Haitian Stock Exchange

The Haitian Stock Exchange (HSE) was founded in 2007.

The overall aims of the exchange are to encourage the formation of new businesses and the general expansion of the economic sector, to facilitate the flow of capital into Haiti and the growth of per capita income, and to reduce poverty and increase the aggregate level of output, employment and wealth. The main hindrances obstructing the establishment of this exchange are a lack of financial infrastructure to attract capital, insufficient capital investment per worker and the inadequate utilisation of human capital.

The formation of the Haitian Stock exchange has been led by a New York registered trading company called GLTG, which intends to establish a “Societe Anonyme” (equivalent to a PLC) to be named Societte Haitienne de Valeurs Mobilieres and to float it on the HSE. In response, the HSE, according to its website, will endeavour to develop a securities market in Haiti; to organise primary and secondary markets for fixed income and common stocks; to train and recruit personnel; to create the alliances and the institutional framework necessary to support the operation of a securities market; to conceive the regulatory requirements for listing on Haitian market and for affiliation with the HSE; and finally to secure listing for Haitian companies listed on the Haitian market.