The ECSE is a regional securities market established by the Eastern Caribbean Central Bank and licensed under the Securities Act of 2001- a uniform regional body of legislation governing securities market activities. The ECSE is designed to facilitate the buying and selling of financial products--including corporate stocks and bonds and government securities-for the eight member territories of Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines. It is the first regional securities market in the Western Hemisphere.