The Trinidad and To­ba­go Stock Ex­change Lim­it­ed (TTSE) has an­nounced the launch of its on­line trad­ing plat­form, TOP (TTSE On­line Plat­form), which al­lows for the buy­ing and sell­ing of se­cu­ri­ties on­line.

In a re­lease the TTSE not­ed that the on­line trad­ing plat­form, which went live on Ju­ly 31, is one of many strate­gic ini­tia­tives the Stock Ex­change has in the pipeline, and aims to pro­vide a more ef­fi­cient and faster means to stock trad­ing.

TTSE Chief Ex­ec­u­tive Of­fi­cer, Amoy Van Lowe said: “TOP is most def­i­nite­ly a game-chang­er for the in­vest­ing pop­u­la­tion, as it al­lows for the em­pow­er­ment of new and ex­ist­ing in­vestors, the stim­u­la­tion of trad­ing and the growth and evo­lu­tion of the lo­cal stock mar­ket.”

Through TOP, she in­dict­ed an in­vestor can buy and sell any se­cu­ri­ty list­ed on the TTSE, such as stocks, mu­tu­al funds and cor­po­rate bonds, with the on­ly ex­cep­tion be­ing Gov­ern­ment Bonds.

In­vestors with a TOP ac­count may ac­cess the plat­form from any elec­tron­ic de­vice, by log­ging on to top.stock­ex.co.

TOP al­lows in­vestors to en­ter or­ders 24 hours a day, sev­en days a week.

Once an or­der has been placed out­side of Mar­ket Pre-Open Hours (8.00am to 9.30am) or Mar­ket Open Hours (9.30am – 12 noon), the or­der will be queued and ex­e­cut­ed at the start of Mar­ket Pre-Open Hours on the next trad­ing day.

Ad­di­tion­al­ly, TOP al­so al­lows the user to view re­al-time move­ments in their port­fo­lio and the stock mar­ket, and man­age mul­ti­ple trad­ing ac­counts on the plat­form.

Van Lowe added that the TTSE rec­og­nized the need for change on the lo­cal stock mar­ket and this is ev­i­dent through its new brand iden­ti­ty and web­site, which it launched at the end of Ju­ly 2020.

She not­ed that the TTSE’s goal is to widen the trad­ing op­tions for ex­ist­ing in­vestors and ad­di­tion­al­ly, to at­tract and en­gage new in­vestors to trade on the stock mar­ket.

Ac­cord­ing to Van Lowe: “Re­al­is­ti­cal­ly, Mil­len­ni­al­ist s and Gen­er­a­tion Z, are the fu­ture in­vestors and en­tre­pre­neurs in T&T and it is im­por­tant that we adapt to meet their ex­pec­ta­tions and that of the mar­ket.”

With the shift in dig­i­tal tech­nol­o­gy over the past decade and more, Van Lowe ex­pressed that on­line ac­ces­si­bil­i­ty is key to mak­ing the next in­vest­ment move and ac­knowl­edged that the TTSE sup­ports that, es­pe­cial­ly with TOP.