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 4 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?
Corporate Profile Company Business: Advisor and Service Provider to Real Estate Funds for Institutional Investors Investment Focus: Single Tenant.
STRATE THE CLEARING & SETTLEMENT & DEPOSITORY FOR ALL FINANCIAL INSTRUMENTS IN SOUTH AFRICA Punte del Este, Uruguay 27 October 2005 Monica Singer CEO-
1 Short Selling Consistency in South Africa David E Allen, Robert J Powell and Abhay K Singh.
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.
Clearing House Operations
Financial Market Integration in Euro Area Development and Obstacles Zhang Jikang and Miss. Wang Xinhui Center for European Studies, Fudan University April.
Heart of the worlds financial markets Prepared for the Institute of Directors May 2012.
An Introduction to AWB Andrew Lindberg Chief Executive AWB Limited.
Oslo Børs VPS Holding ASA 4th Quarter February 2014.
Mutual Funds: An Easy Way to Diversify Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall Learning Objectives 1. Weigh the advantages.
Oslo Børs VPS Holding ASA 1st Quarter April 2014.
1 H-shares Index Options Launch Date : 14 June
1. 2 WELCOME 3 Table of contents Welcome Salient features Sustainability achievements Financial review Strategy ›Short-term challenges and.
Copyright © 2005 JSE Limited LEONARD JORDAAN ASEA CONFERENCE 12 SEPTEMBER 2005 ASSET BACKED SECURITIES.
FTSE/Xinhua China 25 Index (FXI China 25) Futures & Options Launch Date: 23rd May 2005.
1 JSE Equity Market – A New Era for JSE Trading. 2 Regulation and Market Credibility Cost Understanding and Focus Technology Delivery Integrated.
Capital Markets and Resource Mobilization
Copyright© JSE Limited WORKINGS OF THE JSE 7 February 2009 Waldemar Budeli.
SINGAPORE’S EXPERIENCE IN DEVELOPING THE GOVERNMENT BOND MARKETS Yeo Lian Sim Assistant Managing Director (Capital Markets) Monetary Authority of Singapore.
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.
© 2018 SlidePlayer.com Inc. All rights reserved.