How can a stock market succeed if there are very few stocks?
Most stock markets round the world excluding the senior markets of New York, Tokyo, London and Frankfurt concentrate the major volume of trading activity on a relatively small number of stocks. This is particularly true in the Caribbean. Whatever the size of the market and whatever the number of securities traded, it is essential to match costs to expenditure. Very small informal exchanges can succeed and fulfil their economic function just as well as large formal exchanges.
