When these now public securities are issued, the investors need to be sure, that they can cash out in the future. This therefore, formed the implementation of an organized stock market, whereby a company’s securities/stocks can be bought or sold as often as desired.

Private companies convert to public ones by offering a percentage of their securities to the general public, and at the same time they usually enlist on a securities stock exchange e.g. NASDAQ, ECSE.

A private company makes the decision to “go public” if there is a need for more financing, in order to sustain the company’s financial existence. Some opt because they need to provide liquidity for some of their existing shareholders who may want to trade their shares freely without encumbrance. Then there is the desire to obtain a higher value for the present shares owned by the company, by “going public” it is likely that investors would pay more for their shares than if it

The ECSE has been established, however, the market is not very efficient, very little trading is done because of the lack of commuters in the market they presently host eight (8) listed companies. The ECSE needs to strengthen their appetites for cross trading with the still existing Jamaican, Barbadian and Trinidadian stock markets. Their listed companies must be prepared to follow a regulatory body and make their financial statements and information public information in a timely fashion.

were a private company. The benefits of becoming a public company are high; however, the decision to “go public” and its timing are important and must be given strategic consideration. This decision should be outlined or drafted in any well-developed company’s plan.

Despite, the aspirations of the Caribbean, the annoying questions arises as to what is standing in the way of establishing a true Caribbean Stock Exchange. If this newly established exchange is not fully functional and active, the Caribbean will be left on the backburner as globalization continues to transcend around the world. Before the now the established but inefficient Eastern Caribbean Securities Exchange was set up, there was difficulty in cross trading among the other exchanges in the region, they were unable to develop an appropriate structure for the market, there was also difficulties in developing a regional program that would aim to educate and promote the stock exchange and to implement mechanisms which would facilitate interested companies to invest in the market. The largest obstacle standing was the issue of the many different currencies within the region, there were countless attempts to establish one common currency, however, up until now, and there has been no progress with this issue. Should our "uncommon-ness" of currency be a problem? The European nations have a similar situation but are able to progress successfully, why is it then a thorn in our sides? Presently, there are Caribbean companies who have the ability to enlist on the Non-US standards of the NASDAQ markets. It creates curiosity as to why these same companies are not listed on the ECSE but rather on the TTSE, JSE & BSE. What then is the underlying difference among these markets?

Some topics in this essay:
National Market, Exchange Commission, Public Relationships, Recently Enron, Ltd Offering, NASDAQ ECSE, Public Firm, Securities Exchange, Barbadian Trinidadian, Ernst C’bean, securities exchange, securities board, public firm, entry fee, preliminary prospectus, private companies, caribbean stock, stock exchange, becoming public, stock market, legal accounting fees, caic ernst c’bean, public benefits responsibilities, � caic ernst, ernst c’bean nd,