1 www.jse.co.za Copyright© JSE Limited 2009 www.jse.co.za The JSE – 125 years of history and progress 29 August 2012, by Monica Ambrosi.

Slides:

Advertisements

Similar presentations

Copyright© JSE Limited JSE: A New Era Noah Greenhill GM: Marketing and Business Development.

Advertisements

1 Short Selling Consistency in South Africa David E Allen, Robert J Powell and Abhay K Singh.

© Copyright 2010, The NASDAQ OMX Group, Inc. All rights reserved. STRICTLY PRIVATE AND CONFIDENTIAL GLOBAL TRENDS IN POST TRADE IMPLICATIONS TO CIS AND.

1 Strategic Challenges Facing HKEx Paul Chow Chief Executive, Hong Kong Exchanges and Clearing Limited Conference on the Securities and Futures Ordinance.

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.

International Expansion/Collaboration International Securities Eligibility Global Market BMV.

1 ASAF 2001 Conference Hong Kong: Asia - The Third Global Financial Zone 4 December 2001 Rising to the new challenges - HKEx’s Response Mr K C Kwong Chief.

By: Jesse Scott European Markets and Trading. Major European Markets London Stock Exchange Euronext Deutsche Boerse OMX Nordic Exchange Borsa Italiana.

ASIAN EQUITY MARKETS AND TRADING Chompunuch Bunsumpun.

AMEDA Conference Mauritius PRESENTED BY: Monica Singer, CEO DATE: May 2008.

Financial Markets and International Capital Flows Chapter 11.

Asdfasdf Global Markets Summer Associate Program Company Deutsche Bank is a global financial services leader - an undisputed presence in the major markets.

Latest Updates on the Indonesia Stock Exchange

What is a Stock Exchange? Is traditionally a place where stocks (shares), bonds, and other financial instruments and derivatives (of the stocks) are traded.

Contemporary Investments: Chapter 5 Chapter 5 ORGANIZATION OF THE FINANCIAL MARKETS What are the different types of financial markets? How do the primary.

5 th Anniversary Futures & Options Segment of NSE Futures & Options Segment of NSE marks its 5 th Anniversary - today following a period of phenomenal.

(Eun and Resnick chapter 17)

European Stock Markets and Recent Developments By : Suchaya Hongstong.

Nairobi September 26, 2014 NAIROBI SECURITIES EXCHANGE LAUNCHES NEW BOND SYSTEM.

KAZAKHSTAN STOCK EXCHANGE INC. Tallinn 2007, May 13–14.

Produced by: Abduvali Ibn Manan

Copyright© JSE Limited Challenges for Our Markets Nicky Newton-King Deputy CEO, JSE Ltd AMEDA Conference October 2008.

Copyright© JSE Limited JSE – Africa’s premier exchange Noah Greenhill Senior General Manager: Marketing, JSE Ltd 4 March 2008 Mine Africa.

26 th Oct. ‘09 Duration: 1 hour 30 mins Capital Marketing.

Prof. Stephen Cheung Dean, School of Business Hong Kong Baptist University The role of Hong Kong in the rise of London and other RMB offshore centres.

Global IPO Market INTRODUCTION. Global Stock Exchanges (in terms of market capitalization in 2012) Source: World Federation of Exchanges (as at December.

Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 1-1 FIN 444 Financial Institutions in Hong Kong Week 1 Introduction: Financial System and.

Russian Trading System Stock Exchange Opportunities of Derivatives market for foreign investors.

FICC Coverage Group Fixed Income, Currency, & Commodities.

ANGLORAND FINANCIAL SERVICES GROUP. EXECUTIVE SUMMARY Anglorand Securities Limited is a consolidation of financial services companies dating back to 1968.

Market Information Seminar 12 October 2004 Allan Thomson.

Latest Updates on the Indonesia Stock Exchange 19 December 2014.

FNCE 4070 Financial Markets and Institutions Lecture 8 Financial Markets: A Global Overview.

Copyright© JSE Limited The Role of Technology in Market Development “African Capital Markets: The Next Investment Frontier” Accra, Ghana,

STP In Korean Securities Market VISION 2015 We bridge Asia and the rest of the world as Global Partner with internationally compatible investment services.

Balance of Payments : When American citizens and firms exchange goods and services with foreign consumers and firms, payments are sent back and forth through.

Copyright © 2009 Pearson Prentice Hall. All rights reserved. 1-1 FIN 444 Financial Institutions in Hong Kong Week 1 Introduction: Financial System and.

Part One Introduction. Chapter 1 Why Study Financial Markets and Institutions?

NATIONAL STOCK EXCHANGE Life After Lehman April 20, 2009 Ravi Narain, MD&CEO, NSE, India.

QB March 2011 Presentation by the South African Reserve Bank to the Portfolio Committee on Finance Quarterly Bulletin March April 2011.

National Treasury, Republic of South Africa 1 SECURITY SERVICES BILL, 2004 PRESENTATION TO THE PORTFOLIO COMMITTEE ON FINANCE BY Samantha Anderson, Director.

