Antigua Commercial Bank (ACB) and the St Kitts Nevis Anguilla National Bank (SKNANB) have been licensed by the Eastern Caribbean Securities Regulatory Commission to operate as full service broker-dealers in the Eastern Caribbean Securities Market.
As full service broker-dealers, the Antigua Commercial Bank and the St Kitts Nevis Anguilla National Bank can now trade on behalf of investors on the Eastern Caribbean Securities Exchange, and offer advice on the purchase and sale of securities, as well as on financial planning and the issue of new stocks.
The licensing of these two broker-dealers brings to six the number of intermediaries operating on the Eastern Caribbean Securities Market. The other four intermediaries, licensed since the start of the ECSM in October 2001, are Antigua Barbuda Investment Bank, Bank of Nevis, Bank of St Lucia and National Commercial Bank, St Vincent and the Grenadines.
