JSE Securities Exchange South Africa

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JSE Securities Exchange South Africa
JSElogo.gif
Founded 1887
Headquarters Johannesburg, South Africa
Key People Russell Loubser, CEO
Products Clearing and settlement in equities, financial and agricultural derivatives
Website www.jse.co.za

The Johannesburg Stock Exchange (JSE) is the largest stock exchange in Africa. It has operated as a market place for the trading of financial products for nearly 120 years. In this time, the JSE has evolved from a traditional floor-based equities trading market to a modern securities exchange providing fully electronic trading, clearing and settlement in equities, financial and agricultural derivatives and other associated instruments and has extensive surveillance capabilities. The JSE is also a major provider of financial information.[1]

The JSE Securities Exchange was ranked as the 24th largest derivatives exchange according to the 2018 annual volume survey released by the Futures Industry Association with 190 million contracts traded, down 50 percent from the previous year.[2]

History

In 2000 the JSE successfully lists Satrix 40, the JSE’s first exchange traded fund, which tracks the top 40 companies listed on the JSE’s Main Board.[3]

In 2001 the JSE acquires SAFEX, the South African Futures Exchange, and becomes the leader in both equities and equity and agricultural derivatives trading in the South African market. The JSE enters into a joint venture with GL Trade SA to provide an internationally accepted trading front-end to the equities market, known in South Africa as TALX.

Contract Volume

Year Total Annual Volume Percent Change
2018 190,696,069 (-) 50.2%
2017 382,944,302 (-) 20.1%
2016 479,202,245 (-) 1.9%
2015 488,515,983 63%
2014 304,003,143 19.4%
2013 254,514,072 60.1%
2012 158,996,880 (-)4.3%
2011 166,197,652 (-)2.2%
2010 169,898,609 (-)2.6%
2009 174,505,220 --

Products and Services

Key People

References

  1. Overview of the JSE. JSE.
  2. 2018 Annual Volume Survey. Futures Industry.org.
  3. History of the JSE. JSE.
  4. JSE CEO Russell Loubser to step down in December. MoneyWeb.