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Regional Schools Investment Competition (RSIC) 

Regional Schools Investment Competition (RSIC) 

  1. Introduction 

The Regional Schools Investment Competition is a dynamic learning experience for high school and first-year college students as future investors. The investment game introduces the students to investing and more specifically to investing via the Eastern Caribbean Securities Exchange. The initiative provides the opportunity for students to experience securities market activity firsthand. Participants will have the opportunity to test their knowledge while gaining useful investing insights and skills. 

The Eastern Caribbean Securities Exchange (ECSE) and its partners (the licensed, member broker dealers and the Eastern Caribbean Securities Regulatory Commission (ECSRC) are committed to this education and awareness thrust targeting young people, to stimulate and provide a pathway to young investors toward the advancement of money and capital market development in the Eastern Caribbean Currency Union. 

  1. Competition Objectives 
  • To spread awareness to the youth (and by extension to their teachers and parents) of the existence of the ECSE, the Eastern Caribbean Securities Market (ECSM), the Regional Government Securities Market (RGSM), the ECSRC and the ECSE licensed member broker dealers. 
  • To introduce and educate the youth population (across the ECCU) about Investing in Securities on the ECSM and RGSM. 
  • To spread awareness to the youth regarding the process of trading securities and the role of the broker-dealer. 
  • To excite and inspire young people to learn more about investing and to become active market participants in the future. 
  1. Eligible Participants 
  • 3rd form through 5th form (grades 9-11) high school students and 1st year 6th form/college students in the Eastern Caribbean Currency Union (i.e., Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Lucia, St. Kitts and Nevis, St. Vincent and the Grenadines). 
  • A maximum of one group per school. The number of students per group can range from 4 to 6 students competing in the Investment Game. For countries with only one school participating, the school may opt either to i) forego the Intra-Country stage and enter directly into the regional stage of the competition; or ii) enter up to three groups from that school in the Intra-Country portion of the competition. 

Please note that: 

  • The school administration would determine the composition of the competing group(s) and which teacher(s) will be assigned to lead the competing group(s). There should be a minimum of one teacher assigned to assist each competing group. 
  • Teams should conceive of their own group names and have fun with it. They are to be creative and use good judgment. Team names may not contain or connote any offensive, vulgar or inappropriate language or idea. 
  1. Format of Competition 
  • The competition will be administered in two parts: 
  1. 1ST Phase – Intra-Country Competition:  The competing school groups will compete among the groups in their respective country. Therefore, for the Intra-Country portion of the competition, on completion of the evaluation, and once all ECCU member countries participate, there should be eight (8) teams adjudged as winners representing each of the eight of the ECCU member countries competing.  
  1. 2nd Phase – Regional Competition: The eight schools, one from each ECCU member country, which won the Intra-Country segment of the competition, will move on to compete in the Regional Segment of the competition representing their school and country. 
  1.   

a.  A virtual Investment Education Webinar will be held on the morning of Thursday 26th September. The webinar is an educational initiative to provide students with information on investing, types of financial securities and the securities market and the importance of investing. The session will also provide insights into how the Eastern Caribbean Securities Market works and the role of the various market institutions and stakeholders. This session will be open to as many students as the schools can accommodate and it would be left to the schools to determine which students will be exposed to the sessions. It is expected that the students and teacher guides taking part in the competition will also be present for the Information Sessions. 

b. The competition briefing will be held virtually on Thursday 3rd October 2024. This session will be used to discuss the format and rules specific to the Investment Competition and allow for any questions and clarifications before the commencement of the competition. 

  1. Competition (Performance) Evaluation – To Determine winning group/school. 
  1. Phase 1: Intra-Country Investment Competition: 
  • 60% weighting – portfolio valuation 
  • The cash on hand + the value of the securities in the portfolio at the end of the trading period. 
  • 40% weighting – Evaluation of Trading Notes. Each group will need to prepare a note for each purchase or sell order. The note should specify the rationale/investment strategy for the purchase/sales orders. 

