Edward Seaga was instrumental in the establishment and promotion of several institutions in independent Jamaica. One of them was the formation of the Jamaica Stock Exchange in 1969. This is how The Gleaner covered that event.

Published February 1, 1969

The Daily Gleaner, Page 1

Stock Exchange opened

Seaga: Chance for public to make investments

TWO objectives for the Jamaica Stock Exchange - the opening up of the capital market for the assistance of companies in Jamaica, and the opening of the doors to those companies of Jamaican investors – were named by Minister of Finance and Planning, the Hon. Edward Seaga, yesterday afternoon (January 31, 1969) .

Declaring open the Exchange, which will start trading on Monday morning, Mr. Seaga said it was the hope of the Government that the Exchange would provide the opportunity for private companies to go public, so as to allow members of the community to have a share in the ownership of the means of production of the country.

Mr. Seaga said It was about four months ago that there was it ceremony to mark the inauguration of the Jamaica Stock Exchange, which took place on September 16, 1968. Now, they were marking the formal opening of the Jamaica Stock Exchange and the start of trading activities which Monday next.

During the interval from September to now, he said, the Jamaica Stock Exchange had formulated the rules under which it would, operate and a great deal of co-operation had taken place between the  parties who had a vital interest in the matter.

These included the Bank of Jamaica, the Ministry of Finance, and the brokers, who with the "Invaluable assistance" of Mr. Mansell Ketchin, of the Toronto Stock Exchange, who was loaned to Jamaica for the purpose, had succeeded in putting together all the rules and regulation which would govern the activities of the Exchange in the coming years.

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