, please contact the ECSE, an ECSE-member intermediary or explore the ECSE’s web site – www.ecseonline.com.

Where can you find information about the securities listed on the ECSE?

admin — Mon, 11 Nov 2019 21:14:21 +0000

Information is available from:

The ECSE
ECSE-member Intermediaries
Trade information bulletins
Local and regional media
The ECSE’s web site – www.ecseonline.com

How are securities paid for on the ECSE?

admin — Mon, 11 Nov 2019 21:09:22 +0000

An investor must provide the intermediary “good funds” to place an order to buy securities on the ECSE. “Good funds” can take the form of cash, cheque, credit or debit card. Once the intermediary has verified that funds are available to cover the transaction, the purchase can be made. The intermediary then handles all the details of the transaction.