The group in each of the eight ECCU member countries with the highest overall score will be adjudged the winner for that country. The top performing group per country will move on to participate in the Regional Competition. 

  1. Phase 2: Regional Investment Competition: 
  • 60% weighting – portfolio valuation 
  • The cash on hand + the value of the securities in the portfolio at the end of the trading period. 
  • 40% weighting – investment competition presentation (to be recorded and submitted in mp4 format by each competing group). 

The Presentation should include the following: 

  • Team Introductions 
  • How did you decide on what to buy, and how much to buy? 
  • Include all factors that impacted your decisions. 
  • How did you decide on what to sell, and how much to sell? 
  • Include all factors that impacted your decisions. 
  • What would you have done differently if you were to be afforded the opportunity to compete again? 
  • What did you learn from participating in the Investment Challenge? 

The group with the highest overall score will be judged the winner. 

NOTE: The evaluation criteria will be provided to the Competing groups prior to the competition. 

  1. Prize Giving 

The Intra-Country winners as well as the overall regional champion will be announced via the media houses and social media. 

  • Intra-Country Winners will receive: 
  • A plaque in recognition of their win, to showcase at their respective schools. 
  • Participating students and their teacher guide(s) would receive certificates of achievement and a gift bag. 
  • Overall Regional Competition Winner will receive: 
  • Monetary prize of EC$5,000 for the school. 
  • A cash prize of EC$150.00 for each of the students in the group. 
  • A certificate of achievement for each of the student members and a certificate of recognition for the role the teacher(s) played in assisting the students. 
  • A Rotational Champion Trophy. 
  • There will also be prizes awarded to the Runner Up in the Regional Competition as prizes for top video submissions. 

The competition is an annual event held October-November.  To register for an upcoming competition, click on the link below. 

REGISTRATION (October-November 2025) Competition: (insert link to upcoming competition) 

MEDIA RELEASES: (insert include link to press releases related to the RSIC competitions) 

DIRECTORS’ EDUCATION & ACCREDITATION PROGRAMME 

DIRECTORS’ EDUCATION & ACCREDITATION PROGRAMME 

The Directors’ Education and Accreditation Programme (DEAP) has been developed for directors of public and private companies, and not-for-profit or governmental organisations, and those considering becoming a director of such an organisation. It provides a forum for a frank, incisive and insightful discussion on the duties and responsibilities of a director, and the exploration of the requisite skills for, and the legal ramifications of, being a director.  

DEAP is a sharply focused program, delivering critical content in a condensed period. It is designed for busy people who want to get what they need in a timely fashion.  

Shortly after pre-registering for DEAP, participants will receive a link to register with the Chartered Governance Institute of Canada (CGIC) to access the course material for each of the modules for pre-course preparation. The workshop will be three days in duration and will be a mix of presentations, discussions, case studies and a knowledge assessment (quiz) for each module.  

Upon successful completion, participants will be awarded the Accredited Director designation (Acc.Dir.) by the CGIC and be granted membership in CGIC’s Affiliate Group. As an Affiliate Group member, you will have a subscription to Corporate Governance Quarterly, CGI of Canada’s premier publication on good governance practice; access to special rates for seminars, workshops, and other continuing professional development opportunities; and the same benefits package extended to its other professional members. 

The details of the course are as follows: 

Programme: The course is delivered in three modules, namely, i) Governance for Directors, ii) Strategy and Risk Management, and iii) Finance for Directors 

Duration: 3 days, with 1 full day learning workshop for each module, consisting of presentations, discussions, and case studies. 

Assessment:  At the end of each day there will be a knowledge assessment exercise (completed in class). Participants must be successful on each module’s knowledge assessment to be granted accreditation. 

Faculty: Facilitators are drawn from a team of experienced Canadian and regional academics and practitioners. 

Material: The course material are provided to participants in electronic form after full registration. 

