Trinidad and Tobago Stock Exchange

What Trinidad and Tobago Stock Exchange does

The Trinidad and Tobago Stock Exchange (TTSE), founded in 1981 and headquartered at 10th Floor Nicholas Tower, 63-65 Independence Square, Port of Spain, is the sole licensed securities exchange in Trinidad and Tobago. The TTSE provides organized trading of equities, bonds, and mutual funds across four market segments (First & Second Tier, SME Market, Mutual Fund Market, and Government & Corporate Bond Markets), currently supporting 24 actively traded securities and a composite index market capitalization of approximately TTD 98.8 billion (USD 14.6 billion) as of July 24, 2026. Customer segments comprise listed companies seeking capital raising and liquidity, retail and institutional investors, small and medium enterprises looking for growth capital on the dedicated SME Market, and licensed member firms/brokers executing trades on the platform. The exchange operates under regulatory oversight, serving as the primary price-discovery venue for domestic securities.

The TTSE's core technology stack includes the TOP (Trading On The Go) electronic trading platform for self-serve investor trading, an E-Statements platform for digital portfolio management, and TOBI, an AI-powered capital market chatbot launched in December 2025 in collaboration with TTCD for automated market query handling. Post-trade and infrastructure services are delivered through the related Trinidad and Tobago Central Depository Limited (TTCD), which acts as custodian, registrar, paying agent, and repo custodian. TTCD additionally offers Euroclear custody (since 2014) and cross-border transfer services linking depositories in Trinidad, Jamaica, Barbados, and the Eastern Caribbean. The exchange publishes five market indices (COMPOSITE, ALL T&T, CXNI, CROSS-LISTED, and SME) and operates an SME Resource Centre with mentorship for prospective SME issuers.

TTSE generates revenue through transaction and license fees on securities trades, listing fees across multiple market tiers, recurring subscription fees for trading reports and trading system access, and professional services revenue from registrar, custody, repurchase agreements, and cross-border transfer activities delivered via TTCD. Distribution occurs through a hybrid model combining the self-serve TOP platform, a licensed broker/member firm network for traditional trade execution, and direct enterprise sales for listing services. Recent strategic initiatives include joining the UN Sustainable Stock Exchanges Initiative in July 2025, developing GSS+ (Green, Social, Sustainability Plus) Bond Issuance Guidelines, and signing a Memorandum of Understanding with PwC Trinidad and Tobago in May 2026 to support SME market development.

Name

Trinidad and Tobago Stock Exchange

Legal name

The Trinidad and Tobago Stock Exchange Limited

Website

https://stockex.co.tt

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

11–50 employees

Short description

The Trinidad and Tobago Stock Exchange (TTSE) is the licensed national securities exchange providing electronic trading of equities, bonds, and mutual funds across multiple market segments, serving listed companies, investors, licensed brokers, and SMEs in Trinidad and Tobago.

Ownership category

akta.pro rank

Product category

Stock Exchange Services

NAICS

Securities and Commodity Exchanges (523210)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Equities Trade Execution Platforms (ATS/MTF/ECN) (FSAFANAA)

akta.pro secondary industry

Government Bond (Sovereign) Trading Platforms (FSAFACAA)

Keywords

• Securities trading
• Stock exchange operations
• Capital market infrastructure
• Listing services
• Post-trade services

Headquarters

HQ city

Port-of-spain

HQ country

Trinidad & Tobago

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Transaction/License Fees: Fees charged for securities trading transactions executed on the exchange
2. Listing Fees: Fees for companies listing on the exchange across various markets (First & Second Tier, SME, Mutual Fund, Bond Markets)
3. Subscription Services: Subscription fees for trading reports and trading system access
4. Registrar Services: Services provided through TTCD for share registry management
5. Custody Services: Safe keeping of physical certificates and securities through TTCD

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

The Trinidad and Tobago Stock Exchange operates a regulated national securities marketplace offering equities, bonds, and mutual funds trading across multiple market segments (First & Second Tier, SME, Mutual Fund, Government & Corporate Bond). The exchange provides an electronic trading platform (TOP), subscription-based market data and trading system access, E-Statements services, and market indices, while post-trade services (custody, registrar, repurchase agreements, Euroclear custody, cross-border transfers) are delivered through partner TTCD.

Product overview

The Trinidad and Tobago Stock Exchange (TTSE) operates as a unified trading platform offering equities, bonds, and mutual funds trading through its Online Trading Platform (TOP). The exchange is supported by the Trinidad and Tobago Central Depository Limited (TTCD), which provides post-trade services including custody, registrar, repurchase agreements, Euroclear custody, and cross-border transfer services. Additional offerings include E-Statements for digital portfolio management and subscription-based Trading Reports and Trading System access. The exchange publishes multiple market indices (COMPOSITE, ALL T&T, CXNI, CROSS-LISTED, SME) and recently launched TOBI, an AI-powered chatbot for capital market inquiries.

