JSE Launches Online Virtual Trading Game

JOHANNESBURG, 12 June 2013. In a bid to inspire ordinary South Africans to trade on the exchange, the Johannesburg Stock Exchange (JSE) has launched the first JSE Virtual Trading Game - an online trading competition which simulates a real trading environment and allows participants a risk-free opportunity to trade shares. Each participant receives a virtual R1-million to build an investment portfolio...


Continue Reading »


National Youth Financial Literacy Day Cautions Youth to Invest Now

06 June 2013 - Young people must become financially savvy if South Africa were to grow its economy and develop the country. On 7 June 2013 the Johannesburg Stock Exchange (JSE) will partner with the KwaZulu-Natal Financial Literacy Association, championed by KZN Finance MEC Ina Cronjé in Esikhawini at Umfolozi FET College near Empangeni to provide financial knowledge and literacy to young people....


Continue Reading »


JSE Cuts Fees for Interest Rate and Currency Derivatives

JOHANNESBURG, 29 May 2013. In a bid to increase liquidity and boost trading volumes, the JSE will reduce fees for both interest rate and currency derivatives effective 1 July 2013. “The JSE has a history of reducing fees for both currency and interest rate derivatives in order to remain competitive while attracting OTC business onto the exchange. This approach has been successful, with volumes...


Continue Reading »


Investment in listed property can help you beat inflation

By Humphrey Borkum, Chairman of JSE Limited The property stocks listed on the JSE provide medium and long term investors with an interesting array of choices. These entities give investors the opportunity to partake in a diversified portfolio of expertly managed immovable property. Listed property can help investors find a way to beat inflation - through growth of the capital investment supported by rental...


Continue Reading »


The JSE currency derivatives market crosses R500 billion milestone

JOHANNESBURG, 06 May 2013 - The Johannesburg Stock Exchange’s (JSE) currency derivatives market recently reached the R500 billion in total value traded milestone. “In the past 14 months R250 billion has been traded on our market – this is a rapid rate of growth compared to previous years. It took two years between 2007 and 2009 to reach R100 billion in traded value and a further two years to reach...


Continue Reading »


JSE expands Quanto Futures range to include nine new commodities

Johannesburg, 16th April 2013 – Market participants will be able to obtain exposure to nine new foreign-referenced soft and hard commodities thanks to the JSE’s expansion of its Quanto Futures range. Products to be introduced under license from the CME Group are heating oil, gasoline, natural gas, palladium, sugar, cotton, cocoa, coffee and corn. With the exception of corn, this is the first...


Continue Reading »


JSE to welcome REITs regime

Johannesburg, 2nd April 2013 – From yesterday the 1st April 2013 South Africa will implement a local Real Estate Investment Trust (REIT) regime that will usher in a new era for the listed property sector. From this date all property companies currently listed on the JSE either property loan stocks or property unit trusts will convert to a REIT structure and any new listings in this sector will have...


Continue Reading »


Businesses must co-operate with government on NDP

By Humphrey Borkum, Chairman of JSE Limited In July 2011 in a reply to Bobby Godsell’s call for business leaders to raise their voices against the ANC Youth League’s nationalisation plans I used this column to address the issue. I pointed out that the government had neither the money, capacity nor expertise to take over the mining and banking sectors. Moreover the government had enough on its plate...


Continue Reading »


Quarterly index review to lift JSE equities volumes

Johannesburg, 14 March 2013 – Market watchers can expect to see large trading volumes on the JSE’s equity market tomorrow as a methodology change to the FTSE/JSE Africa Index Series is implemented. This change will impact all investments that track an index including unit trusts, exchange traded funds, institutional funds as well as index derivatives products. The indices will now be constructed...


Continue Reading »


New rules launched for new Derivatives Market Default Fund

JOHANNESBURG, 14 MARCH 2013. Safcom - the clearing house for the JSE’s derivatives market – today announced the promulgation of the rules enabling the establishment of a default fund intended to add another layer of investor protection in the exchange traded derivative market. The need for the fund arises from the financial crisis of 2008, which prompted coordinated efforts to improve global market...


Continue Reading »