Dates for upcoming DEAPs (Open Sessions) 

SESSION DATES  LOCATION TYPE 
Sept 22nd– 24th 2025 Online Open 
Nov 17th – 19th 2025 In Person – Country to be confirmed Open 

Fees:  The registration fee is set in advance of each DEAP session.  This fee will varydepending on several factors, including whether the session is held ‘Online’ or ‘In Person’, and the location/venue.  ‘Early Bird’ specials and discounted rates for ECSE affiliates and CGIC members will also apply.   

Once registration opens for an upcoming DEAP, the details of the applicable fees will be provided. The link to the details of the DEAP and registration form will be available on this information page and a link will be posted below under ‘Registration Link for the upcoming DEAP’. 

Dedicated DEAPs 

Organisations can request a dedicated DEAP exclusively for their Directors/Senior Managers.  This option typically requires a minimum of 15 participants.  Persons interested in this option can contact the ECSE at info@ecseonline.com  

REGISTRATION LINK FOR UPCOMING DEAP 

(To insert the link to the DEAP page once registration is open for an upcoming DEAP).   

ECSE-PBC Governance CPD Webinar Series

Corporate Governance continues to evolve rapidly over the years.  The demands on directors and governance professionals are exponentially higher, and the level of technical expertise allied to a range of communication and emotional intelligence skills required has never been greater. With the heightened focus on the role of the Board and increasing demands on directors, it is critically important that directors are equipped for these responsibilities.  This also brings new opportunities for governance professionals to provide exceptional service and wield influence at the core of their organization; to become trusted advisors to the board and senior management; to become role models for ethical conduct and leaders in their own right. This rapid evolution demands that directors, company secretaries and other governance professionals must continually refresh their skills to remain relevant.  

  

The Eastern Caribbean Securities Exchange Ltd (ECSE) has long championed high standards of Governance in public and private sector corporations across the region.  It has collaborated with various partners on the Caribbean Corporate Governance Forum, formulated, jointly with the Eastern Caribbean Central Bank, the Caribbean Corporate Governance Principles, and, in conjunction with the Chartered Governance Institute of Canada, has been delivering in the Caribbean, the seminal director education program, the DEAP.   

The ECSE, as a part of its 20th anniversary celebrations (celebrated October 2021), teamed up with Perfect Balance Consulting (PBC) to launch a program of webinars, the ECSE-PBC Governance CPD Webinar Series.  These webinars focus on current governance topics to educate, encourage professional dialogue, and enhance the governance principles and practices of Directors, Executives and Governance Professionals throughout the region. The webinars are facilitated by experienced and influential regional and global governance practitioners and are held quarterly. 

Dates for Upcoming Webinars – 9:00 am to 10:30 am (UTC-4): 

  1. Wednesday 17th September 2025 on the topic: ‘Creating Value through Stakeholder Governance’. 
  1. Wednesday 3rd December 2025 on the topic: ‘Building Crisis Resilience’. 

REGISTRATION LINK FOR UPCOMING WEBINAR 

(To insert the link to the ECSE-PBC Governance CPD Webinar page once registration is open for an upcoming DEAP).   

ECSE Webinar Portal

For persons who wish to purchase and view the video recordings of the webinars can do so by registering to access the ECSE Webinar Portal.   

Click the link below to learn more about the CPD webinar portal to gain access to the CPD video presentations. 

ECSE Webinar Portal

Webinar Recordings

Welcome to the
ECSE Video Portal

Available Recordings

Presented by Paul Dubal, a governance professional with over 25 years or corporate secretarial, corporate governance and regulatory experience both in house and as a professional services consultant in the United Kingdom, Canada, Caribbean and the Middle East.

Helping boards understand how the right board dynamics can have a significant impact on their ability to perform effective oversight over management performance, and what they can do to contribute to creating the right systems, processes and behaviours. Click here to read the full synopsis

Presented by Ms Janis Riven, who has an established consulting practice on governance and compliance matters with clients encompassing publicly listed and closely held companies, as well as various types of not-for-profits, and is currently Adjunct Professor at the John Molson School of Business, Concordia University, where she teaches Corporate Governance.

