New offering aims to simplify access to South Africa’s secondary markets and contribute to growing the increasingly diverse community of asset managers, sell-side brokers, and technology providers in the region.
The Johannesburg Stock Exchange (JSE) has expanded their partnership with cloud provider Beeks Group and IPC Systems; Move comes as venues face increased industry pressure as to the reliability of capital markets’ infrastructure.
Speaking to The TRADE, Instinet’s Salvador Rodriguez said the move would support much needed fragmentation and diversity of venues in the region.
Panellists assess lessons learned in Europe around venue fragmentation and how South Africa could or should follow suit in terms of defining best execution. Is the country on the cusp of major change?
The platform, in partnership with big xyt, provides daily online trading analytics for listed shares and ETFs.
LSEG’s FTSE Russell has been working with JSE on providing equity indices since 2002.
The JSE’s SA TradeConnect event in late October highlighted both global and local influences on market behaviour.
South African securities markets seek to promote structural strength in the face of economic headwinds.
JSE to run all equities, equities derivatives and FX derivatives markets on Millennium Exchange platform.
Johannesburg Stock Exchange is overseeing the migration of its markets to the new clearing platform.