KINGSTON, Jamaica — The Jamaica Stock Exchange’s (JSE) fixed income trading platform is set to go live on Wednesday, enabling investors to trade domestically-issued Government of Jamaica (GOJ) securities.

This was revealed by the JSE on Monday which noted that the platform will go live on March 25. The platform was 93 per cent complete, according to the Bank of Jamaica’s (BOJ) 2025 annual report. GOJ securities include investment notes, treasury bills, local registered stock, bonds, promissory notes and debentures.

“The main objective is to enable price discovery through an enhanced framework for secondary market trading of GOJ securities,” the BOJ stated.

Currently, GOJ securities are held at the BOJ’s JamClear®-CSD depository. The introduction of this platform would enable owners of GOJ debt to increase or decrease their exposure to these assets. This trading creates price discovery for these GOJ securities while promoting greater market liquidity.

The NASDAQ Matching Engine (NME) is the name of the platform. Deposit taking institutions or banks were given a special designation to be onboarded to JSE NME, with system updates supporting their reporting requirements.

Finance Minister Fayval Williams revealed on March 10 that the platform was set to be launched in the near term as part of the strategy to modernise the domestic debt market. Williams made several other announcements during her budget presentation on reforms to support the securities and pension sectors unlock additional capital.

This is the latest JSE platform to be launched after the JSE USD Bond Market and JSE Private Market. Investors are currently awaiting other JSE initiatives to be launched, namely the Micro Market and short selling of securities.