This webinar will explore the key components of and useful tools for ensuring meetings can be both effective and efficient. From creating an agenda to reaching decisions, we will discuss emerging practices (especially in the virtual world) to provide participants with the tools needed to have a successful meeting. Click here to read the full synopsis.

Presented by Sylvia Groves, FCG, Acc.Dir. and President of Governance Studio.  This session will take a deep-dive into the modern twists that abound for this most-trusted advisor to the Board on all governance-related matters.

Participants will walk away with a complete understanding of the challenges and opportunities faced by corporate secretaries as the evolution of the role continues at pace. Click here to read the full synopsis.

EC-TSM FAQs

FAQ’s: Your Questions Answered.  

  1. What is a Tokenized Security?  
  • A tokenized security is a digital representation of a traditional financial asset, such as stocks or bonds, on a blockchain. This allows for easier transfer, increased liquidity, and fractional ownership while maintaining regulatory compliance similar to traditional securities. 
  1. Are Tokenized Securities Regulated? 
  • Yes, EC tokenized securities are subject to financial regulations similar to traditional securities. Issuers must comply with securities laws and regulations in the jurisdictions where they operate, and investors have similar protections as they would in traditional markets. The Eastern Caribbean Securities Regulator Commission is the Regulator for the EC-TSM. It operates under the Securities Act enacted in all eight ECCU member countries, namely: Anguilla; Antigua and Barbuda; Dominica; Grenada; Montserrat; Saint Lucia; St. Kitts and Nevis and St. Vincent and the Grenadines. 

3. How Do I Invest? 

To invest in tokenized securities on the EC-TSM, you need to contact one of the licensed, ECSE member Broker-dealers to set up your account.  The Broker-Dealer will review and approve your application, provide the necessary onboarding so that you can access your digital wallet online and place your buy or sell orders directly. 6. What Are the Risks Involved? 

  • Risks may include market volatility, cybersecurity threats, and liquidity challenges. As with any investment, it’s essential to speak with a broker dealer, conduct thorough research and consider your risk tolerance before investing. 

4. Can I Sell My Tokenized Securities Anytime? 

  • While tokenized securities can be traded on secondary markets, liquidity may vary depending on the asset and market conditions. Some tokenized securities might have lock-up periods or restrictions on when they can be sold. 

5. What is the Difference Between Tokenized Securities and Cryptocurrencies? 

  • Tokenized securities represent ownership in real-world assets like stocks or real estate, while cryptocurrencies are digital assets that may not be backed by any physical asset. Tokenized securities are regulated and offer legal rights, whereas many cryptocurrencies do not. 

6. How is My Investment Secured? 

  • Investments in tokenized securities are secured using blockchain technology, which provides a transparent and tamper-proof record of transactions. Additionally, regulatory oversight and smart contracts help ensure that investor rights are protected. 

7. What Happens If the Underlying Asset of a Tokenized Security Loses Value? 

  • If the value of the underlying asset decreases, the value of the tokenized security will likely decrease as well. Investors in tokenized securities are subject to the same market risks as those holding traditional securities. 

8. Do I Need a Digital Wallet? 

  • Yes, you typically need a digital wallet to store, send, and receive your tokenized securities. The wallet stores the private keys required to access and manage your tokens on the blockchain. 

9. How Do Dividends or Earnings Work on the EC-TSM? 

  • Dividends or earnings from tokenized securities are usually distributed automatically through smart contracts on the blockchain. These payments are made in accordance with the terms set out by the issuer of the tokens. 

10. Can Tokenized Securities Be Used as Collateral? 

  • Yes, tokenized securities can potentially be used as collateral for loans or other financial agreements, depending on the terms set by the lender and the platform. This can provide additional liquidity and financing options for investors. 

