COVID 19 and the Local Securities Industry

COVID 19 and the Local Securities Industry

At the onset of the Coronavirus (“COVID-19”) pandemic, the Trinidad and Tobago Securities and Exchange Commission (TTSEC) began monitoring the impact of COVID 19 on the local securities market. In this article, we will examine the performance of our local Equities and Collective Investment Schemes (CIS) markets for the year 2021, after almost two years of responding to the effects of the pandemic.

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Capital requirements for market intermediaries

What is Capital and Regulatory Capital?

In business terms, capital typically refers to the financial resources a company utilizes to fund its operations. Financial resources are however, not limited to only cash. Rather, it refers to the assets held on an entity’s balance sheet and include cash, cash equivalents, property, and buildings among other assets. Capital is used by companies in their continued production of goods and services to generate wealth for the company. Therefore, when one speaks of raising capital, this refers to a company issuing debt or equity in exchange for cash that would be channelled into production of its goods and/or services.

While there are many types of capital, in finance and economics, there are three basic categories. These three categories of capital are Debt Capital, Equity Capital, and Working Capital. Debt

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Beware of Bias when Making Financial Decisions- Part 2

In this concluding article, focused on how bias affects our financial decisions, we delve deeper into the psychological aspect of financial decision-making. Last week we introduced the concept of ‘cognitive and emotional biases,’ and their dangers. We also introduced four different kinds of biases that are commonly exhibited when making financial decisions. If you missed part 1 of this feature, be sure to check it out via our corporate website

Today, we will look at four more kinds of biases. First, let’s start by looking at two more cognitive biases – biases which affect the way individuals process information – framing and mental accounting.

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Beware of Bias when Making Financial Decisions- Part 1

When we think of finance, many of us immediately think of complex equations, algorithms or charts. Indeed, numbers do play an important role in the finance industry but an often overlooked, and just as important, aspect is the role of behavioural psychology. In this week’s article the focus will be on the psychological aspect of the financial decision-making process, otherwise known as bias, and how some commonly exhibited biases can affect one’s judgment in making appropriate financial decisions.

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A TIME TO RESET, REFLECT & REVISIT

Easter in Trinidad and Tobago is always a special time for many as it symbolizes a time of renewal and hope. As a lead up to Easter, some persons would have used this time to fast and abstain from some of their favorite things as a sign of sacrifice and to test their self-discipline.

The Mutual Funds Association of Trinidad and Tobago (MFATT) would like to share with you, some of the ways individuals would have used this time to improve on a few negative habits and practices.

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