Differentiator

Problem solved

Functional benefit

Products and services

• Online Trading Platform (TOP) Electronic trading platform enabling investors to trade equities, bonds, and mutual funds listed on the TTSE directly online.
• E-Statements Electronic statement service for shareholders to view and manage investment portfolios and transaction history digitally.
• Trading Reports Subscription Subscription-based access to detailed trading reports and market data for investors and market participants.
• Trading System Subscription Subscription service providing access to the TTSE trading system infrastructure for market data and execution.
• Custody Services Safe keeping of physical certificates through the Trinidad and Tobago Central Depository Limited (TTCD).
• Registrar Services TTCD Registrar Department acts as Registrar or Paying Agent for companies listed on the TTSE.
• Repurchase Agreements (Repos) TTCD acts as third party custodian ensuring repo buyers' interests are protected in repurchase transactions.
• Euroclear Custody International custody service through Euroclear Bank collaboration enabling local custody of foreign securities owned in Trinidad and Tobago.
• Cross Border Transfers Facilitates transfer of shares between depositories in Trinidad, Jamaica, Barbados, and Eastern Caribbean for trading or safe keeping.
• Market Indices Various market indices including COMPOSITE, ALL T&T, CXNI (Caribbean Exchange Index), CROSS-LISTED, and SME indices tracking market performance.
• TOBI (Trading On Basic Intelligence) AI Chatbot AI-powered capital market chatbot launched December 2025 in partnership with TTCD, providing automated responses to capital market queries for investors.
• Listing Services Listing of equities, bonds, and mutual funds across multiple market segments (First & Second Tier, SME Market, Mutual Fund Market, Government & Corporate Bond Markets) with associated listing fees.

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability2 records

Feature3 records

Partnerships

Four partnerships are on record, tiered major and core.

• PwC Trinidad and TobagomajorStrategic or Co-development Partner · 14 May 2026Signed a Memorandum of Understanding in May 2026 to support SME market awareness and capital market development. PwC provides expertise for enhancing market education and promoting the SME listing market.
• United Nations Sustainable Stock Exchanges InitiativemajorStrategic or Co-development Partner · 16 July 2025TTSE joined the UN SSE Initiative in July 2025, demonstrating commitment to sustainable finance and ESG disclosure standards. The exchange is developing GSS+ (Green, Social, Sustainability Plus) Bond Issuance Guidelines.
• Euroclear BankcoreTechnology or Integration · 1 January 2014Strategic collaboration established in 2014 for Euroclear custody services. TTCD provides local custody services to the market for foreign securities owned locally, enabling cross-border transfers with depositories in Trinidad, Jamaica, Barbados, and Eastern Caribbean.
• Trinidad and Tobago Central Depository Limited (TTCD)coreStrategic or Co-development PartnerTTCD is a related entity that provides custody services, registrar services, and settlement infrastructure for the TTSE. Together they launched the TOBI AI chatbot in December 2025. TTCD offers Euroclear custody services for cross-border transfers and repurchase agreements.

Scale indicators4 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Bahamas International Securities Exchange (BISX): BISX is a small Caribbean national securities exchange listing primarily Bahamian equities and debt instruments with similar scale dynamics to TTSE. Both operate as regulated multi-segment venues serving thin local capital markets within the broader Caribbean financial ecosystem.
• Barbados Stock Exchange: The Barbados Stock Exchange is a small Caribbean national exchange offering equity and debt securities trading with a similar small-cap, multi-segment structure. TTSE and BSE are explicitly connected through the regional cross-border transfer network spanning Trinidad, Jamaica, Barbados and the Eastern Caribbean.
• Jamaica Stock Exchange: The Jamaica Stock Exchange operates the other major English-speaking Caribbean national securities exchange, offering equities, bonds and structured products across main and junior markets with comparable listing, trading and depository infrastructure. It is the closest functional peer to TTSE given similar product set, English-Caribbean regulatory environment, and cross-border Caribbean linkages.
• Eastern Caribbean Securities Exchange (ECSE): The ECSE is a regional Caribbean exchange serving OECS member states with equities and debt securities, structured as a smaller multi-country trading venue. It is materially comparable to TTSE's SME market in scale and product mix and is an integrated regional counterpart for cross-border transfers.

Broad incumbents

• London Stock Exchange Group: LSEG operates multiple global equity, bond and ETF venues and post-trade services including clearing via Euroclear, which is TTSE's own custody partner. LSEG illustrates the upside trajectory of an exchange operator that successfully expands into post-trade, data and adjacent services.
• TMX Group: TMX Group operates the Toronto Stock Exchange and TSX Venture Exchange (a well-known junior/SME market), TSX Alpha, Montreal Exchange and related post-trade infrastructure. Its integrated multi-tier exchange model is structurally analogous to TTSE's First & Second Tier plus SME Market combination.
• Intercontinental Exchange (NYSE): NYSE, operated by Intercontinental Exchange, is a large global incumbent exchange group with equities, options and fixed-income trading venues. It serves as the benchmark comparable for how mature exchange operators monetize listings, market data and transactions at scale.
• Nasdaq, Inc. Nasdaq operates a major global exchange with technology platform licensing and market data services in addition to listings. Its technology-licensing model is a useful structural comparable for how a national exchange like TTSE can evolve trading infrastructure products.

Regional players

• Cayman Islands Stock Exchange: The Cayman Islands Stock Exchange is a specialized Caribbean venue primarily listing debt securities, preferred shares and investment funds for international issuers. While it shares the regional footprint with TTSE, it competes more for international debt and fund listings than for Caribbean equities.
• Bermuda Stock Exchange: The Bermuda Stock Exchange is a small offshore-focused Caribbean securities exchange listing predominantly debt and investment vehicle securities for international issuers. It competes for Caribbean and offshore listings although it is a different mix of products from TTSE's domestic-equity focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ttstockex
• LinkedInlinkedin.com/company/ttstockex
• Instagraminstagram.com/ttstockex
• Xx.com/TTStockEx

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trinidad and Tobago Stock Exchange