EC-TSM Investors

BENEFITS FOR INVESTORS  

  • 24/7 Trading  
  • Increased Liquidity 
  • Lower Fees 
  • Global Access 
  • Enhanced Security  
  • Faster Settlements  
  • Automated Compliance 
  • Portfolio Diversification 

Getting Started  

Step 1: Create an Account 

Contact a Regulated Broker-Dealer Sign up for an account by providing personal information, verifying your identity (KYC), and completing any required compliance checks. 

Step 2: Fund Your Account 

Deposit funds into your account. After depositing funds, your account balance will reflect the available amount for trading. Some platforms might also require you to convert your funds into a stablecoin or specific cryptocurrency for trading. 

​​​Step 3: Start Trading Tokenized Securities 

Browse the available tokenized securities on the platform. Research the assets you’re interested in, such as tokenized stocks or bonds. Place buy or sell orders based on your investment strategy. Once your order is matched with a seller or buyer, the transaction will be processed, and your digital wallet will be updated with the tokenized securities you purchased. 

Securities Listed/Available on the EC-TSM:  

Learn more about these bonds, companies/IPO’s

EC-TSM Issuers

BENEFITS FOR ISSUERS  

  • Access to a Broader Investor Base 
  • Increased Liquidity 
  • Lower Issuance Costs 
  • Faster Capital Raising 
  • Market Access  
  • Enhanced Transparency 
  • Regulatory Compliance Automation 
  • Customizable Securities 
  • Global Reach 
  • Efficient Asset Management 
  • Real-Time Data and Reporting 

Getting Started  

Step 1: Engage a Regulated Broker-Partner with a regulated broker-dealer to facilitate the tokenization process, manage investor relations, and assist with regulatory filings. 

Step 2: Tokenization and Platform Listing – Convert the company’s assets into digital tokens and list them on the EC-TSM, making them available for trading. 

Licensed Broker Dealer Members

Meet EC-TSM’s Broker Dealer Members: 

The EC-TSM operates under a comprehensive regulatory framework, ensuring that all processes are conducted with utmost transparency and accountability. The EC-TSM is regulated by the Eastern Caribbean Securities Regulatory Commission (ECSRC). The use of blockchain and other digitization technology adds additional layers of protection providing preventive measures to potential market manipulation giving strong investor protection and issuer confidence. Licensed member broker-dealers are the market intermediaries that facilitate market transactions on behalf of issuers and investors.  

Licensed Broker Dealers

Eastern Caribbean Tokenized Securities Market (EC-TSM)

About the Eastern Caribbean Tokenized Securities Market (EC-TSM)
Harnessing the power of the latest technology, the Eastern Caribbean Tokenized Securities Market (EC-TSM) offers a regulated digitized securities market, enhancing accessibility and facilitating entry to a new dynamic investment landscape. The EC-TSM uses blockchain technology and provides end-to-end, plug-and-play support for listing, trading, clearing and settlement of digital assets such as Tokenized IPOs and digital currencies for all market participants.

Explore Further:
About the EC-TSM Platform

Regulated Broker Dealer Members:
The EC-TSM operates under a comprehensive regulatory framework, ensuring that all processes are conducted with utmost transparency and accountability. The EC-TSM is regulated by the Eastern Caribbean Securities Regulatory Commission (ECSRC). The use of blockchain and other digitization technology adds additional layers of protection providing preventive measures to potential market manipulation giving strong investor protection and issuer confidence. Licensed member broker-dealers are the market intermediaries that facilitate market transactions on behalf of issuers and investors.

Explore Further:
Licensed Broker Dealer Members


Inclusive Opportunities:
This market serves as a gateway to a wide spectrum of investors, enabling individuals at every level to engage in the market, thus democratizing investment opportunities. Through inclusivity, we strive to level the playing field and create equal access to wealth-building opportunities.

