Caribbean Development Bank Backs $324,700 Study for CARICOM Regional Stock Exchange

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The Caribbean Development Bank approved a US$100,000 grant on July 27, 2026, to the CARICOM Private Sector Organization to fund the first phase of a regional stock exchange feasibility study. Together with the Inter-American Development Bank, total Phase I funding reaches US$324,700. The study will assess market demand, legal and regulatory frameworks, international exchange models, and stakeholder needs across participating CARICOM states. A functional regional exchange would require complex, interconnected technology including order-matching engines, clearing and settlement infrastructure, identity verification, and cross-border payment systems. Experts stress that such infrastructure must be fast, secure, auditable, and operationally reliable to maintain investor confidence across multiple Caribbean jurisdictions.

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