We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published byKaitlyn Bradshaw
Modified over 3 years ago
Copyright© JSE Limited 2006 www.jse.co.za JSE: A New Era Noah Greenhill GM: Marketing and Business Development
© 2 Our business today 5 Markets Equities – listing, trading & regulation of shares, ETFs and warrants Equity Derivatives – SSF, index derivatives, can-do options Agricultural Products – maize, wheat, soya and sunflowers Alt X Yield-X Equities and derivatives clearing Own 11% of Safcom Settlement Own 41% of STRATE Guarantee of equity trades Information product sales Technology services
© 3 Opportune environment for listing of JSE 1 July 2005 – demutualised and taxable 5 June 2006 – listed on Main Board 5 June 2006 – implemented Broad-based BEE deal Good progress in meeting Financial Sector Charter targets
© 4 Key operational highlights – 2005 Higher level of demand for new Main Board equity listings 14 new listings (2004: 11) Record overall JSE equity trading volumes and values Average daily value traded up by 24% Average daily number of trades up 29% Zero failed trades for more than 5 years despite increase in volumes Good performance in equity derivatives Average daily number of contracts increased by 35% Open interest increased by 29%
© 5 Key operational highlights – 2005 Alt X growth – market for small and medium sized companies Listed 6 new companies Yield-X – one-stop shop for a wide range of interest rate products Launched in February Revenue from information product sales up Third round of Socially Responsible Investment Index Number of successful constituents increases Ongoing migration of the exchange onto new IT systems Project Orion a major priority
© 6 JSE equities market capitalisation & liquidity
© 7 JSE equities market average monthly value traded & number of trades
© 8 Equities – Main Board Good level of demand for equity new listings on the Main Board – 11 YTD Warrant issues more than doubled in 2006 – 356 YTD Continued increase in equity trading volumes and values Average daily value traded up 80% YTD Average daily number of trades up 65% YTD Net foreign investment at an all time high – R56.5 billion YTD Liquidity improved – 46.0% YTD New inward dual listings A number of new product launches eg SATRIX Swix and SATRIX Resi in 2006, ITRIX range Next steps - Foreign companies, ETFs, African listings, listed company forums -Settlement needs to move from T+5 to T+3 together with a reduction in costs -Broad-based investor education initiatives to continue with strategic partners
© 9 Alt X Alt X is for small and mid-sized companies 23 companies currently listed 8 new companies 1 company graduated to the Main Board 1 company migrated from Main Board to take advantage of better matched value proposition 17 designated advisors Directors induction programme Next steps More company listings in the pipeline
© 10 Yield-X Launched February 2005 new market offering a broad range of exchange traded interest rate derivatives Gaining market traction Corporate bonds able to be listed on Yield-X from 1 July 2006 Next steps - Target retail issuers - Yield-X upgrade for retail trade to come
© 11 Opportunity - Africa Dual listing Costs Expand liquidity pool Access to new pool of investors Access to new capital Access to foreign capital Emerging market funds Arbitrage opportunities BEE (specifically South Africa)
Copyright© JSE Limited 2006 www.jse.co.za Questions?
Copyright© JSE Limited JSE – Africa’s premier exchange Noah Greenhill Senior General Manager: Marketing, JSE Ltd 4 March 2008 Mine Africa.
Copyright© JSE Limited Challenges for Our Markets Nicky Newton-King Deputy CEO, JSE Ltd AMEDA Conference October 2008.
Copyright © 2005 JSE Limited Presentation on JSE LIMITED to ASEA CONFERENCE 10 th – 12 th September 2005 By Geoff Rothschild Director Marketing – JSE Limited.
Copyright© JSE Limited February 2010 The South African and Global Landscape of Exchange Traded Funds (ETFs) 1.
BULGARIAN CAPITAL MARKET AND THE ROLE OF BULGARIAN STOCK EXCHANGE 7 th INTERBALKAN FORUM OF BANKING ASSOCIATIONS Sofia, May 4 th Ivan Takev, BSE-Sofia.
1 JSE Equity Market – A New Era for JSE Trading. 2 Regulation and Market Credibility Cost Understanding and Focus Technology Delivery Integrated.
7 th Annual Conference – Association of Futures Markets (March 4-5), Budapest Derivatives Market At National Stock Exchange of India.
Copyright© JSE Limited Corporate Governance AltX – is it different? Noah Greenhill.
1 Copyright© JSE Limited The JSE – 125 years of history and progress 29 August 2012, by Monica Ambrosi.
Thailand Futures Exchange August 10, 2005 Kesara Manchusree Managing Director.
1. 2 International Roadshow Presentation September/October Liberty Life.
Financial Services 101. Financial Services Industry.
2 Regulated Exchange of EU. Cyprus has joined the EU since May Cyprus has joined the Eurozone as of January Cyprus, as an EU Member.
Russian Trading System Stock Exchange Opportunities of Derivatives market for foreign investors.
Derivatives Market of Hong Kong Exchanges and Clearing Limited Calvin Tai Senior Vice President Derivatives Market – Exchange Division Hong Kong Exchanges.
National Treasury, Republic of South Africa 1 SECURITY SERVICES BILL, 2004 PRESENTATION TO THE PORTFOLIO COMMITTEE ON FINANCE BY Samantha Anderson, Director.
Corporate Profile Company Business: Advisor and Service Provider to Real Estate Funds for Institutional Investors Investment Focus: Single Tenant.
Copyright © 2005 JSE Limited LEONARD JORDAAN ASEA CONFERENCE 12 SEPTEMBER 2005 ASSET BACKED SECURITIES.
INTERIM RESULTS PRESENTATION 2012 Nicky Newton-King, CEO August 2012.
1 Evolution and opportunities in the Greek capital market May 2001 Dr Panayotis Alexakis President of the Athens Stock Exchange (ASE) and the Athens Derivatives.
© 2017 SlidePlayer.com Inc. All rights reserved.