Discover New Asset Classes:
Explore a universe of untapped potential with EC-TSM’s diverse array of asset classes. From equity tokens, real estate tokens to more dynamic tokens such as intellectual property tokens, this market provides access to innovative investment opportunities that transcend traditional market boundaries, opening doors to new avenues of growth and prosperity. This market only supports securities that take advantage of the power of the blockchain and does not engage in fads, memes or other items often seen on unregulated marketplaces.

Powerful Mechanisms for Issuers:
For issuers, the EC-TSM offers powerful mechanisms to raise capital and gain liquidity for their investors. With streamlined processes for regulatory approval and access to a broad investor base, issuers can efficiently raise funds and unlock growth potential for their ventures.

Explore Further:

Experience a new era of digital asset investing, where regulation, technology, and inclusivity converge to unlock boundless opportunities for all.

About the EC-TSM Platform

The EC-TSM platform is designed with several security features to protect investors and ensure the integrity of transactions. Here’s how:

1. Blockchain Technology

Transactions are recorded on a blockchain, creating an immutable and tamper-proof ledger. Once a transaction is recorded, it cannot be altered or deleted, reducing the risk of fraud and tampering. Blockchain networks are decentralized, meaning there is no single point of failure. This decentralization helps protect against hacking and system failures.

2. Smart Contracts

Smart contracts are self-executing agreements coded into the blockchain that automatically enforce the terms of the securities, including compliance with regulations and transaction rules. By automating processes, smart contracts minimize human errors and reduce the potential for fraud.

3. Cryptographic Security

Blockchain uses advanced cryptographic techniques to secure data, including public-key cryptography for secure transactions and identity verification. Private keys are required to access and manage tokens, ensuring that only authorized parties can control or transfer assets.

4. Regulatory Compliance

Our tokenized securities platform incorporates Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to verify the identities of participants and prevent illegal activities. Blockchain provides a transparent and auditable record of all transactions, making it easier to monitor and verify compliance with regulations. The overall EC-TSM will be regulated by the regional regulator, the Eastern Caribbean Securities Regulatory Commission (ECSRC).

5. Secure Wallets

Tokens are stored in digital wallets with robust security features, such as multi-factor authentication (MFA) and encryption, to protect against unauthorized access.

6. Network Security

Blockchain networks use consensus mechanisms (e.g., Proof of Work, Proof of Stake) to validate transactions and maintain network security, making it difficult for malicious actors to alter transaction records. Our platform undergoes regular security audits and vulnerability assessments to identify and address potential risks.

7. Robust Infrastructure

Our platform has redundant systems and backup procedures to ensure data integrity and availability even in the event of technical issues.

BENEFITS OF THE EC-TSM:

Increased Liquidity: EC-TSM allows for large, traditionally illiquid assets like private equity to be divided into smaller, more tradable units. This fractionalization enables a broader investor base and more frequent trading, thereby increasing liquidity.

24/7 Trading: Tokenized assets can be traded on the EC-TSM platforms 24/7, unlike traditional markets that operate within specific hours.

Greater Accessibility: On EC-TSM, investors can buy fractions of high-value assets, making it easier for smaller investors to participate in markets. Tokenized assets can be bought and sold by anyone with internet access, enabling global participation and diversifying the investor base.

Improved Transparency: Blockchain technology ensures that all transactions are recorded on a transparent and immutable ledger, providing a clear and auditable history of asset ownership and transactions. Provides real-time market capitalization.

Enhanced Efficiency: EC-TSM leads to faster settlement times and significantly reduces administrative overhead and operational delays.

Portfolio Diversification: Investors can more easily diversify their portfolios by acquiring small stakes in a wide range of tokenized assets, spreading risk across multiple sectors.

Innovation in Financial Products: Issuers can create tailored financial products that meet specific investor needs, such as tokenized derivatives or hybrid tokens that combine features of equity and debt.

Friendly for Early-Stage Companies. Low-cost platform, streamlined, and no naked costs.

Regulatory Compliance: Integrated KYC/AML – incorporates Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols directly into the tokenization process, ensuring that all participants comply with regulatory standards.

Historical Trades

Historical Prices