NCB Capital Markets has received an application to list two securities, valued at $7 billion, on the new Private Market platform of the Jamaica Stock Exchange (JSE). The Private Market portal provides a platform for listing and trading of private securities. It also seeks to enhance market participation and greater efficiency within the securities market, the JSE said. Currently, private securities, registered with the Financial Services Commission (FSC), are traded “Over the Counter” (OTC) between licensed brokers. Speaking at the Private Markets platform launch, Finance Minister Dr Nigel Clarke said the private assets market between 2017 and 2020 grew by 100 per cent, from approximately $100 billion to $200 billion. By comparison, loan growth has returned 16 per cent to 35 per cent growth in the same period.