By: Blayne Paulsen & Ryan Good. Today, the FSE covers the complete process chain including securities and derivatives trading and clearing, transaction.

- 1 - The Tel Aviv Stock Exchange Growth & Opportunity Ester Levanon, CEO November nd TASE-NASDAQ Conference.

Chapter 12 International Linkages Introduction National economies are becoming more closely interrelated Economic influences from abroad have effects.

1 Financial Market Development: Sequencing Of Reforms To Ensure Stability Presented By V. Sundararajan Fi fth Annual Financial Markets And Development.

WORKSHOP ON DEVELOPING GOVERNMENT BOND MARKETS IN SUB-SAHARAN AFRICA ________________________________ 17 – 19 JUNE 2003 JOHANNESBURG ________________________________.

Copyright© JSE Limited Rod Gravelet-Blondin Commodity Derivatives JSE Limited Learning from South Africa 1 ECX-UNDP Knowledge Forum.

NEW BUSINESS ASSOCIATION between the JSE Securities Exchange South Africa and London Stock Exchange.

Banking Risks and Regulation. Changes in Indian Banking.

REUTERS 3000 XTRA University of Hong Kong Trading Workshop David Lo Class 12 Structured Products & Assignments Review.

Copyright © 2005 JSE Limited Presentation on JSE LIMITED to ASEA CONFERENCE 10 th – 12 th September 2005 By Geoff Rothschild Director Marketing – JSE Limited.

THE JSE SECURITIES EXCHANGE CLEARING AND SETTLEMENT 8 May 2003.

Essential Standard 4.00 Understand the role of finance in business.

Global Capital Market Size Market consists of stocks, bonds, derivatives. Bank loans not included. Bonds include all kinds of debt instruments. Derivative.

How Stocks are Traded Wall Street – Mr. Arbiter. How Stocks Are Valued Companies have a wide range of choices in structuring the price of their stock.

Latest projects of each organization 18 th ACG Cross Training Seminar in Ho Chi Minh City, Vietnam The Exchange of Information Task Force Session Japan.

Korea Exchange and Global Business Introduction Global Business Department

Technology in the Exchange Industry

The future of the capital markets in Guyana

Copyright 2005 Prentice- Hall, Inc.

Financial Derivatives in Emerging Markets: The Challenge of Keeping Markets Locally (Growth in the domestic derivatives market, non-resident transactions,

BRICS Financial Markets and Integration. growth. significance

FIN 324 Financial Institutions in Hong Kong and Global Banking

Strategic Challenges Facing HKEx

EURONEXT LEADING PAN-EUROPEAN EXCHANGE

ORGANISING AND FUNCTIONING OF SECURITIES MARKETS

Flow of Capital: Net Foreign Investment

Global trends in post trade Implications to CIS and CEE region Yerevan, October 2011 STRICTLY PRIVATE AND CONFIDENTIAL.

Copyright 2005 Prentice- Hall, Inc.

Presentation transcript:

1 Copyright© JSE Limited The JSE – 125 years of history and progress 29 August 2012, by Monica Ambrosi

2 A bit of history – where we were…

3 A bit of history – where we are...

4 History of the JSE 1887: JSE founded In 1995: Open outcry floor trading; settlement 7 days later or more Equities only 1996: Centralised order book introduced 1999: STRATE formed (dematerialisation) 2001: Acquired SA Futures Exchange (SAFEX) 2002: Move to guaranteed T+5 settlement of equity trades 2002: Adopted LSE trading platform 2005: Exchange demutualised 2006: JSE listed on its own exchange 2009: Acquired the Bond Exchange of South Africa (BESA) 2012: New equities trading platform introduced

5 The JSE in the local economy Ratio reflects size of stock market relative to the economy The JSE is 125 years old and has grown to a significant size (ratio of 3.38 in 2009) The JSE is a conduit for domestic and foreign savings in the economy Source: World Bank Note: ( ) refers to World Bank income group classification

6 Comprehensive offering LISTING TRADING CLEARING SETTLEMENT Interest Rate Products Commodity Derivatives Equities Equity Derivatives Market Surveillance Information Products

7 Market development & product innovation Shape development of local capital markets and influence relative policy environment Equities market: New products (ETFs, ETNs) New customers (broaden international client base) Equity derivatives: Bring trading onto central order book Interest rate market: Grow the interest rate derivatives offering Enhance corporate bonds offering Commodity derivatives market: Trading of other African derivatives

8 The JSE within the global context Source: World Federation of Exchanges

9 The JSE within the global context NYSE Group Tokyo SE Group Bombay SE TMX Group London SE Group Hong Kong Exchanges ASX NSE India Shanghai SE Deutsche Börse Egypt SE JSE Bursa Malaysia OMX Nordic Source: World Federation of Exchanges; data for May 2012

10 The JSE within the global context GFC Non-resident investors are key participants in local equity and bond markets These portfolio flows, although volatile, are critical for the Balance of Payments of the economy The value of bond trading recorded on the JSE is the 4 th highest globally (y-t-d May 2012 $1.2 trillion) Sources: SARB & JSE

11 Thank you